Northisle Copper And Gold Inc. · TSXV:NCX
Northisle Copper And Gold — Investor Presentation (November 2020)
27 slides from Northisle Copper And Gold's investor presentation, November 2020
Slide 1: Corporate Presentation
TSX-V: NCX NOVEMBER 2020 Corporate Presentation BUILDING THE LEADING AND SUSTAINABLE MINERAL RESOURCE COMPANY FOR THE FUTURE 1
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 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 3: The Time is NOW for NorthIsle
The Time is NOW for NorthIsle Superior economics with significant exposure to Cu, Au and Mo Robust Mining ‒ LOM copper production of 82mlbpa at C1 cost of US$0.88/lb (net of by-products) for 22 years, subsequent to an initial capital cost of US$1bln Project1 ‒ Inaugural after-tax NPV8% of C$550m a
Slide 4: Corporate Snapshot
Corporate Snapshot CAPITAL STRUCTURE SHAREHOLDER DISTRIBUTION Shares Outstanding 146,419,194 Market Capitalization (C$0.21) C$31 million Insiders 15.6% Options (C$0.05 – C$0.175) 11,085,000 Institutional Retail 75.1% 9.3% Warrants - Fully Diluted 157,504,194 Cash C$3.4 million ANALYST COVERAGE Debt
Slide 5: NorthIsle Overview
NorthIsle Overview • Assets located on northern NORTH ISLAND PROJECT RESOURCE Vancouver Island with IN COPPER EQUIVALENT IN GOLD EQUIVALENT access to pre-existing BHP INDICATED INFERRED INDICATED INFERRED infrastructure in a mining- friendly community • Advancing our flagship North Island Project 3.
Slide 6: Advancing a 50km Porphyry District
Advancing a 50km Porphyry District 1) 100% owner of the PEA-stage North Island Copper-Gold Project 2) Joint Ventured with Freeport on exploration grounds TSXV: NCX 6
Slide 7: Strong Leadership
Strong Leadership Proven Mine Finders, Developers and Financiers Sam Lee President & CEO Advised on +$100 billion of M&A and equity transactions over 20 years Dale Corman Chairman Peñasquito Deposit Discovery through to Feasibility Sold to Glamis Gold for $1.2 billion Kevin O’Kane Director Spence, C
Slide 8: BC: a Safe Jurisdiction
BC: a Safe Jurisdiction Population ✓ Top quartile best mining jurisdiction (F.I.) 15,000 ✓ Numerous mines permitted in last 10 years, most recently Blackwater ✓ 5 copper-gold deposits currently in production Population 750,000 ✓ Northern Vancouver Island is dependent on resource-based industries ✓ L
Slide 9: The World Needs a Lot More Copper
The World Needs a Lot More Copper The time is now… Global Copper Supply / Demand (mt) 30.0 Stronger Demand Copper Production • Post-COVID global stimulus will result in 28.0 large infrastructure projects Pipeline • The push toward electric vehicles and 26.0 renewables is expected to add +6mt of Dema
Slide 10: Few Copper Projects Are Still Controlled by Juniors
Few Copper Projects Are Still Controlled by Juniors North Island Project UKMP • Economical at today’s prices Casino KSM Morrison • Located in BC – a top quartile jurisdiction Pebble Harper Creek • Tremendous access to local infrastructure • Straightforward technical and environmental NORTH ISLAND PR
Slide 11: Summary Economics
Summary Economics Base Case Robust Economics… C$550 million 14.3% 5.1 Years NPV8% After-Tax IRR After-Tax Payback After-Tax Before-tax After-tax NPV8% C$806m NPV8% C$550m IRR 16.2% IRR 14.3% Payback 5.0 years Payback 5.1 years C1 Cash Cost1 US$0.88/lb Cu C1 Cash Cost1 US$542/oz Au Capital Cost C$1,3
Slide 12: Overview of Resources
Overview of Resources Grades compare well with current operating mines in British Columbia METAL VALUE DISTRIBUTION M&I RESOURCE GRADE FOR CURRENT BC OPERATING MINES (based on revenue) 0.49% 0.44% 0.42% 0.40% 0.35% 0.34% Gold Copper 24% 59% Molybdenum 5% Pyrite 13% Mt Polley North Island Copper Mtn.
