Northisle Copper and Gold Inc. is pleased to announce complete assay results from its 2021 drill program. Results at Hushamu include intercepts of mineralization with grades significantly above the existing Indicated Resource estimate. At Northwest Expo, NW21-04 intersected significant gold grades which extend the gold-rich zone to the east. The remaining 2021 assays at the Northwest Expo target confirm the existence of [...]
Northisle Copper and Gold Inc. is pleased to announce the appointment of Ian Chang as Vice President Project Development, effective April 19, 2022. Sam Lee, President & CEO of Northisle commented: "I am very pleased to welcome Ian to the executive team at Northisle. Ian is an experienced mine developer and brings a wealth of BC project experience, including the successful advancement of the Brucejack Project through a [...]
Northisle Copper and Gold Inc. is pleased to announce that it has finalized its 2022 work plans for the highly prospective new gold-rich zone at Northwest Expo. The 2022 plan is to define a resource around the gold-rich mineralized porphyry zone measuring 480 by 360 metres with an average true width of 86 metres and a true width-weighted average grade of 0.98 g/t Au or 1.23g/t Au Eq. Initial metallurgical testing will [...]
Northisle Copper and Gold Inc. is happy to announce its participation on Wednesday January 26, 2022, in the annual TD Securities Mining Conference and AME Roundup 2022. TD Securities Mining Conference At 10:35 EST/07:35 PST via a virtual webinar, Northisle's President and CEO, Sam Lee, will be presenting a brief overview of the company and an update on recent drilling results. The TD webinar portal can be found here: 2022 [...]
Northisle Copper and Gold Inc. is pleased to announce that it has received the first assay results from its 2021 drill program at Northwest Expo confirming a zone of high-grade, gold-rich porphyry mineralization approximately 3 kilometers northwest of its Red Dog Deposit. In addition, preliminary surface geophysical surveys at Macintosh have identified numerous chargeability and resistivity anomalies. Northisle commenced [...]
Northisle Copper and Gold Inc. is pleased to announce that it has closed the Company's previously announced non-brokered private placement with Michael Gentile, CFA and Pierre Beaudoin , as well as the issuance of options and share units. Private Placement Pursuant to the Placement, the Company raised aggregate gross proceeds of approximately $1,918,240 consisting of 10,096,000 units at a price of C$0.19 per Unit. Each [...]
Northisle Copper and Gold Inc. is pleased to announce that it intends to raise aggregate gross proceeds of approximately $1,918,240 pursuant to a non-brokered private placement consisting of 10,096,000 units at a price of C$0.19 per Unit. Each unit consists of one common share of the Company and one half of one common share purchase warrant of the Company . Each Warrant is exercisable to acquire one Common Share at an [...]
Northisle Copper and Gold Inc. is pleased to announce that all the proposed resolutions at its Annual General Meeting of Shareholders held on Wednesday, December 8, 2021 were duly passed. 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 Five 66,818,443 99.02% 664,615 0.98% Elect as a [...]
Northisle Copper and Gold Inc. is pleased to provide an update on it's 2021 exploration programs. This includes the commencement of an extensive surface exploration program, in-fill and step-out drilling at Hushamu, and the completion of drilling at Northwest Expo and Red Dog. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211123005582/en/ Figure 1: Northwest [...]
TSX Venture Exchange Symbol: NCX Highlights: Pemberton Hills 2021 drilling confirms a large, deep lithocap consistent with an underlying porphyry system Pyrite rich breccia, remobilized metals in narrow veins, clay minerals intersected in the 2018 and 2021 drilling programs indicating higher temperatures and high acidity are interpreted as emanating from a porphyry system at depth Next steps include completion of [...]
Northisle has approved a $1 million budget for advancing critical path project development activities Metallurgical test work optimization including evaluation of alternatives to further enhance gold recoveries Meteorological, hydrological and geochemical studies to add to project baseline data and establish pre-feasibility design parameters Engagement with First Nations regarding project involvement opportunities Robin [...]
Northisle Copper and Gold Inc. is pleased to confirm the successful conclusion of its 2021 drilling program at the Pemberton Hills target on its 100% owned North Island Project, as well as a progress update on its ongoing surface exploration program at the Goodspeed and South Macintosh targets. Pemberton Hills The objective of this program was to confirm the existence of a large copper, gold, molybdenum bearing porphyry [...]