Latest news with #NorthisleCopperandGoldInc
Yahoo
12-05-2025
- Business
- Yahoo
OTC Markets Group Welcomes Northisle Copper and Gold Inc. to OTCQX
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Northisle Copper and Gold Inc. (TSX-V: NCX; OTCQX: NTCPF), a Vancouver-based sustainable mineral resource company, has qualified to trade on the OTCQX® Best Market. Northisle Copper and Gold Inc. upgraded to OTCQX from the Pink® market. Northisle Copper and Gold Inc. begins trading today on OTCQX under the symbol 'NTCPF.' U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Sam Lee, President & CEO of Northisle, commented: 'We are excited to begin trading on OTCQX, which will provide greater accessibility and visibility for Northisle among U.S. investors as we continue advancing our compelling North Island copper-gold project. With a recently completed PEA outlining a C$2.0 billion after-tax NPV and a 29% IRR, and a 2025 exploration program already underway targeting higher-margin zones and new porphyry centers, Northisle is at an inflection point. Our focus on responsible development, stakeholder engagement, and district-scale opportunity in a tier-one jurisdiction positions us to deliver long-term value. We look forward to welcoming new shareholders to participate in this exciting phase of growth.' About Northisle Copper and Gold Copper and Gold Inc. is a Vancouver-based company whose mission is to become Canada's leading sustainable mineral resource company for the future. Northisle, through its 100% owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of the most promising copper and gold porphyry projects in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometers northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the economic potential of the project, and is now focused on accelerating the advancement of this compelling project while exploring within this highly prospective land package. About OTC Markets Group Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market. Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit Subscribe to the OTC Markets RSS Feed Media Contact:OTC Markets Group Inc., +1 (212) 896-4428, media@
Ottawa Citizen
28-04-2025
- Business
- Ottawa Citizen
Northisle Commences 2025 Drilling and Field Program
Article content Northisle 2025 drill program on its North Island Project commenced on April 17 from road-based pads 789 metres completed as of April 27, 2025 Drilling will focus on the Northwest Corridor which includes the resources informing the higher margin Phase 1 of the Company's 2025 PEA Drilling commenced at the West Goodspeed target area and is intended to further expand the footprint of mineralization which is not currently included in a resource estimate Field work and drilling in the Northwest Expo area will focus on identifying the intrusive associated with high-grade gold mineralization in this segment of the belt Surface mapping, soil and stream sediment sampling, and geophysical analysis are also being conducted in the Northwest Corridor in addition to drilling Integration and modelling of over 60 years of property-wide exploration data is underway to apply the successful Northwest Corridor targeting approach across similar anomalies throughout the property Article content Article content VANCOUVER, British Columbia — Northisle Copper and Gold Inc. (TSX-V: NCX) ('Northisle' or the 'Company') is pleased to announce that it has commenced its 2025 exploration program at the North Island Project. The 2025 exploration program will consist of at least 7,000 metres of drilling focused on the West Goodspeed and Northwest Expo targets, plus an extensive field program which will leverage the Company's exploration data to identify additional targets along its 100% controlled North Island copper-gold porphyry belt. Article content Sam Lee, President & CEO stated 'Since 2021, Northisle has advanced the highly prospective Northwest Corridor with three successful phases of drilling, moving from a discovery hole at Northwest Expo in Phase I, to the discovery of West Goodspeed in Phase II, to defining a high margin resource at Northwest Expo and advancing West Goodspeed drilling in Phase III. We are pleased to have commenced our Phase IV drilling program with a focus on advancing a maiden resource at West Goodspeed and finding the intrusive at Northwest Expo. Northisle is in the envious position of having highly compelling exploration potential and an economically attractive development project, all within the same