Northisle Copper and Gold

Financials:

Primary ticker: TSXV:NCX
Stage of development: Exploration, Development
Primary minerals: Copper & Gold
Project to promote: North Island Project
Project location: Canada
Website: www.northisle.ca

Corporate presentation: Click here

Corporate video: Click here

Based in Vancouver, BC, NorthIsle Copper and Gold currently owns one of the most promising copper gold porphyry deposits in Canada. Located on northern Vancouver Island, the North Island Project’s access to pre-existing infrastructure in a mining-friendly community makes it one of the most attractive copper development stories in Canada.

Northisle recently completed an updated PEA for its 100% owned North Island Project and is advancing towards a pre-feasibility study alongside an aggressive exploration program.

 

Cash: CAD$7.4M
Debt: NIL


Major shareholders:
Michael Gentile – 8% 
High Net Worth individuals – 49%
Institutional investors – 9%
Retail investors – 26%
Management Ownership – 17%

Management Profile

Sam Lee – President & CEO
Mr. Lee was appointed to the role of President & CEO of Northisle in October 2020. Over the past 20 years Mr. Lee has advised on some of the most prominent M&A, equity, and debt transactions in the international and Canadian global mining industry totalling over $100 billion in value. During this period, he has worked in major resource markets including Toronto, Sydney, and Vancouver where he led various strategic initiatives for CIBC World Markets. Most recently he was Managing Director and head of CIBC’s Vancouver Mining Group. Mr. Lee holds a Bachelor of Applied Science, Faculty of Engineering, from the University of Toronto, was a graduate of the Lassonde Mineral Engineering program, and is a CFA charter holder.

What is your rationale for taking part 121 Mining Investment?

Market awareness of a rapid and sustainable development of a top copper-gold project in Canada.

What recent news would you like to highlight to investors attending?

Jan 23, 2023 – Positive Results of Surface Exploration Program
Jan 16, 2023 – A Year in Review
Dec 7, 2022 – NorthIsle and Quatsino First Nations sign inaugural agreement supporting key project activities

NORTHISLE ANNOUNCES $1.9 MILLION STRATEGIC INVESTMENT BY MICHAEL GENTILE, CFA AND PIERRE BEAUDOIN

What are your key goals in 3 months, 6 months, 12 months?

3, 6 & 12 Months:
NW Expo Target: area drilling
NW Expo: gold-enriched zone 1 resource
NW Expo & Hushamu Deposit: metallurgical testing
Pemberton Hill Target: exploration
NW Expo & Pemberton Hills – target definition
Continued First Nations Relationship Developments

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

As with all exploration and development stage companies, the primary risks relate to gaining project support and achieving financing for the next milestone. Northisle is taking a proactive approach to building consensus around its project development by achieving agreements with local first nations as well as building provincial and federal government support through advocacy for the project and the industry. On the financing side, Northisle is considering a wide range of options to advance the project, including equity, royalties, JVs and other structures. The management team is keenly focused on achieving the best cost of capital available while also moving the project forward.

What do you think makes your company such a compelling investment?

We own the most developable copper porphyry project held in a junior:
– Existing infrastructure
– Compelling project economics
– Geological upside with a well developed thesis
– Leading edge of indigenous engagement and ESG
– Lots of catalysts coming in 2023

What are the top 3 key investor takeaways?

(1) Multiple catalysts including Northwest Expo resource in a gold enriched zone, drill results through the year and continued progress on partnership
(2) The most developable copper porphyry project held in a junior
(3)Management and Board focused on responsible stewardship and lowest available cost of capital