Northisle Copper And Gold Inc. · TSXV:NCX
Northisle Copper And Gold — Investor Presentation (November 2023)
29 slides from Northisle Copper And Gold's investor presentation, November 2023
Slide 1: Critical Metals For an Electrified Future
Critical Metals For an Electrified Future CORPORATE OVERVIEW | NOVEMBER 2023 | 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 $1.1 50k Innovative Experienced Leadership Fully Funded District Bn NPV (8%)
Slide 4: Dramatically Increase Strategic Attractiveness of 50km District
Dramatically Increase Strategic Attractiveness of 50km District Developable Copper-Gold Project with Massive Upside What We Near Term Long Term Have Today Upside Optionality Dip Slope Dip Slope Dip Slope Hushamu + Red Dog Northwest Expo Pemberton Hills Attractive Economic Project Higher Return Oppor
Slide 5: North Island – Exceptional Infrastructure
North Island – Exceptional Infrastructure Logging and mining activity has left a legacy of roads, power and ports TSXV: NCX 5
Slide 6: North Island PEA Compares Well to Producing Mines
North Island PEA Compares Well to Producing Mines Significant existing infrastructure and low strip support competitive capital and cost efficiency Capital Intensity (Total Capex per Tonne of Annual CuEq Production)1 Copper Production Cost Curve (AISC, net of by-product) US$/t of Annual Copper Produ
Slide 7: 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 8: 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 8
Slide 9: 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 10: 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 Producing Gold Mine of Environmental Assessment Act Permitted Gold Mine 90% Red Chris 80% Brucejack 7
Slide 11: 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/ 11
Slide 12: Northern Vancouver Island is Ready for Growth
Northern Vancouver Island is Ready for Growth Resource-based Economy Combined with Community Support TSXV: NCX 12
Slide 13: 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 14: 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 15: Capital Markets Profile
Capital Markets Profile Share Price History $0.30 8 7 $0.25 6 Volume (millions) Share Price (C$) $0.20 5 $0.15 4 3 $0.10 2 $0.05 1 - - Nov-22 Jan-23 Mar-23 May-23 Jul-23 Sep-23 Nov-23 Capital Structure Ownership Analyst Coverage Shares Outstanding 212.9 million 13% Michael Gray Market Capitalization
Slide 16: Immense Value Opportunity
Immense Value Opportunity Scarcity of Developable Copper Projects Controlled by Juniors Enterprise Value/M+I Resource (US$/t CuEq) Enterprise Value / M+I Resources & M+I Resource M+I Resources (Mt CuEq) 20.7 11.2 42.8 42.8 $430 5.2 4.1 3.8 $263 $218 3.0 3.0 2.7 0.7 2.1 $95 1.1 1.0 1.1 $34 0.8 $28 0.
Slide 17: Near Term Catalysts – The Time is Now
Near Term Catalysts – The Time is Now Activity Q3 2023 Q4 2023 Q1 2024 Q2 2024 Northwest Expo Drill Results NW Expo Zone 1 Preliminary Resource Northwest Expo Metallurgical Testing Pemberton Hills Drill Results Goodspeed Drill Results Additional Geophysics 2024 Field Program Commencement TSXV: NCX 1
Slide 18: 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: 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 20: 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 21: 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 21
Slide 22: 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 23: Pemberton Hills – New Discovery Potential
Pemberton Hills – New Discovery Potential Immense Lithocap Dipping Southwest Dip Slope Dip Slope Dip Slope TSXV: NCX 23
Slide 24: 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 24
Slide 25: 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 26: 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 26 Please see press release dated September 11, 2023 for full disclosures
Slide 27: Northwest Expo – Section 569200E
Northwest Expo – Section 569200E Gold-enriched mineralized zone projecting to surface TSXV: NCX 27 Please see press release dated September 11, 2023 for full disclosures
Slide 28: Northwest Expo – Section 569300E
Northwest Expo – Section 569300E Mineralized zone remains open at depth in this area TSXV: NCX 28 Please see press release dated September 11, 2023 for full disclosures
Slide 29: Northwest Expo – Section 569450E
Northwest Expo – Section 569450E Mineralized zone remains open at depth in this area TSXV: NCX 29 Please see press release dated September 27, 2023 for full disclosures
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