project footprint.' Article content Dr. Pablo Mejia Herrera, Vice President Exploration of Northisle added, 'In 2025, our exploration team will continue advancing our understanding of this district-scale project. Integration and modelling of more than 60 years of property-wide exploration data is underway to apply the successful Northwest Corridor targeting approach across our 35-kilometre district.' Article content Key Exploration Milestones Article content In 2025, following the completion of the Company's successful 2025 Preliminary Economic Assessment on the North Island Project which demonstrated a 29% IRR, $2 billion NPV and 1.9 year payback for a C$1.1 billion capex 1, the Company's exploration focus will be on Phase IV Northern Corridor drilling program with the objective of increasing higher margin resources, finding the causative intrusion associated with the high-grade gold mineralization at Northwest Expo, and expanding targeting efforts across the 35-kilometre porphyry district. Article content Additional details on development milestones will be shared later in 2025. Article content Key exploration milestones include the following: Article content Article content During 2025, the Company will continue to be active in investor outreach. Northisle will be attending several external investor events including the following events: Article content June 3 – 5, 2025: Mining Investment of the North, Quebec City, QC Summer 2025: Broker and Institutional Site Visits September 9 – 12, 2025: Precious Metals Summit, Beaver Creek, CO September 14 – 17, 2025: Mining Forum Americas, Colorado Springs, CO November 19 – 21, 2025: Swiss Mining Institute, Zurich, Switzerland Article content Figure 1 shows a map of the overall North Island Project including existing deposits and key prospects. Article content Drilling in 2025 will begin with in-fill and step-out holes at the West Goodspeed target, aiming to confirm the distribution of copper and gold mineralization previously outlined over more than one kilometre of strike length, oriented NNW–SSE. The in-fill and step-out drilling will complement the twelve holes previously drilled in the area, from which the most significant are GS24-07 2, which intersected 154.8 metres grading 0.23% Cu and 0.31 g/t Au (0.53% Cu Eq.) from 13.2 metres, and GS24-10 3, which returned 210.0 metres grading 0.23% Cu and 0.29 g/t Au (0.50% Cu Eq.) from 46.0 metres, including a higher-grade interval of 68.0 metres at 0.37% Cu and 0.58 g/t Au (0.86% Cu Eq.) from 110.0 metres. Article content Figure 2 shows drill holes completed by Northisle and previous operators at the Red Dog Deposit, West Goodspeed and Goodspeed areas overlaid on magnetic anomalies and local topography. Article content The 2025 program at West Goodspeed will include approximately 5,600 metres of drilling, comprising at least seven infill holes aimed at confirming higher-grade intercepts in the central portion of the West Goodspeed copper-gold mineralization, and a minimum of three step-out holes to test the extension of the mineralized trend along strike.
National Post
28-04-2025
- Business
- National Post
Northisle Commences 2025 Drilling and Field Program
Article content Article content Northisle 2025 drill program on its North Island Project commenced on April 17 from road-based pads 789 metres completed as of April 27, 2025 Drilling will focus on the Northwest Corridor which includes the resources informing the higher margin Phase 1 of the Company's 2025 PEA Drilling commenced at the West Goodspeed target area and is intended to further expand the footprint of mineralization which is not currently included in a resource estimate Field work and drilling in the Northwest Expo area will focus on identifying the intrusive associated with high-grade gold mineralization in this segment of the belt Surface mapping, soil and stream sediment sampling, and geophysical analysis are also being conducted in the Northwest Corridor in addition to drilling Integration and modelling of over 60 years of property-wide exploration data is underway to apply the successful Northwest Corridor targeting approach across similar anomalies throughout the property Article content Article content VANCOUVER, British Columbia — Northisle Copper and Gold Inc. (TSX-V: NCX) ('Northisle' or the 'Company') is pleased to announce that it has commenced its 2025 exploration program at the North Island Project. The 2025 exploration program will consist of at least 7,000 metres of drilling focused on the