Northisle Copper and Gold Inc. (TSXV: NCX) has now released results from its 2023 Phase 2 drilling programme at Northwest Expo, expanding the gold-enriched mineralized envelope at Northwest Expo Zone 1 to approximately 600m of strike and 400m of dip.
To incorporate additional drilling, underway as part of Phase 3, the company now anticipates that the initial resource estimate at Northwest Expo Zone 1 will be completed by early 2024. Phase 3 drilling on the gold enriched zone continues with results anticipated in Q4 2023 and Q1 2024.
The 25% increase in estimated strike length was highlighted by hole NW23-17, which intersected 66m grading 0.84g/t Au Eq. more than 100m northwest of previous footprint. Multiple holes are being tested for further strike extension within Zone 1 and to the south as well as infill near NW23-13.
“The continued growth of mineralization at Northwest Expo Zone 1 demonstrates the appeal of the North Island Project. We successfully extended the envelope of Zone 1 with our Phase 2 drill programme,” Sam Lee, president & CEO of Northisle stated.
“The ongoing Phase 3 programme will further explore the extent of the gold enriched zone at Northwest Expo and continue to demonstrate the enhanced prospectivity of the growing North Island porphyry district.”
In addition, to support the rapid advancement of this target, Northisle has now commenced metallurgical testing of all 2023 samples from Northwest Expo.
Assays from a total of 15 drill holes remain pending from Northwest Expo (8), Goodspeed (5), and Pemberton Hills (2). Drill results from Goodspeed are anticipated by December, with the balance to be released by early 2024.
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