VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce the release of an integrated resource estimate for its 100% owned North Island Project (the “Resource Estimate”) which integrates the Hushamu, Red Dog and Northwest Expo deposits. The Resource Estimate will be used for the development of an updated preliminary economic assessment (“PEA”) on the North Island Project which is now anticipated in early Q1 2025. This press release features multimedia. View the full release here: Figure 1: North Island Proj...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that additional diamond drill holes and assays from its West Goodspeed exploration program confirm the existence of near-surface porphyry-style mineralization over wide intervals. This press release features multimedia. View the full release here: Figure 1: Aerial View Looking East to West Goodspeed (Photo: Business Wire) Assays released today for GS24-07 through GS24-10, combined with previously released drill holes at West Goodspeed have all interc...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) announced that NorthIsle’s Board of Directors has approved the issuance of 352,000 stock options (the “Options”) to certain directors and employees of Northisle, pursuant to the Company’s incentive stock option plan (the “Stock Option Plan”). The Options provide for the purchase of an aggregate of 352,000 common shares of the Company (the “Common Shares”) at an exercise price of $0.475 per share, which is the closing price for the Common Shares on the TSX Venture Exchange a...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that drilling at West Goodspeed totalling over 3,077m has intercepted porphyry-related copper mineralization over an 800-metre strike length at West Goodspeed. This press release features multimedia. View the full release here: Figure 1: Aerial View Looking East to West Goodspeed (Photo: Business Wire) Assays have been received from the first completed 2024 hole (GS24-06) which intercepted porphyry-related copper and gold mineralization over approxim...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that all the proposed resolutions at its Annual General Meeting of Shareholders were duly passed by an overwhelming majority of shareholders. The results for each of the matters voted upon at the meeting are set out below: RESOLUTION VOTES FOR % FOR VOTES WITHHELD/ AGAINST % WITHHELD/ AGAINST Number of Directors set at 5 74,537,863 99.92% 57,749 0.08% Elect as a director: ...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to provide an update on the Company’s ongoing technical, exploration and corporate activities. The Company has recently completed the previously announced preliminary project trade-off work and has retained Ausenco Engineering Canada ULC to prepare a new Preliminary Economic Assessment on the North Island Project (the “2024 PEA”). The 2024 PEA is anticipated to evaluate an integrated project incorporating the Hushamu, Red Dog and Northwest Expo deposits, with t...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that it has commenced its 2024 Phase I exploration program at the North Island Project. The 2024 Phase I exploration program will consist of approximately 10,000 metres (m) of drilling and is designed to systematically vector towards the core of several identified porphyry systems trending across Goodspeed and Northwest Expo. Surface mapping and additional geophysics will continue on high priority targets throughout Northisle’s district-scale North Is...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) announced that NorthIsle’s Board of Directors has approved the issuance of 150,000 stock options (the “Options”) pursuant to the Company’s incentive stock option plan (the “Stock Option Plan”). The Options provide for the purchase of an aggregate of 150,000 common shares of the Company (the “Common Shares”) at an exercise price of $0.50 per share, which is the closing price for the Common Shares on the TSX Venture Exchange as of April 1, 2024. All of the Options have a 5 ye...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that a total of 5,048,000 warrants issued on December 17, 2021 have been exercised by Michael Gentile and Pierre Beaudoin for gross proceeds of $1,413,440. These funds will be used to accelerate development of the North Island Project including technical and economic studies. Adjusting for warrant proceeds, the company had $9 million in cash and cash equivalents as of December 31, 2023 (unaudited), with no debt and no additional warrants outstanding. ...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce an initial mineral resource estimate (the “Resource Estimate”) for the Northwest Expo deposit at its 100% owned North Island Project, located on Vancouver Island in BC, Canada. This press release features multimedia. View the full release here: Figure 1: North Island Project Showing 2024 Areas of Focus (Graphic: Business Wire) Sam Lee, President & CEO of Northisle stated “Today’s new resource estimate at Northwest Expo has exceeded our expectations o...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce preliminary metallurgical results from Northwest Expo which demonstrate combined flotation and leach recoveries for gold ranging from 88.7% to 92.6% and for copper from flotation ranging from 68.7% to 87.7%. This press release features multimedia. View the full release here: Figure 1: Process Flowsheet Applied to Northwest Expo Composites (Photo: Business Wire) Sam Lee, President & CEO of Northisle stated “We are very pleased to receive these positiv...
