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Pup Copper Project

— Yukon, Canada

Project Summary Investment Highlights Exploration Status

Project Summary

  • Strategic Location: The project consists of 90 quartz claims totaling approximately 1,820 hectares located roughly 10 kilometres west of Dawson City, Yukon.
  • Accessibility: The site is readily road-accessible via a network of rough roads leading to local placer mines.
  • Geological Setting: The geology and mineralization are analogous to targets in the Minto Copper Belt. The area bedrock is strongly oxidized, suggesting significant discovery potential at depth.
  • Acquisition: Northern Lights optioned the property from veteran prospector Bernie Kreft in September 2025.
  • Mineralization Style: Mineralization consists of malachite and azurite hosted within quartz-chlorite-epidote schist, likely derived from a mafic to intermediate igneous protolith.

Investment Highlights

  • Petal is a 2024 discovery and one of two zones included in the 2026 maiden drill program. It features a 400 m by 1,000 m northwest-trending copper anomaly that remains open to the southeast and potentially to the northwest.
  • Rock grab samples at the Petal target have returned grades as high as 3.799% Cu, while soil samples range from 221 to 2,963 ppm Cu.
  • In addition to Petal, the project hosts the Gismo and Finn targets, which feature soil samples up to 632.3 ppm Cu and 2,085.8 ppm Cu, respectively.
  • On October 29, 2025, the project received a Class 3 exploration permit valid for 10 years, authorizing drilling, trenching, and road/trail construction.

Exploration Status

  • Priority Targets:
    • 2026 Maiden Drill Program: In July 2026, Northern Lights commenced a fully funded program comprising up to 10 shallow reverse-circulation scout holes totalling approximately 600 metres at the Gismo and Petal Zones.
    • Petal: Included in the 2026 inaugural drill program and defined by widespread soil values up to 2,963 ppm Cu and rock samples up to 3.799% Cu.
    • Gismo: Included in the 2026 inaugural drill program, with soil samples returning up to 632.3 ppm Cu and rock samples returning up to 201.3 ppb Au and 643.2 ppm Cu.
    • Finn: Features soil values up to 2,085.8 ppm Cu and rock samples grading up to 3,082 ppm Cu.
  • 2025 Work Program: The 2025 exploration campaign was designed to assess these priority targets through ground magnetic surveys (specifically at Petal), extensive soil geochemical sampling, prospecting, hand trenching, and thin section analysis.
  • Exploration Progress: Petal and Gismo are being tested in the Project’s first-ever drill program, while Finn remains an additional exploration target.
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