Northisle Copper and Gold Inc. (TSXV: NCX) has received the first assay results from its 2023 drill programme at Northwest Expo. The results confirm that the gold-enriched copper porphyry mineralization in Zone 1 at Northwest Expo is consistent with company’s objectives for the project.
“These results are some of the best ever at the North Island Project. The drill holes demonstrate continuity from previous drilling in the gold-enriched zone at Northwest Expo and support the potential of the project…to show significantly higher grades,” commented Sam Lee, Northisle president & CEO.
“We are awaiting final phase one drill results from Northwest Expo and Goodspeed and have initiated our fully funded phase two drill programme. Our goal continues to be an initial resource at Northwest Expo in 2023.”
Four of eight holes have been received at Northwest Expo, with three holes intersecting significant mineralization consistent with the hypothesized mineralized envelope in the gold-enriched copper porphyry in Zone 1.
Highlights included:
- Hole NW23-09: 36.0m grading 1.64g/t Au Eq and 29.7m grading 1.05 g/t Au Eq
- Hole NW23-11:64.5m grading 1.21g/t Au Eq
- Hole NW23-12: 112.7m grading 0.94g/t Au Eq, including extensive higher-grade intervals
Hole NW23-10 was targeted down-dip on the northern portion of the target and intersected a fault. Assays from four additional holes at Northwest Expo are still pending.
Northisle’s 2023 drilling has been focused on better defining the mineralized area within Zone 1, following relogging of drilling completed by Northisle in 2021 showing important geological features not recognized in historical drill holes as well as an extensive surface geophysics programme completed on the property during 2022.
Additional assays are anticipated by October with targets for an initial inferred resource by the end of 2023.
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