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Northisle Announces Second Hole at Red Dog Intersects 0.33% Copper and 0.52 gpt Gold Over 146 Metres
VANCOUVER, BC--(Marketwired - September 20, 2016) - Northisle Copper and Gold Inc. (TSX VENTURE: NCX) ("Northisle" or the "Company") is pleased to report result
About this update from Northisle Copper And Gold Inc.
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - September 20, 2016) - Northisle Copper and Gold Inc. (TSX VENTURE: NCX) (\"Northisle\" or the \"Company\") is pleased to report results for the second drill hole (RD 16-02) from the recently completed four-hole diamond drill program on the Red Dog deposit. When taken in conjunction with the initial hole of the program, RD-16-01, the results increase the potential for the Red Dog resource to be included in the Preliminary Economic Assessment (PEA) that is currently underway for the Hushamu deposit. Highlights Hole RD 16-02 intersected 0.33% copper and 0.52 gpt gold over a core length of 146 metres. Jack McClintock, P. Eng, President of Northisle commented: \"We eagerly await the results for the remaining two holes from this season's verification drill program. Being able to include Red Dog as a qualified resource in the Hushamu PEA has the potential to significantly benefit the overall scope and economics of the project.\" Drill Results Hole From (m) To (m) Width (m) Copper (%) Gold (gpt) RD-16-02 8 154 146 0.33 0.52 *RD-16-01 1.5 200 198.5 0.31 0.47 Reported widths are drilled widths. True widths have not been determined.*Previously reported e on September 13th, 2016. Drill-hole RD 16-02, drilled at -71 degrees to the south was collared four metres from and parallel to historical drill hole EC 132A/132 that was drilled by Utah Mines Ltd. in 1982. The historical hole assayed 0.31% copper and 0.51gpt over a similar interval length of 146 metres, statistically identical to results in RD-16-02. There were no geological differences noted between the two holes. Red Dog is located eight kilometres northwest of the Hushamu Deposit within Northisle's 100% owned North Island Project on Vancouver Island, British Columbia. Results for the remaining two verification holes will be released as they become available. Analytical Techniques Analysis of core samples was carried out at BVL Minerals' (formerly ACME Analytical) Vancouver facility. Gold analysis is by fire assay methods with atomic absorption finish. Analysis for copper and other metals is by a four acid digestion with ICP finish. Quality Assurance and Control (QA/QC) included insertion of standards and blanks in to the sample stream and duplicate samples on quartered core. The North Island Copper-Gold Project The...