Northisle Copper and Gold Inc. (TSXV: NCX) has successfully concluded its phase one drill programme at its Northwest Expo and Goodspeed target at the company’s North Island project in British Columbia, Canada.
The company has also received a five-year area-based exploration permit covering its Pemberton Hills exploration targets. Receipt of this permit, as well as the Northwest permit received earlier this year, followed a robust engagement process, which included extensive information sharing and discussions with impacted First Nations in advance of and throughout the permitting process.
“We are pleased that our programme at Northwest Expo has intercepted the anticipated alteration in multiple holes drilled in zone one, based on preliminary visual inspection of core,” commented Robin Tolbert, Northisle VP of Exploration.
“Our team is in the process of completing visual, x-ray fluorescence and spectroscopic analysis, and several holes have already been sent for assay. We eagerly await the results in the coming weeks and will leverage these results to assist in the targeting of our second phase programme.”
Phase one drilling at Northwest Expo has been completed with multiple intercepts of silica-clay-pyrite and chlorite-magnetite alteration as observed in previous drilling in zone one. Initial assays are anticipated shortly and will guide a fully financed phase two programme later this year.
Drilling completed at Goodspeed where initial logging and spot PXRF scanning has identified the presence of sulphides and anomalous copper values of up to 4,900ppm.
NorthIsle’s wholly-owned North Island Project is located at the north end of Vancouver Island west of the town of Port Hardy, BC. The project consists of approximately 33,000ha of mineral claims covering a 50 by 8km area west/northwest of BHP Billiton’s now closed Island Copper Mine.
For further information, please visit: www.northisle.ca
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