Northisle Copper And Gold Inc. · TSXV:NCX
Northisle Copper And Gold — Investor Presentation (February 2018)
22 slides from Northisle Copper And Gold's investor presentation, February 2018
Slide 1: A Copper-Gold Producer in the Making
A Copper-Gold Producer in the Making 100% owned North Island Project on Vancouver Island in British Columbia, Canada February 2018
Slide 2: Northisle Investment Case
Northisle Investment Case Large 33,149 hectare project in British Columbia covering an entire porphyry copper belt Preliminary Economic Evaluation of Hushamu-Red Dog Deposits shows robust economics: CND$ 552 million after tax NPV 8% ; After tax IRR 14.3%; Potential to significantly improve economics
Slide 3: Northisle Company Snapshot
Northisle Company Snapshot Company Overview Capital Structure (November 30, 2017) Head Office Vancouver, Canada Listing TSXV – NCX Project Hushamu located in Port Hardy, Canada Share 114.5 M shares Market Cap. C$ 11.5 M Ownership 100% 7.7 M options, Options & Stage PEA 5.9 M warrants avg price $0.16
Slide 4: Board of Directors
Board of Directors The right mix of exploration, engineering and finance… 40 years experience as a senior corporate officer of publicly listed companies. Dale Corman Extensive expertise in mineral exploration & development, financing, property B.Sc, P.Eng, Chairman evaluation and acquisition. Curren
Slide 5: History of Hushamu
History of Hushamu Northisle has significantly improved the project since 2011 Consensus Investment Community perception in 2011 was Hushamu deposit too small and lacked near surface, high-grade starter pit to be economic Northisle’s work since 2011 has corrected this wrong perception by: Re l
Slide 6: Summary Economics C$ 550.4m
Summary Economics Base Case Robust Economics… C$ 550.4m 14.3% 5.1 Years NPV8% After-tax IRR After-tax Payback After-tax After Tax Base Case Spot Price NPV8% C$ 550.4m C $549.0 IRR 14.3% 14.3% Payback 5.1 years 5.1 years C1 Cash Cost(1) US$ 0.88/lb Cu C1 Cash Cost(1) US$ 542/oz Capital Cost C$ 1,344m
Slide 7: Economics – Base Case
Economics – Base Case A material amount of metal production at a low-cost of production Financial Parameters Production Parameters Capital Cost C$ $1,344 Mine Life Years 22 Sustaining C$ $139 Cu M lb pa 82 Operation Cost per 79 C$M $8.66 Au Koz Tonne After-tax Net Revenue C$M $2,350 Mo M lb pa 3 Aft
Slide 8: Opportunities to Improve Economics
Opportunities to Improve Economics Low-risk value enhancements likely to further improve economics I. Improve gold recoveries through additional flotation metallurgical testing (higher revenue per tonne) II. Demonstrate potential for rhenium credits in the Mo concentrate through metallurgical flotat
Slide 9: Comparable Projects IRR's
Comparable Projects IRR’s Hushamu PEA compares favorable with other regional deposits IRR Cu Au Mo Expected IRR at NCX’s Project Project After- tax US$/lb US$/oz US$/lb compares well with other North American projects due to a Northisle 14.3% $3.10 $1,300 $9.00 number of factors: Seabridge 8% $3.4
Slide 10: Comparable Resources at Operating British Columbian Mines
Comparable Resources at Operating British Columbian Mines Copper Gold Copper equivalent % % % 0.4 0.35 0.6 0.35 0.3 0.5 0.3 0.25 0.4 0.25 0.2 0.2 0.3 Cu Eq% g/t % 0.15 0.15 0.2 0.1 0.1 0.05 0.1 0.05 0 0 0 Copper Mtn. *Hushamu Mt Polley Gibraltar Hucklberry Mt Milligan Copper Mtn. *Hushamu Copper Mtn
Slide 11: Simple and straight forward mining
Simple and straight forward mining Cross Section of Hushamu Power Supply via a new, 30 km long 138 KV overhead line from the existing BC Hydro sub-station near Port Hardy Process water supply from contact water from pit & WSF and potable water from wells Concentrate receiving, storage, and Cro
Slide 12: Conventional floatation
Conventional floatation Hushamu’s flowsheet will be a straight forward floatation Single grinding line consisting of a 40 ft. diameter SAG mill with 23 MW drive, and two – 28 ft. diameter ball mills with 20 MW drives Sub-aqueous co-disposal of mine waste and tailings in a single waste storage fa
Slide 13: Exploration Upside
Exploration Upside It is still early stage in terms of exploration… Expansion of Hushamu Resource − Deposit open for 300m to southeast for major expansion Hushamu − Previously supposed barren zone in poorly drilled southern part Expansion determined by 2017 infill drilling to have long sections of
Slide 14: Hushamu Resource Upside
Hushamu Resource Upside 1. Deposit Expansion to southeast 2. Converting supposed waste to mineralization Previously assumed barren zone, 2017 drilling shows above Cross Section cut-off grade between historical vertical holes Deposit remains open to the SE TSXV: NCX 14 Deposit open to southeast
Slide 15: Potential for New Discoveries
Potential for New Discoveries Deep Red Dog Target TSXV: NCX 15
Slide 16: Freeport - McMoran Earn-in
Freeport - McMoran Earn-in Freeport can earn up to a 65% interest in the Pemberton Hills target area by: • Spending $4 million on exploration over 3 years to earn 49%; • Upon earning its 49% interest, Freeport has a one time option to increase its interest to 65% by spending a further $20 million on
Slide 17: Pemberton Hills Targets
Pemberton Hills Targets High level alteration indicative of underlying copper porphyry deposit Area of high-level 3.5 by 1.5km area porphyry alteration: of high-level Silicification and Advanced Argillic Alteration Open IP Deep hole ends in Silicification Anomaly 0.14% Cu Silicification Untested by
Slide 18: North West Expo Targets
North West Expo Targets 0.12%Cu & 0.09gpt Au / 176m Mineralized drill hole 0.16% Cu & 0.14gpt Au / 61m Non mineralized or abandoned hole Slide Untested IP Zone Anomaly >15mv/v Hole abandoned in Overburden Historical Red Dog Resource (open to NW) 0 Km Scale 2 Km TSXV: NCX 18 Soil and rock sampling in
Slide 19: Deep Red Dog Target
Deep Red Dog Target Current Resource High Level Alteration Indicates Buried Deposit at Depth TSXV: NCX 19 Red Dog Alteration Map
Slide 20: Cautionary Disclaimer Regarding Forward-Looking Statements and Information
Cautionary Disclaimer Regarding Forward-Looking Statements and Information Certain of the statements and information in this press release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information
Slide 21: Combined Hushamu and Red Dog Resource
Combined Hushamu and Red Dog Resource Indicated Resource o Copper: 1.83 Billion lb o Gold: 3.3 Million oz o Molybdenum: 67.3 Million lb TOTAL INDICATED CONTAINED METAL Cut-off (%Cu) Tonnes %Cu ppm Au %Mo ppm Re Copper B lbs Gold M oz Mo M lbs Re Kgx1000 0.15 341,600,000 0.24 0.30 0.008 0.482 1.83 3.
Slide 22: Contact
info@northisle.ca www.northisle.ca T: 604-638-2515 F: 604-669-2926 15th Floor – 1040 West Georgia Street Vancouver, BC V6E 4H1 TSXV: NCX 22
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