reports
Northisle Announces Appointment of Dr. Pablo Mejia Herrera as Vice Pre...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce the appointment of Dr. Pablo Mejia Herrera, P.Geo as Vice President Exploration. Robin Tolbert, P.Geo, has moved to a newly created position as Chief Geoscientist and will work closely with Dr. Mejia and the exploration team on the ongoing exploration activities at the North Island Project. This press release features multimedia. View the full release here: Dr. Pablo Mejia Herrera, P.Geo - Vice President, Exploration Sam Lee, President & CEO of Northi...
Northisle 2025 PEA Indicates 29% After-tax IRR and $2 Billion NPV for ...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce the positive results from a Preliminary Economic Assessment (the “2025 PEA”) for its 100% owned North Island Project (the “Project”) that demonstrate excellent economics from the staged development of the Project. This press release features multimedia. View the full release here: Figure 1: Sensitivity Summary Post-Tax NPV (7%) (Graphic: Business Wire) The 2025 PEA is based on a two-phase development of the Company’s 100% owned Northwest Expo and Red ...
Northisle Announces Final 2024 Drill Results Including 55.8m Grading 2...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that the final assays from the Company’s 2024 drill program at Northwest Expo and West Goodspeed have now been released. This press release features multimedia. View the full release here: Figure 1: Plan View of Northwest Expo with 2024 Holes Highlighted (Graphic: Business Wire) Robin Tolbert, Vice President Exploration stated “We are encouraged by the 2024 results from Northwest Expo, which have added continuity to the block model grades and resourc...
NorthIsle Announces Closing of Private Placement Financings for C$9.9 ...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- NorthIsle Copper and Gold Inc. (TSXV: NCX) (“NorthIsle” or the “Company”) is pleased to announce that it has closed the previously announced brokered private placement, including the full exercise of the over-allotment option, for gross proceeds of approximately C$9.4 million (the “Brokered Offering”). The Brokered Offering consisted of (i) 10,836,000 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the “Charity FT Shares”) issued at a price of $ 0.646 per ...
NorthIsle Announces C$9 Million Private Placement Financing
VANCOUVER, British Columbia--(BUSINESS WIRE)-- NorthIsle Copper and Gold Inc. (TSXV: NCX) (“NorthIsle” or the “Company”) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. (“Paradigm”) as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the “Agents”), including Agentis Capital Markets Limited Partnership as co-lead agent, in connection with a ”best efforts” private placement financing (the “Offering”) for total proceeds of approximately $9,000,376, consisting of up to 10,836,000 common shares of the Company that qualify as “f...
Northisle Announces Filing of NI 43‐101 Technical Report for North Isl...
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 filed on SEDAR+ a technical report (the “Report”) prepared in accordance with National Instrument 43‐101 – Standards of Disclosure for Mineral Projects (“NI 43‐101”) titled “NI 43-101 Resource Estimate for the North Island Project – 2024 Update” on the Company’s 100% owned North Island copper-gold project located in the north end of Vancouver Island, British Columbia (“North Island Project”). The Report was prepared by Sue Bird, M...
Northisle Announces Drill Results at Northwest Expo Including 132.8m G...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that assays from the first five drill holes of the Company’s 2024 drill program at Northwest Expo have now been released. This press release features multimedia. View the full release here: Figure 1: Plan View of Northwest Expo with Reported Holes Highlighted (Graphic: Business Wire) NW24-27, NW24-28 and NW24-29 all included lengthy intercepts of mineralization, and demonstrated the potential for future improvements to the resource estimate of this de...
Northisle Extends Strike of Mineralization at West Goodspeed to 1km
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that all but one of the significant assays from the Company’s 2024 exploration program at West Goodspeed have now been received. This press release features multimedia. View the full release here: Figure 1: Aerial View Looking East to West Goodspeed (Graphic: Business Wire) Recent assays for GS24-15 confirm the presence of copper and gold mineralization over three intercepts in this hole collared approximately 210m northwest of GS24-10, extending mine...
Northisle Announces North Island Project Indicated Resource Estimate I...
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...
Northisle Announces Additional Assays at West Goodspeed Confirm Near-S...
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...
Northisle Announces Issuance of Share-Based Compensation
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...
Northisle Announces Drilling at West Goodspeed Has Intercepted Porphyr...
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...
Northisle Announces Results of Annual General Meeting
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: ...
Northisle Announces Update on the North Island Project and Early Optio...
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...
Northisle Commences 2024 Phase I Exploration Program; 2023 Drill Resul...
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...
Northisle Announces Issuance of Share-Based Compensation
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...
Northisle Strengthens Balance Sheet Following Exercise of Warrants by ...
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. ...
Northisle Announces an Initial Indicated Resource Estimate of 1.0 Mill...
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...
Northisle Announces Recoveries of 90% Gold and 80% Copper at Northwest...
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...
Northisle Intercepts 96m Grading 1.42g/t Au Eq. and 87m Grading 1.46g/...
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...
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