West Goodspeed and Northwest Expo targets, plus an extensive field program which will leverage the Company's exploration data to identify additional targets along its 100% controlled North Island copper-gold porphyry belt. Article content Sam Lee, President & CEO stated 'Since 2021, Northisle has advanced the highly prospective Northwest Corridor with three successful phases of drilling, moving from a discovery hole at Northwest Expo in Phase I, to the discovery of West Goodspeed in Phase II, to defining a high margin resource at Northwest Expo and advancing West Goodspeed drilling in Phase III. We are pleased to have commenced our Phase IV drilling program with a focus on advancing a maiden resource at West Goodspeed and finding the intrusive at Northwest Expo. Northisle is in the envious position of having highly compelling exploration potential and an economically attractive development project, all within the same project footprint.' Article content Dr. Pablo Mejia Herrera, Vice President Exploration of Northisle added, 'In 2025, our exploration team will continue advancing our understanding of this district-scale project. Integration and modelling of more than 60 years of property-wide exploration data is underway to apply the successful Northwest Corridor targeting approach across our 35-kilometre district.' Article content Key Exploration Milestones Article content In 2025, following the completion of the Company's successful 2025 Preliminary Economic Assessment on the North Island Project which demonstrated a 29% IRR, $2 billion NPV and 1.9 year payback for a C$1.1 billion capex 1, the Company's exploration focus will be on Phase IV Northern Corridor drilling program with the objective of increasing higher margin resources, finding the causative intrusion associated with the high-grade gold mineralization at Northwest Expo, and expanding targeting efforts across the 35-kilometre porphyry district. Article content Additional details on development milestones will be shared later in 2025. Article content Key exploration milestones include the following: Article content Article content Upcoming Investor Events Article content During 2025, the Company will continue to be active in investor outreach. Northisle will be attending several external investor events including the following events: Article content June 3 – 5, 2025: Mining Investment of the North, Quebec City, QC Summer 2025: Broker and Institutional Site Visits September 9 – 12, 2025: Precious Metals Summit, Beaver Creek, CO September 14 – 17, 2025: Mining Forum Americas, Colorado Springs, CO November 19 – 21, 2025: Swiss Mining Institute, Zurich, Switzerland Article content Figure 1 shows a map of the overall North Island Project including existing deposits and key prospects. Article content Drilling in 2025 will begin with in-fill and step-out holes at the West Goodspeed target, aiming to confirm the distribution of copper and gold mineralization previously outlined over more than one kilometre of strike length, oriented NNW–SSE. The in-fill and step-out drilling will complement the twelve holes previously drilled in the area, from which the most significant are GS24-07 2, which intersected 154.8 metres grading 0.23% Cu and 0.31 g/t Au (0.53% Cu Eq.) from 13.2 metres, and GS24-10 3, which returned 210.0 metres grading 0.23% Cu and 0.29 g/t Au (0.50% Cu Eq.) from 46.0 metres, including a higher-grade interval of 68.0 metres at 0.37% Cu and 0.58 g/t Au (0.86% Cu Eq.) from 110.0 metres. Article content Figure 2 shows drill holes completed by Northisle and previous operators at the Red Dog Deposit, West Goodspeed and Goodspeed areas overlaid on magnetic anomalies and local topography. Article content The 2025 program at West Goodspeed will include approximately 5,600 metres of drilling, comprising at least seven infill holes aimed at confirming higher-grade intercepts in the central portion of the West Goodspeed copper-gold mineralization, and a minimum of three step-out holes to test the extension of the mineralized trend along strike. Article content Figure 3 shows a section through the Red Dog PEA pit shell and West Goodspeed target area. Article content Ongoing soil geochemistry program and geophysical inversions are focused on refining targets potentially associated with the intrusive linked to Northwest Expo. Integration of mapping, soil geochemistry, and geophysical data is expected to refine the drill targets, with drilling anticipated before the end of the third quarter of this year.
