Northisle Copper And Gold Inc. · TSXV:NCX
Northisle Copper And Gold — Investor Presentation (October 2024)
29 slides from Northisle Copper And Gold's investor presentation, October 2024
Slide 1: Canada's Leading Critical and Precious Metal Opportunity
Canada’s Leading Critical and Precious Metal Opportunity CORPORATE OVERVIEW | OCT 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: Largest Canadian Copper-Gold Porphyry Project Not Owned by a Major
NorthIsle: Largest Canadian Copper-Gold Porphyry Project Not Owned by a Major 6.9 3.1 Attractive, Developable Project Leaders in Consent- Mn oz Au Bn lbs Cu Driven Decisions Indicated Indicated 1.5 0.6 Innovative Experienced Leadership Fully Funded District Mn oz Au Bn lbs Cu Scale Exploration Infer
Slide 4: 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 4
Slide 5: 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 North Island Project West Goodspeed and NW Expo Pemberton Hills • Hushamu, Red Dog, NW Expo High Return Opportunities Giant Porphy
Slide 6: Exploration and Development Strategy
Exploration and Development Strategy Maximizing Value Through Strong Exploration 75k tpd • Strong cash flow 2021 Single Phase: • Moderate capital Cu/Mo concentrate • PEA Red Dog + Hushamu production with Au Attractive Gold credit • Premium Conc. kicker Gold-focused Starter with Leach Circuit • Maxim
Slide 7: 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 8: Northisle Gaining Momentum
Northisle Gaining Momentum Share Price History Relative Performance – Jan 2023 to Present (1) $0.70 1.8 190.6% $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 $0.20 0.4 1.0% $0.10 0.2 (11.7%) (9.3%) - - Oct-23 Dec-23 Feb-24 Apr-24 Jun-24 Aug-24 Oct-24 NorthIsle Pee
Slide 9: North Island – Integrated Resource Update
North Island – Integrated Resource Update Significant Increase in Indicated Resource Contained Metal Supports Upcoming PEA Update Tonnes (mm) Cu (mm lbs) Au (000 ozs) Mo (mm lbs) Re (000 lbs) Significant increase in Indicated tonnage and Current 0.16% 0.24g/t 75ppm 0.42ppm contained metal over Add
Slide 10: North Island Project Resource Estimate
North Island Project Resource Estimate $11.50 NSR Cut-off Selected to Cover Phase II Processing and G&A Costs Grade Contained Metal NSR Overall strip ratio 0.70:1 Tonnes Cu Au Mo Re Cu Eq. Cu Au Mo Re Cu Eq. $11.50/tonne NSR cut-off 000s % g/t ppm ppm % mm lbs 000s oz mm lbs 000 lbs mm lbs $/T 6
Slide 11: Hushamu – Critical Mass with Generational Potential
Hushamu – Critical Mass with Generational Potential 5 billion lbs Cu Eq. provides potential for a significant mine NSR In Situ Tonnage and Grade Contained Metal Cutoff Cu Strip Class Tonnage Cu Au Mo Re Cu Eq. NSR Cu Au Mo Re Eq. ($/T) Ratio (mm (000 (mm (000 (000 (000 T) (%) (gpt) (ppm) (ppm) (%) (
Slide 12: Northwest Expo – High Return Opportunity
Northwest Expo – High Return Opportunity Higher-grade Sweetener to an Already Good Project NSR Cutoff In Situ Tonnage and Grade Contained Metal Strip Class Tonnage Cu Au Cu Eq. Au Eq. NSR Cu Au Cu Eq. Au Eq. ($/T) (mm (000 (mm (000 Ratio (000 T) (%) (gpt) (%) (gpt) ($/t) lbs) ozs) lbs) ozs) Indicate
Slide 13: Red Dog – High Return Opportunity
Red Dog – High Return Opportunity Low strip ratio with higher grade zone accessible near surface In Situ Tonnage and Grade Contained Metal NSR Cutoff Strip Class Tonnage Cu Au Cu Eq. NSR Cu Au Cu Eq. Ratio ($/T) (000 T) (%) (gpt) (%) ($/t) (mm lbs) (000 ozs) (mm lbs) Indicated 85,069 0.18 0.25 0.35
Slide 14: North Island Project Resource Estimate
North Island Project Resource Estimate Preliminary Design Basis Reflects Staged Development Approach Assumption Units Quantity Metallurgical testing program completed by Copper Price US$/lb $4.00 Gold Price US$/oz $1,910 Ausenco supports leaching to improve gold Molybdenum Price US$/lb $21.00 reco
Slide 15: 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 16: 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 17: 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
Slide 18: 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 19: 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 20: 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/ 20
Slide 21: Northern Vancouver Island is Ready for Growth
Northern Vancouver Island is Ready for Growth Resource-based Economy Combined with Community Support TSXV: NCX 21
Slide 22: 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 23: Near Term Catalysts: The Time is Now
Near Term Catalysts: The Time is Now Q3 2024: Discovery of Mineralized Zone at West Goodspeed Q4 2024: Additional assay results from West Goodspeed Q4 2024: 2024 Assay results at Northwest Expo Q4 2024: Global Resource Update at North Island Q1 2025: North Island Project 2024 PEA 2025: Continued exp
Slide 24: 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 24
Slide 25: Appendix
—_. NORTHISLE COPPER AND GOLD INC. APPENDIX
Slide 26: 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 26
Slide 27: Pemberton Hills – New Discovery Potential
Pemberton Hills – New Discovery Potential Immense Lithocap Dipping Southwest Dip Slope Dip Slope Dip Slope TSXV: NCX 27
Slide 28: 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 28
Slide 29: 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
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