Key facts
| Company | NorthIsle Copper and Gold Inc (TSXV: NCX) |
|---|---|
| Commodity | Copper |
| Location | Canada |
| Stage | PEA |
About North Island Project
The Hushamu Deposit is a high-level telescoped porphyry copper-gold- molybdenum system containing a significant rhenium content. It is an advanced-stage deposit with a current NI 43-101 resource.
Mineral resource estimates
3 reported estimates, newest first. Categories are as disclosed by NorthIsle Copper and Gold Inc; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Cu % | Effective |
|---|---|---|---|---|---|
| Measured & indicatedNI 43-101 | 905.9 Mt | 0.24 g/t | 6.94 Moz | 0.16 % | Sep 23, 2024 |
| IndicatedNI 43-101 | 905.9 Mt | 0.24 g/t | 6.94 Moz | 0.16 % | Sep 23, 2024 |
| InferredNI 43-101 | 213.9 Mt | 0.22 g/t | 1.52 Moz | 0.12 % | Sep 23, 2024 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Preliminary economic assessment
Feb 19, 2025- IRR
- 28.6%
- Payback
- 1.9 years
- Initial capex
- US$847M
- Mine life
- 29 years
- Gold price assumed
- US$2,150/oz
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.
News releases12 on file
Northisle Announces Filing of NI 43-101 Technical Report for the North Island Project
A NI 43-101 technical report titled "NI 43-101 Resource Estimate for the North Island Project 2026 Update" has been filed on SEDAR+ for Northisle's 100%-owned North Island copper-gold project on northern Vancouver Island, British Columbia. The report, with an effective date of July 31, 2026, was prepared by Sue Bird, M.Sc., P.Eng., of Moose Mountain Technical Services and Peter Mehrfert, M.Sc., P.
Study resultsNorthisle Announces Selection of the North Island Project for the 2026 Canada Investment Summit Dealbook
The North Island Project in British Columbia has been selected for inclusion in the 2026 Canada Investment Summit Dealbook, which will be distributed to global investors attending the inaugural Canada Investment Summit. The Summit is hosted by Prime Minister Mark Carney in partnership with CPP Investments and PSP Investments, and forms part of the Government of Canada's objective of catalyzing C$1
CorporateNorthisle Announces Significant Increase to North Island Resource Estimate
An integrated mineral resource estimate for the 100%-owned North Island Project near Port Hardy, British Columbia, with an effective date of July 31, 2026, reports Indicated Resources of 1.2 billion tonnes grading 0.14% Cu, 0.22 g/t Au, 79.5 ppm Mo and 0.44 ppm Re, containing 10.1 billion lbs Cu Eq. or 16.2 million oz Au Eq., plus Inferred Resources of 260 million tonnes, at an $11.00/tonne NSR cu
Resource updateNorthisle Announces Drill Results at Red Dog Identify Emerging High-Grade Trend in Eastern Portion of Deposit
Drilling at the Red Dog deposit on the North Island Project near Port Hardy, British Columbia returned 216.0 metres grading 0.67% Cu Eq. from 156.0 metres, including 64.1 metres at 1.10% Cu Eq., in RD26-30, and 163.4 metres at 0.86% Cu Eq. from 165.6 metres in RD26-35, identifying a high-grade trend in the eastern portion extending below the current resource envelope. A total of 8,112 metres in 31
Drill resultsNorthisle Announces Expansion of Executive and Technical Advisory Team
Andrea Zaradic has been appointed Vice President, Project Development, succeeding the retiring Ian Chang, who will remain a strategic advisor through a transition phase; Kate Mueller joins as Vice President, Sustainability; and Dr. John Thompson has been added as Technical Advisor, working with Dr. Pablo Mejia on generative exploration across the 50-km North Island porphyry district in British Col
ManagementNorthisle Announces Infill Drill Results at Northwest Expo Extend Strike and Add New High-Grade Intervals
Infill drilling at the Northwest Expo deposit, part of the North Island Project near Port Hardy, British Columbia, returned 117.0 metres at 1.50 g/t Au Eq. from 231.0 metres in NW25-57, including 52.5 metres at 1.91 g/t Au Eq.; NW25-54 returned 75.0 metres at 1.37 g/t Au Eq. from 246.0 metres and NW25-53 returned 107.7 metres at 1.20 g/t Au Eq. from 254.0 metres. Mineralization now extends over ro
Drill resultsNorthisle Announces Closing of $115 million Financing
A brokered offering and non-brokered private placement with Wheaton Precious Metals Corp. closed for aggregate gross proceeds of $115,003,300, comprising 37,706,000 common shares at $3.05 per share. The brokered portion included 35,016,700 shares sold by prospectus supplement for $106,800,935 and 1,050,000 shares privately placed for $3,202,500, while Wheaton's non-brokered tranche of 1,639,300 sh
FinancingNorthisle Provides Corporate and Exploration Update and 2026 Execution Plan
A 2025 drill program of 20,297 metres across 58 holes was completed at the 100%-owned North Island Project near Port Hardy, British Columbia, including 9,867 metres at Northwest Expo, 1,761 metres at Red Dog and 6,653 metres at West Goodspeed, where mineralization extends over 1.2 kilometres of strike. At the Cougar target, 1,275 metres of drilling returned 42.0 metres grading 0.31% Cu Eq. in NW25
CorporateNorthisle Announces Continued Growth of West Goodspeed Target to over 1.2km Strike with Additional High-Grade Intervals
Drilling at the West Goodspeed target on the North Island Project near Port Hardy, British Columbia returned 93.0 metres grading 0.77% Cu Eq. from 264.0 metres in RD25-07, including 39.0 metres at 1.16% Cu Eq., and 38.0 metres grading 0.72% Cu Eq. from 104.0 metres in RD25-04, including 18.0 metres at 1.13% Cu Eq. Mineralization is now defined over 1.2 kilometres of strike and about 280 metres ver
Drill resultsNorthisle Provides Update on Largest Ever Field Program at North Island
The 2025 drilling program at the North Island Project near Port Hardy, British Columbia has been expanded from 7,000 metres to over 27,000 metres, with 11,915 metres across 35 holes completed as of September 30, 2025, including roughly 8,000 metres of exploration drilling and up to 15,000 metres of infill, geotechnical and condemnation drilling remaining. Up to four drill rigs are targeted by year
Drill results