Northisle Copper & Gold Inc(TSXV:NCX)

Northisle Copper and Gold Inc.

Investor website: https://www.northisle.ca/

About

Northisle Copper and Gold Inc. is based in Vancouver, BC, and owns one of the most developable copper-gold porphyry projects in the world, the North Island Project. This project spans over 34,000 hectares and is located on northern Vancouver Island, benefiting from pre-existing infrastructure in a mining-friendly community. Northisle is committed to sustainable resource development and aims to become Canada’s leading sustainable mineral resource company.

Verified company data

Cash position
C$43M
Shares outstanding
82,293,200
Fully diluted shares
305.2M
Mineral resource
Combined North Island Project Resource Estimate Notes to the Resource Table: 1. Resources are reported using the 2014 CIM Definition Standards and were estimated using the 2019 CIM Best Practices Guidelines. 2. The effective date of the Resource Estimate is September 23, 2024. 3. The Mineral Resources have been confined by open pits with “reasonable prospects of eventual economic extraction” using the 125% pit case and the assumptions outlined in the Design Basis in Table 4 and the metallurgical recoveries in Table 5 below. 4. The NSR is calculated as follows: - Hushamu chlorite-magnetite-silica altered mineralization (“CMG”): NSR($/t)=(Cu(%)\*77.8%\*$4.72\*2204.62)+(Au(gpt)\*59%\*$70.35/g)+(Mo(%)\*49%\*$25.32\*2204.62)+(Re(%)\*39.3%\*$530.29\*2204.6) - Hushamu non-CMG (based on silica-clay-pyrite (“SCP”) and applied to all other domains): NSR(C$/t)=(Cu(%)\*75.4%\*$4.70\*2204.62)+(Au(gpt)\*54%\*$70.01/g)+(Mo(%)\*45%\*$25.32\*2204.62)+(Re(%)\*35.7%\*$530.29\*2204.6) - Northwest Expo CMG: NSR($/t)=(Cu(%)\*73%\*$4.89\*2204.62)+(Au(gpt)\*91%\*$76.85/g) - Northwest Expo non-CMG: NSR($/t)=(Cu(%)\*88%\*$4.91\*2204.62)+(Au(gpt)\*91%\*$77.06/g) - Red Dog: NSR($/t)=(Cu(%)\*89.7%\*$4.72\*2204.62)+(Au(gpt)\*85%\*$74.08/g) 5. Copper Equivalents are calculated as follows, which reflect the differences in recoveries, payables and metal prices between the deposits: - Northwest Expo CMG: Cu Eq. = Cu + Au\*0.888; Non-CMG: Cu Eq. = Cu + Au\*0.737 - Red Dog: Cu Eq. = Cu + Au\*0.675 - Hushamu CMG: Cu Eq. = Cu + Au\*0.512 + Mo\*0.00034 + Re\*0.00567; Non-CMG: Cu Eq. = Cu + Au\*0.484 + Mo\*0.00032 + Re\*0.00534 6. Gold Equivalent for Northwest Expo is calculated as follows: CMG: Au Eq. = Au + 1.126\*Cu%; Non-CMG Au Eq. = Au + 1.358\*Cu% 7. The specific gravity for each deposit and domain ranges from 2.62-2.86 depending on alteration and is assumed to be 1.5 in overburden 8. The combined Resource Estimate incorporates a strip ratio of approximately 0.7:1 waste to above cut-off mineralization 9. Amounts may not add due to rounding All scientific information contained on this website has been reviewed and approved by Robin Tolbert, P.Geo., Vice President, Exploration of NorthIsle Copper and Gold Inc. who is a “qualified person” as defined by National Instrument 43 – 101 of the Canadian Securities Administration.
Projects
["North Island Project\n\nNorthisle’s 100% owned North Island Project is located at the north end of Vancouver Island, west of the town of Port Hardy, BC. The project consists of a contiguous 50-by-8-kilometre block of 214 mineral claims covering an area of more than 34,000 hectares of mineral claims, adjacent and northwest of BHP Billiton’s now closed Island Copper Mine. Northisle’s wholly owned subsidiary North Island Mining Corp. holds mineral titles that cover most of this extensive, important northwest trending Mesozoic porphyry copper-gold-molybdenum district and hosts eight porphyry copper-gold occurrences at varying stages of exploration and development.\n\nKEY OCCURRENCES\n\nHushamu\n\nThe Hushamu Deposit is a high-level telescoped porphyry copper-gold-molybdenum system containing a significant rhenium content. It is an advanced-stage deposit with a current NI 43-101 resource.\n\nRed Dog and Goodspeed\n\nThe Red Dog property is entirely enclosed within Northisle’s 100% owned claims. It was acquired by option for its potential to provide higher grade mineralization to a mining operation in the Hushamu area.\n\nPemberton Hills\n\nThe Pemberton Hills target is within a 6.5km long by 1.5km thick area of high-level, advanced argillic alteration within Mesozoic-age andesitic volcanic rocks in an early-stage exploration zone.\n\nExploration Targets\n\nThe North Island Project includes a number of relatively untested targets including Northwest Expo, Goodspeed and Macintosh."]
Leadership
Sam Lee (President & CEO, Over 20 years of experience in M&A, equity, and debt transactions in the mining industry, awarded the King Charles III Coronation Medal for contributions to sustainability.), Kevin O'Kane (Chief Operating Officer, Nearly 40 years of leadership expertise in the natural resource industry, previously at BHP Billiton and SSR Mining Inc.), Nicholas Van Dyk (Chief Financial Officer and Corporate Secretary, Over 20 years of experience in corporate development and finance in the mining industry.), Dr. Pablo Mejia Herrera (VP Exploration, Geoscientist with 20 years of global mineral exploration experience, specializing in copper, gold, and nickel deposits.), Andrea Zaradic (Vice President, Project Development, Over 35 years of experience in mining and renewable energy, previously General Manager at Newmont.), Kate Mueller (Vice President, Sustainability, Professional Engineer with over 25 years of experience in mining, specializing in regulatory approvals and compliance.), Brian Ferrey (Vice President, Corporate Development & Investor Relations, Unique combination of experience in executive, investment banking, and private equity roles within the mining sector.), Dr. John Thompson (Technical Advisor, Consultant with over 35 years of industry experience, focused on exploration, mining, innovation, and sustainability.), Cam Brown (Technical Advisor, 45 years of experience in mineral processing and project management.), Ian Chang (Technical Advisor, Mining executive with over 35 years of experience on high-profile mining projects worldwide.), Robin Tolbert (Technical Advisor, Over 40 years of exploration and development experience in major copper porphyry regions.)

Verified data last updated: 2026-05-15

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