VANCOUVER, B.C.--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce the first batch of drill results from its 2023 Phase 3 program at Northwest Expo which demonstrate continuity of the gold rich Zone 1 in Northwest Expo. This press release features multimedia. View the full release here: Figure 1: Northwest Expo Zone 1 (Photo: Business Wire) Sam Lee, President & CEO of Northisle stated “Today’s drill results continue to affirm the continuity of this high priority area within the gold enriched Zone 1 at Northwest Expo. We are nea...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) proudly announces the release of its inaugural Sustainability Report. Northisle is currently focused on the exploration and development of the North Island Project on northern Vancouver Island, British Columbia. The report underscores Northisle’s vision to be Canada’s leading sustainable resource company for the future and is a testament to Northisle's commitment to deliver enduring value to all partners and stakeholders by sustainability developing high-quality natural r...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) announced that NorthIsle’s Board of Directors has approved the issuance of 2,175,300 stock options (the “Options”) pursuant to the Company’s incentive stock option plan (the “Stock Option Plan”). The Options provide for the purchase of an aggregate of 2,175,300 common shares of the Company (the “Common Shares”) at an exercise price of $0.40 per share, which is the closing price for the Common Shares on the TSX Venture Exchange as of December 21, 2023. All of the Options hav...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- NorthIsle Copper and Gold Inc. (TSX-V: NCX) (“NorthIsle” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”) consisting of: (i) 1,511,400 common shares of the Company (the “Common Shares”) at a price of $0.28 per Common Share, (ii) 1,883,200 flow-through common shares (the “FT Shares”) at a price of $0.35 per FT Share, (iii) 4,500,000 charity flow-through common shares (the “CFT Shares”) at a price of $0.448 per CFT Share, and (iv) 6,978,500 critical minerals charity ...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Please replace the release with the following corrected version due to multiple revisions. The updated release reads: NORTHISLE ANNOUNCES UPSIZE OF OVERSUBSCRIBED PRIVATE PLACEMENT TO $6.4 MILLION AND WARRANT EXTENSION NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that it has increased the size of its previously...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that it intends to raise aggregate gross proceeds of approximately $5,000,000 (the “Offering”) pursuant to a four-part private placement which will be a combination of common shares (“Common Shares”) priced at C$0.28/share, flow-through common shares (“FT Shares”) priced at C$0.35/share, charity flow-through common shares (“CFT Shares”) priced at C$0.448/share and critical minerals charity flow-through common shares (“CMCFT Shares” and together with t...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that it has discovered a new mineralized porphyry system, now known as West Goodspeed, approximately 1,300m west of the Goodspeed target and 1,200m southeast of the Red Dog Deposit within the district-scale North Island Project. Exploration during 2023 has demonstrated that the North Island Project continues to expand in an area with existing infrastructure and a legacy of mining and resource production. This press release features multimedia. View t...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that it has now released results from its 2023 Phase 2 drilling program at Northwest Expo which have expanded the gold-enriched mineralized envelope at Northwest Expo Zone 1 to approximately 600m of strike and 400m of dip, which is a 25% increase in the estimated strike length of the mineralized trend. This press release features multimedia. View the full release here: Figure 2: Northwest Expo 2023 Drilling in Context with Previous Drilling In order ...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that the Company has commenced a Phase 3 drill program at Northwest Expo, focused on the Zone 1 gold-enriched target. 2023 Exploration Program Update The Company has completed a total of 19 drill holes totalling 8,491 metres across the Northwest Expo, Goodspeed and Pemberton Hills targets prior to the addition of the Phase 3 program. Of these holes, 5 assays have now been released, with a further 14 holes pending. The additional drilling at Northw...
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