Northisle Copper And Gold Inc. · TSXV:NCX
Northisle Copper And Gold — Investor Presentation (September 2024)
28 slides from Northisle Copper And Gold's investor presentation, September 2024
Slide 1: Canadian Critical Metals For an Electrified Future
Canadian Critical Metals For an Electrified Future CORPORATE OVERVIEW | SEPT 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 2.5 4.9 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, B.Sc, Chairma
Slide 6: Northisle Gaining Momentum
Northisle Gaining Momentum Share Price History Relative Performance (LTM) $0.70 1.8 200.0% $0.60 1.6 1.4 Volume (millions) $0.50 Share Price (C$) 1.2 $0.40 1.0 $0.30 0.8 0.6 27.3% $0.20 0.4 13.1% $0.10 0.2 (3.3%) - - NorthIsle Peers COPJ GDXJ Aug-23 Oct-23 Dec-23 Feb-24 Apr-24 Jun-24 Aug-24 Capital
Slide 7: North Island – Exceptional Infrastructure
North Island – Exceptional Infrastructure Logging and mining activity has left a legacy of roads, power and ports Northwest Expo Deposit West Goodspeed target TSXV: NCX 7
Slide 8: North Island 2021 PEA Compares Well to Producing Mines
North Island 2021 PEA Compares Well to Producing Mines Significant existing infrastructure and low strip support competitive capital and cost efficiency Capital Intensity (Total Capex per Tonne of Annual CuEq Production)1 Copper Production Cost Curve (AISC, net of by-product) US$/t of Annual Copper
Slide 9: Robust Economics with Significant Upside at Higher Metal Prices
Robust Economics with Significant Upside at Higher 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$1,396m IRR 19.0% 22.3% Payback 3.9 years 3.5 years AISC (by-p
Slide 10: Northwest Expo – High Return Opportunity
Northwest Expo – High Return Opportunity Higher-grade Sweetener to an Already Good Project AuEq In Situ Tonnage and Grade AuEq Au Metal Cu Metal S/R Cutoff Tonnage AuEq Au Cu NSR Metal Class Waste / (gpt) (ktonnes) (gpt) (gpt) (%) (C$/t) (kOz) (kOz) (k lbs) Mineral Indicated 40,310 0.799 0.672 0.113
Slide 11: Strong Metallurgical Results Support Development Options
Strong Metallurgical Results Support Development Options Potential leach circuit supports strong recoveries from Northwest Expo 90% gold recoveries from preliminary metallurgical testing at Northwest Expo using conventional floatation followed by cyanide leaching of the floatation tails Attracti
Slide 12: 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) • 2024 drilling has demonstrated an 800m strike, 300m dip and 50-150m width of copper minerali
Slide 13: Pemberton Hills – Giant Porphyry Potential
Pemberton Hills – Giant Porphyry Potential 2023 Drilling Confirmed Thesis and Enhanced Understanding of 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 in Lengt
Slide 14: 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 15: 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/ 15
Slide 16: Northern Vancouver Island is Ready for Growth
Northern Vancouver Island is Ready for Growth Resource-based Economy Combined with Community Support TSXV: NCX 16
Slide 17: 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 18: Near Term Catalysts: The Time is Now
Near Term Catalysts: The Time is Now Q3 2024: Discovery of Mineralized Zone at West Goodspeed Q3 2024: Additional assay results from West Goodspeed Q3 2024: 2024 Drilling at Northwest Expo Q3 2024: Global Resource Update at North Island Q4 2024: North Island Project 2024 PEA H2 2024: Potential Phase
Slide 19: 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 19
Slide 20: Appendix
—_. NORTHISLE COPPER AND GOLD INC. APPENDIX
Slide 21: 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 22: 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 0.61% (based on 2021 PEA) 0.58% 0.48% 0.43% 0.39% 0.33% 0.31% Gold Molybdenum 0.26% 33% 5% Copper 62% North Isla
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: Pemberton Hills – New Discovery Potential
Pemberton Hills – New Discovery Potential Immense Lithocap Dipping Southwest Dip Slope Dip Slope Dip Slope TSXV: NCX 24
Slide 25: 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 25
Slide 26: 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 27: West Goodspeed – New Discovery Potential
West Goodspeed – New Discovery Potential Aerial View Looking East to West Goodspeed • West Goodspeed discovered during 2023 by two intercepts (GS23-04 and GS23-05) • 2024 drilling has demonstrated an 800m strike, 300m dip and 50-150m width of copper mineralization and porphyry- related alteration •
Slide 28: West Goodspeed – Selected Core Samples
West Goodspeed – Selected Core Samples Brand new discovery in open ground near existing deposits and large magnetic anomaly Figure 5: GS24-10 HQ Core Figure 4: GS24-10 HQ Core 79.3 84.65m to 84.80m grading to 79.4m grading 0.496g/t Au 0.234g/t Au and 0.27% Cu and 0.42% Cu Figure 6: GS24-09 HQ Core 2
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