Northisle Copper And Gold Inc. · TSXV:NCX
Northisle Copper And Gold — Investor Presentation (February 2024)
31 slides from Northisle Copper And Gold's investor presentation, February 2024
Slide 1: Canadian Critical Metals For an Electrified Future
Canadian Critical Metals For an Electrified Future CORPORATE OVERVIEW | FEBRUARY 2024 | TSX-V:NCX
Slide 2: Cautionary Disclaimer Regarding Forward-Looking Statements and Information
Cautionary Disclaimer Regarding Forward- Looking Statements and Information Certain of the statements and information in this presentation constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information
Slide 3: NorthIsle: A Billion Dollar Critical Metals Development Project with Exploration Upside for Free
NorthIsle: A Billion Dollar Critical Metals Development Project with Exploration Upside for Free 2.4 4.0 Attractive, Developable, Economic Project Leaders in Consent- Bn lbs Cu Mn oz Au Driven Decisions Indicated Indicated $1.1 50k Innovative Experienced Leadership Fully Funded District Bn NPV (8%)
Slide 4: Value AND Growth Opportunity Across a 50KM District
Value AND Growth Opportunity Across a 50KM District Multiple Opportunities to Win What We Near Term Long Term Have Today Upside Optionality Dip Slope Dip Slope Dip Slope Hushamu + Red Dog Northwest Expo + W. Goodspeed Pemberton Hills Attractive Economic Project Higher Return Opportunities Giant Porp
Slide 5: Experienced, Effective Leadership
Experienced, Effective Leadership ✓ PROVEN TRACK RECORD in finding ✓ OVER 200 YEARS collective mining ✓ SUSTAINABLE APPROACH to mineral and developing world class mines and capital markets experience discovery and project development Sam Lee, CFA President & CEO1, Director Dale Corman, P.Eng Chairma
Slide 6: Northisle Gaining Momentum
Northisle Gaining Momentum Share Price History Relative Performance (LTM) $0.45 8 86.8% $0.40 7 $0.35 6 Volume (millions) Share Price (C$) $0.30 5 $0.25 4 $0.20 3 $0.15 $0.10 2 1 (11.7%) $0.05 (16.5%) (22.7%) - - Feb-23 Apr-23 Jun-23 Aug-23 Oct-23 Dec-23 Feb-24 NorthIsle Peers COPJ GDXJ Capital Stru
Slide 7: North Island – Exceptional Infrastructure
North Island – Exceptional Infrastructure Logging and mining activity has left a legacy of roads, power and ports TSXV: NCX 7
Slide 8: North Island PEA Compares Well to Producing Mines
North Island PEA Compares Well to Producing Mines Significant existing infrastructure and low strip support competitive capital and cost efficiency Capital Intensity (Total Capex per Tonne of Annual CuEq Production)1 Copper Production Cost Curve (AISC, net of by-product) US$/t of Annual Copper Produ
Slide 9: Robust Economics with Significant Upside at Current Metal Prices
Robust Economics with Significant Upside at Current Metal Prices $1,396 Mo 5% $1,059 Au 33% Cu 62% 22.3% 19.0% NPV (C$m, 8%) After-tax Economics IRR Metal Price Scenario Base Case1 Spot Feb 2, 20212 NPV5% C$1,683m C$2,116m NPV8% C$1,059m C$1,396m IRR 19.0% 22.3% Payback 3.9 years 3.5 years AISC (by-
Slide 10: Northwest Expo – High Return Opportunity
Northwest Expo – High Return Opportunity Higher-grade Sweetener to an Already Good Project Red = 2023 Assays Black = 2023 Pending TSXV: NCX Yellow = 2021 or Earlier 10
Slide 11: West Goodspeed – High Return Opportunity
West Goodspeed – High Return Opportunity Brand new discovery in open ground near existing deposits and large magnetic anomaly • West Goodspeed discovered during 2023 by two intercepts (GS23-04 and GS23-05) • Continuous copper mineralization from surface for the length of both drill holes • Mineraliz
Slide 12: Pemberton Hills – Giant Porphyry Potential
Pemberton Hills – Giant Porphyry Potential Fully Permitted with 14 drill-ready targets in massive hydrothermal system Pemberton Hills Schematic Cross-section showing PEMBERTON HILLS ALTERATION SCALE COMPARES WITH MAJOR PORPHYRYS Hypothesized dip and faulting of Lithocap *Not to scale* Area drilled i
Slide 13: BC Is Open For Business for Critical Metals
BC Is Open For Business for Critical Metals Multiple Operating Copper Mines | Developers Increasing Success Rate in Modern EA Process Producing Copper Mine 20 Projects Sanctioned in BC Since Passage Turnagain Producing Gold Mine of Environmental Assessment Act Kutcho Permitted Mine 90% Galore Creek
Slide 14: Northern Vancouver Island is Ready for Growth
Northern Vancouver Island is Ready for Growth Resource-based Economy Combined with Community Support Focus on Extractive Industries 2021 Employment Provincial Average: 4% Resource Sector Other 20% 80% TSXV: NCX Source: Community Information Tool: https://communityinformationtool.gov.bc.ca/ 14
