Critical Metals for an Electrified Future
Stock Code:
TSXV: NCX
Company Exposures:
Copper, Gold
Project Location:
Canada
Northisle Copper and Gold Inc. is a Vancouver-based company whose mission is to become a leading and sustainable mineral resource company for the future. Northisle owns the North Island Project, which is one of the most promising copper and gold porphyry deposits in Canada.
The North Island Project is located near Port Hardy, British Columbia on a 33,149ha block of mineral titles 100% owned by Northisle stretching 50km northwest from the now closed Island Copper Mine operated by BHP Billiton. Northisle recently completed an updated preliminary economic assessment for the North Island Project and is now focused on advancement of the project through a prefeasibility study while continuing exploration within this highly prospective land package.
Investment Highlights
Robust Preliminary Economic Assessment
- Superior economics with significant exposure to Cu, Au, Mo, and Re
- Long mine life of 22 years
- Average annual production of 156Mlbs Cu Eq over LOM
- Attractive economics with C$1.1B after-tax NPV (8%) and 19% after-tax IRR
- <Four-year payback and >30% gold by revenue
Rapid and Sustainable Development
- British Columbia among the top quartile of the best mining jurisdictions in the world
- Collaborative approach to consultation with First Nations and local communities
- Leveraging existing infrastructure for exploration and development