Slide 13: Near Brownfield Development
Near Brownfield Development Low execution risk – infrastructure in place due to previous BHP operation Good existing infrastructure due to previous BHP operation at Island Copper • A marine load out structure and a 138kV BC Hydro Windmills at Red Dog substation exist at the reclaimed Island Copper P
Slide 14: Catalysts for Value Creation
Catalysts for Value Creation Low-risk value enhancements likely to further improve economics I. Improve gold recoveries through additional flotation metallurgical testing II. Demonstrate potential for rhenium credits in the Mo concentrate through metallurgical flotation testing (rhenium could contri
Slide 15: Exploration Catalysts
Exploration Catalysts 50km porphyry district play, 33,000ha currently underexplored with less than 400 holes drilled... I. Red Dog – Resource Expansion: − Drilling in 2016 and 2017 showed potential for buried porphyry deposit to south of known deposit − 1.2km x 0.8km area of high level porphyry alte
Slide 16: Upside Potential
Upside Potential North Island Project Deposit Deposit expansion to the southeast 2017 drilling shows previously Converting assumed area of waste contains mineralization supposed waste to mineralization TSXV: NCX 16
Slide 17: Prospective District
Prospective District Additional Targets May Add Further Resources Pemberton Hills and NW Expo have indications of stand-alone porphyry deposits NW Expo Red Dog Deposit Pemberton Hills TSXV: NCX 17
Slide 18: Pemberton Hills Venture – Freeport
Pemberton Hills Venture – Freeport High level alteration indicative of underlying copper porphyry deposit • 3.5km x 1.5km area of high-level silicification and advanced argillic alteration Area of high-level • Deep hole ends in 0.14%Cu porphyry alteration: • Large IP target partially tested Open IP
Slide 19: Upside Potential
Upside Potential North West Expo and Red Dog Targets TSXV: NCX 19
Slide 20: Red Dog South Target
Red Dog South Target Red Dog Alteration Map Current Resource High Level Alteration Indicates Buried Deposit at Depth TSXV: NCX 20
Slide 21: NorthIsle Strategy
NorthIsle Strategy Build the leading and sustainable mineral resource company for the future I. Develop stakeholder awareness for NorthIsle and its strategy II. Aggressively accelerate exploration activities through 2021 • Expand the North Island Project deposit • Test Red Dog, NW Expo and Pemberton
Slide 22: APPENDIX
APPENDIX od: NORTHISLE ‘COPPER AND GOLD INC.
Slide 23: Economics – Base Case
Economics – Base Case NorthIsle valuation attractive based on only the North Island Project Financial Parameters Production Parameters Development Capital C$m $1,344 Mine Life Years 22 Sustaining Capital C$m $139 Cu mlbpa 82 Operating Cost C$/t $8.66 Au Koz 79 After-tax Net Revenue C$m $2,350 Mo mlb
Slide 24: Simple and Straightforward Mining
Simple and Straightforward Mining Cross Section of Hushumu Power Supply via a new, 30km long 138kV overhead line from an existing BC Hydro sub-station near Port Hardy Process water supply from contact water, pit and WSF and potable water from wells Concentrate receiving, storage, and Cross Sec
Slide 25: Conventional Flotation
Conventional Flotation North Island Project flowsheet will be a straightforward floatation Single grinding line consisting of a 40ft diameter SAG mill with 23MW drive and two 28ft diameter ball mills with 20MW drives Sub-aqueous co-disposal of mine waste and tailings in a single waste storage fa
Slide 26: Exploration Upside
Exploration Upside 33,000ha currently underexplored with less than 400 holes drilled... Expansion of North Island Project resource North − Deposit open for 300m to the southeast for major expansion − Previously supposed barren zone in poorly drilled southern part Island determined by 2017 infill d
Slide 27: Board of Directors
Board of Directors Dale Corman Chairman Mr. Corman has over 40 years’ experience as a senior corporate officer of publicly listed companies in Canada and the United States, as well as extensive expertise in mineral and geothermal exploration and development, property evaluation and acquisition, proj
NorthIsle Copper and Gold — Investor Presentation (November 2020) on 6ix