Slide 15: Northern Vancouver Island is Ready for Growth
Northern Vancouver Island is Ready for Growth Resource-based Economy Combined with Community Support TSXV: NCX 15
Slide 16: Northisle is a Leader in Consent-Driven Decisions
Northisle is a Leader in Consent-Driven Decisions Close Collaboration Has Created Positive Permitting Outcomes Dec 2022: Quatsino April 2023: Agreement Tlatlasikwala Agreement Draft Permit Submissions Permits Submitted Northwest Expo Pemberton Permit Provided to First Nations1 to EMLI Permit Receive
Slide 17: Near Term Catalysts: The Time is Now
Near Term Catalysts: The Time is Now Q1 2024: Final 2023 Drill Results Q1 2024: Initial Northwest Expo Zone 1 Resource Q1 2024: Northwest Expo Met Testing Q1 2024: 2023 Geophysics Results Q2 2024: Commence Drilling and Advance Studies Q3 2024: Initial 2024 Drill Results TSXV: NCX 17
Slide 18: Northisle Copper and Gold Inc. contact
COPPER AND GOLD INC. Suite 1200 – 1166 Alberni Street Vancouver, British Columbia V63 3Z3 Investor Inquiries: Nicholas Van Dyk, Chief Financial Officer +1.604.638.2515 info@northisle.ca www.northisle.ca TSXV: NCX 18
Slide 19: Appendix
>> NORTHISLE COPPER AND GOLD INC. APPENDIX TSXV: NCX 19
Slide 20: Summary – 2021 North Island PEA
Summary – 2021 North Island PEA PEA HIGHLIGHTS – BASE CASE 1,2 ✓ Robust economics After-tax C$1.1bn NPV8% (C$1.7bn NPV5%) NPV Pre-tax C$1.5bn NPV8% (C$2.3bn NPV5%) ✓ High leverage to copper and gold After-tax 19.0% IRR IRR Pre-tax 21.7% IRR ✓ Significant production profile Payback 3.9 years ✓ Simple
Slide 21: North Island – Project Benchmarking
North Island – Project Benchmarking Grades compare well with current operating mines in British Columbia METAL VALUE DISTRIBUTION Cu Eq. M&I RESOURCE GRADE FOR CURRENT BC OPERATING MINES1 (based on 2021 PEA) 0.55% 0.48% 0.41% 0.30% 0.28% Gold Molybdenum 0.23% 33% 5% Copper 62% Red Chris Mount Millig
Slide 22: Exploration Focus
Exploration Focus North Island is a camp-scale asset with multiple highly prospective porphyry systems Near-Deposit Targets for New Discoveries Expansion Red Dog Hushamu NW Expo Surface alteration expression of new targets consistent with existing deposits along major structural trend Goodspeed Maci
Slide 23: Island Copper Mineralization
Island Copper Mineralization 1995 Pit Outline and alteration map informs structural understanding Source: Adapted from José Péreilló et al., Economic Geology, 1995 TSXV: NCX 23
Slide 24: Goodspeed – New Discovery Potential
Goodspeed – New Discovery Potential Goodspeed outcrop with CMG and copper mineralization o Recently completed structural and alteration mapping has outlined a large area of silica- clay-pyrite alteration o 500m by 350m core of chlorite-magnetite (CMG) alteration containing stockwork quartz-magnetite
Slide 25: Pemberton Hills – New Discovery Potential
Pemberton Hills – New Discovery Potential Immense Lithocap Dipping Southwest Dip Slope Dip Slope Dip Slope TSXV: NCX 25
Slide 26: Pemberton Hills – New Discovery Potential
Pemberton Hills – New Discovery Potential Block faulting consistent with regional structures SE *Not to scale* Pemberton Hills Schematic Cross-section showing Hypothesized dip and faulting of Area drilled in 2018/2021 Lithocap Area for future drilling TSXV: NCX 26
Slide 27: Pemberton Hills – New Discovery Potential
Pemberton Hills – New Discovery Potential Buried Cu-Au-Mo porphyry target beneath an aerially extensive lithocap 6.5km x 1.5km area of high-level advanced argillic alteration and silica cap typically found above buried porphyry systems Large IP target subject of various exploration programs by S
Slide 28: Northwest Expo – Plan Map of Drilling to Date
Northwest Expo – Plan Map of Drilling to Date Drilling to date has intersected anticipated alteration and mineralized horizons TSXV: NCX 28 Please see press release dated September 11, 2023 for full disclosures
Slide 29: Northwest Expo – Section 569200E
Northwest Expo – Section 569200E Gold-enriched mineralized zone projecting to surface TSXV: NCX 29 Please see press release dated September 11, 2023 for full disclosures
Slide 30: Northwest Expo – Section 569300E
Northwest Expo – Section 569300E Mineralized zone remains open at depth in this area TSXV: NCX 30 Please see press release dated September 11, 2023 for full disclosures
Slide 31: Northwest Expo – Section 569450E
Northwest Expo – Section 569450E Mineralized zone remains open at depth in this area TSXV: NCX 31 Please see press release dated September 27, 2023 for full disclosures
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