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Northisle Announces Filing of NI43-101 Technical Report for North Island Project
All figures in C$ unless otherwise noted Northisle Copper and Gold Inc. (TSX‐V...
About this update from Northisle Copper And Gold Inc.
[{"type":"text","content":"Northisle Announces Filing of NI43-101 Technical Report for North Island Project\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth5 { width: 5% }\n.bwwidth8 { width: 8% }\n \n\n\n\n\n All figures in C$ unless otherwise noted\n \n\n\n\n\n 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 –\n \n Standards of Disclosure for Mineral Projects\n \n (“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.\n \n\n\n 2025 PEA Highlights:\n \n\n\n\n\n The 2025 PEA outlines robust economics, unlocking copper value through gold\n \n\n\n 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”)\n \n\n After-tax NPV of $3.8 billion (US$2.6 billion)...