Globe and Mail
07-04-2025
- Business
- Globe and Mail
Northisle Appoints Alexander Davidson to Board of Directors
Northisle Copper and Gold Inc. (TSX-V: NCX) ('Northisle' or the 'Company') is pleased to announce the appointment of Alexander (Alex) Davidson to its Board of Directors (the 'Board') effective April 6, 2025. This press release features multimedia. View the full release here: Mr. Davidson stands as a globally acclaimed mining leader who brings more than four decades of mineral exploration and corporate development expertise to the Company. During his time at Barrick Gold Corporation as Executive Vice President of Exploration and Corporate Development, he transformed the company into the top gold producer worldwide through important discoveries and strategic acquisitions. Mr. Davidson's professional career includes leadership and contribution to multiple landmark discoveries such as Lagunas Norte, Pascua-Lama, Pierina, and Veladero along with significant involvement in Barrick's acquisitions of Lac Minerals, Homestake Mining, and Placer Dome. Mr. Davidson received many industry honors for his achievements including the PDAC Prospector of the Year Award, CIM's A.O. Dufresne Award, along with the SME's Charles F. Rand Gold Medal. The Canadian Mining Hall of Fame welcomed him as an inductee in 2023 for his extraordinary contributions to mining worldwide. In addition, Mr. Davidson and his wife are responsible for creating the Alex & Gillian Davidson Family Endowment for Indigenous Students in Canada, which provides support for students pursuing a three-year technical program or four-year university degree program in the Mineral Extraction and Processing Industries ( Mr. Davidson earned and degrees in Economic Geology from McGill University and presently holds board positions at South Pacific Metals Corp. and Capital Limited, and was previously a director of Pan American Silver, Yamana Gold (prior to its sale to Pan American), and Orca Gold (prior to its sale to Perseus Mining). Dale Corman, Chairman of Northisle commented: 'Northisle is thrilled to appoint Alex as a new member of our Board of Directors. Alex is legendary for his leadership in discovering, acquiring, and selling some of the world's largest mineral deposits, which will be invaluable in our pursuit of unlocking our 35 km porphyry district at the North Island Project.' Sam Lee, President and CEO added: 'Alex's knowledge of assets around the world is unmatched and we are honoured to be able to leverage his vast experience and influence. His strong belief in indigenous engagement driving the future success of mining in Canada is entirely congruent with our core values and is represented by the Alex and Gillian Davidson Family Endowment for Indigenous students in Canada.' Mr. Davidson commented: 'After a lifetime in this business, I've learned to pay attention when a project shows scale, grade, and real economic horsepower and Northisle's North Island Project has all three. The recent PEA confirms what the geology already hinted at: a long-life, low-cost copper-gold system with world-class upside. The 35-kilometre district hasn't been tapped yet, and that kind of prospectivity in a Tier 1 jurisdiction is increasingly rare. I'm excited to contribute to the next phase of value creation at Northisle.' Concurrently, the Company has announced a $172,500 private placement (the 'Placement') with Mr. Davidson for the purchase of 250,000 common shares at a price of $0.69 per common share. The closing of the Placement is subject to entering into a customary subscription agreement and the receipt of approval of the TSX Venture Exchange. The shares issued pursuant to the Placement will be subject to a statutory hold period in accordance with applicable Canadian securities laws. In addition, the Board of Directors has approved equity compensation for directors, executives and employees of the company. The equity compensation includes the issuance of 623,000 restricted share units (the 'RSUs') pursuant to the Company's share unit plan (the 'Share Unit Plan') and 1,533,000 options to purchase common shares (the 'Options') pursuant to the Company's stock option plan (the 'Stock Option Plan'). The RSUs will vest one third per year commencing April 4, 2026, while the options will be issued with a strike price of $0.69 and a term of 5 years and will vest one third per year commencing on April 4, 2025. Further terms of the Options and RSUs can be found in the Stock Option Plan and Share Unit Plan as filed on SEDAR+. About Northisle Northisle Copper and Gold Inc. is a Vancouver-based company whose mission is to become Canada's leading sustainable mineral resource company for the future. Northisle, through its 100% owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of the most promising copper and gold porphyry projects in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometers northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the economic potential of the project, and is now focused on accelerating the advancement of this compelling project while exploring within this highly prospective land package. For more information on Northisle please visit the Company's website at On behalf of Northisle Copper and Gold Inc. Cautionary Statements regarding Forward-Looking Information Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as 'may', 'should', 'anticipate', 'expect', 'intend' and similar expressions. Forward-looking statements in this news release include, but are not limited to plans and expectations regarding the 2025 exploration program; plans and expectations regarding future project development; growth potential and future financial or operating performance; timing of key catalysts; planned activities, including further drilling, at the North Island Project; and the Company's plans for advancement of the North Island Project. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, Northisle's ability to implement its business strategies; risks associated with mineral exploration and production; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release represent the expectations of management of Northisle as of the date of this news release, and, accordingly, are subject to change after such date. Northisle does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Associated Press
04-04-2025
- Business
- Associated Press
Northisle Announces Filing of NI43-101 Technical Report for North Island Project
VANCOUVER, British Columbia--(BUSINESS WIRE)--Apr 4, 2025-- Northisle Copper and Gold Inc. (TSX‐V: NCX) ('Northisle' or the 'Company') is pleased to announce that the Company has filed on SEDAR+ a technical report (the 'Report') prepared in accordance with National Instrument 43‐101 – Standards of Disclosure for Mineral Projects ('NI 43‐101') titled 'NI 43-101 Technical Report and Preliminary Economic Assessment' supporting the results of a Preliminary Economic Assessment (the '2025 PEA') on the Company's 100% owned North Island copper-gold project located in the north end of Vancouver Island, British Columbia (the 'North Island Project'). The results of the 2025 PEA were previously reported in the Company's news release dated February 19, 2025 and there are no material differences in the Report from those results. The effective date of the Report is February 12, 2025. 2025 PEA Highlights: The 2025 PEA outlines robust economics, unlocking copper value through gold Base Case: After-tax net present value ('NPV') of $2 billion (US$1.5 billion) at a 7% discount rate, after-tax internal rate of return ('IRR') of 29%, 1.9-year payback period and 29-year life of mine ('LOM') After-tax NPV of $3.8 billion (US$2.6 billion) at 7%, after-tax IRR of 45% and a 1.4-year payback at spot prices Phase 1 average annual production of 200,000 ozs Au and 48mm lbs Cu over 5 years, with 157 million lbs Cu Eq. or approx. 307,000 ozs Au Eq. LOM LOM revenue of 48% copper, 45% Au, and 7% Mo at Base Case prices, and 50% Au, 44% Cu and 6% Mo at spot Phase 1 operating cash flow of $2 billion at Base Case prices supports rapid payback of 1.9 years and fully funds Phase 2 expansion capex Among the lowest cost and capital intensity projects relative to peer group Two-phase approach at single plant site with Phase 1 at 40,000 tonnes per day ('tpd'), doubling to 80,000tpd NPV of $2.0 billion (US$1.5 billion) is 1.7 times initial capital investment of $1.1 billion (US$847 million) at Base Case pricing and 3.3 times initial capex at spot prices Phase 1 cash cost of US$763/oz Au Eq. or US$1.49/lb Cu Eq. sits in first quartile globally i Long-term opportunity spanning 35-kilometer porphyry district 29-year mine plan New discovery at West Goodspeed, located within 1km of Red Dog, not included in current resource $7 million fully funded exploration program focused on expanding higher margin and grade northwest corridor Furthers the Company's sustainable development goals Reduced emissions from Phase 1 operations, increased electrification opportunities Estimated LOM carbon intensity among the lowest in Canada for open pit copper mines ii Key performance indicators are summarized in Table 1 below. Table 1: 2025 Base Case Summary Project Metrics Project Stage Production AISC After- tax Avg. Free Cash Flow After- tax NPV (7%) After- tax IRR GHG Emissions (kg CO 2 /lb . ) Cu (mm lbs) Au (Koz) Cu Eq. (mm lbs) Au Eq. (Koz) Cu by- product (US$/lb) Au by- product (US$/oz) Cu Eq. (US$/lb) Au Eq. (US$/oz) $ mm $ mm % Cu Cu Eq. Phase 1 (first 5 years) average 48 200 151 294 $(3.23) $370 $1.83 $938 357 1,996 28.6 1.17 0.56 Life of mine ('LOM') average 75 137 157 307 $0.47 $93 $2.41 $1,232 199 Note: Cu Eq. based on Base Case metal prices and includes molybdenum and gold. See the Company's February 19, 2025 press release titled 'Northisle 2025 PEA Indicates 29% After-tax IRR and $2 billion NPV for Staged Development of the North Island Project'. The 2025 PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the projections described in the 2025 PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The full Report can be found under the Company's profile on SEDAR+ at or on the Company's website at The Company's previous technical reports are no longer current and should not be relied upon. Qualified Persons and Data Verification Ian Chang, Vice President Project Development of Northisle, and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this news release. Additionally, a team of independent Qualified Persons (as such term is defined under NI 43-101) at Ausenco, and Moose Mountain Technical Service, and SLR are responsible for the 2025 PEA and have reviewed the scientific and technical disclosure, and verified the data in this press release, including: Peter Mehrfert, of Ausenco is an independent Qualified Person responsible for process and recovery methods, infrastructure, market studies, contracts and economic analysis in the 2025 PEA. Ali Hooshiar, of Ausenco is an independent Qualified Person responsible for mine waste storage facilities in the 2025 PEA. Johnathan Cooper, of Ausenco is an independent Qualified Person responsible for water management in the 2025 PEA. Marc Schulte of Moose Mountain Technical Services ('MMTS') is an independent Qualified Person responsible for the open pit design, mine production schedule, waste rock storage facility and mine capital and operating cost estimates in the 2025 PEA. Sue Bird, of MMTS is an independent Qualified Person responsible for development of the Resource Estimate and completed the work related to the geological setting, deposit type, drilling, exploration work, sample preparation and analysis in the 2025 PEA. Stephan Theban, Dipl.-Ing., SME (RM), of SLR Consulting (Canada) Ltd. ('SLR') is an independent Qualified Person responsible for the environmental and permitting studies in the 2025 PEA. Rob Frizzell, of SLR is an independent Qualified Person responsible for the environmental, social and community timeline in the 2025 PEA. For more information on the data verification process, please refer to the full Report. About Northisle Northisle Copper and Gold Inc. is a Vancouver-based company whose mission is to become Canada's leading sustainable mineral resource company for the future. Northisle, through its 100% owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of the most promising copper and gold porphyry projects in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometers northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the economic potential of the project, and is now focused on accelerating the advancement of this compelling project while exploring within this highly prospective land package. For more information on Northisle please visit the Company's website at About Ausenco Ausenco is a global company redefining what's possible. The team is based across 26 offices in 15 countries delivering services worldwide. Combining deep technical expertise with a 30-year track record, Ausenco delivers innovative, value-add consulting studies, project delivery, asset operations and maintenance solutions to the minerals and metals and industrial sectors ( On behalf of Northisle Copper and Gold Inc. Cautionary Statements regarding Forward-Looking Information Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as 'may', 'should', 'anticipate', 'expect', 'intend' and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to the 2024 Resource Estimate; plans and expectations regarding the 2025 exploration program; plans and expectations regarding future project development; growth potential and future financial or operating performance; timing of key catalysts; planned activities, including further drilling, at the North Island Project; anticipated mine life and exploration potential and activities at the North Island Project; timing and movement, if any, from Phase 1 into Phase 2; Northisle's ability to secure the permits and authorizations needed to construct and operate the North Island Project in a timely manner, if at all; plans and timing surrounding current and future baseline studies; ongoing support of the key stakeholders, including Quatsino, the Tlatlasikwala and the Kwakiutl; and the Company's plans for advancement of the North Island Project. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, Northisle's ability to implement its business strategies; risks associated with mineral exploration and production; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release represent the expectations of management of Northisle as of the date of this news release, and, accordingly, are subject to change after such date. Northisle does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. i S&P Capital IQ Pro (2025). 2024 Modeled Cost + Production - Copper. Total Cash Cost includes onsite operating costs (including labour, energy, reagents), TCRC + shipping costs and royalties. ii Source: S&P Capital IQ Pro (2025). Mine Emission. Commodity: Copper. Retrieved from S&P Global Market Intelligence platform. Chief Financial Officer SOURCE: Northisle Copper and Gold Inc. Copyright Business Wire 2025. PUB: 04/04/2025 03:40 PM/DISC: 04/04/2025 03:40 PM
