Northisle Copper And Gold Inc. · TSXV:NCX
Northisle Copper And Gold — Investor Presentation (September 2017)
23 slides from Northisle Copper And Gold's investor presentation, September 2017
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 September 2017
Slide 2: Northisle Company Snapshot
Northisle Company Snapshot Company Overview Capital Structure Head Office Vancouver, Canada Listing TSXV – NCX Project Hushamu located in Port Hardy, Canada Share 114.5M shares Market Cap. C$ 15.1M Ownership 100% 7.7M options, Options & Stage PEA 6M warrants avg price $0.16 Warrants M&I: 2.1 B lbs C
Slide 3: Northisle Investment Case
Northisle Investment Case Northisle is just beginning a long journey of value creation… Superior economics with significant exposure to Cu, Au and Mo Robust Mining ‒ LOM copper production of 82mlbpa at C1 cost of US$ 0.88/lb (net of by-products) for 22 years, subsequent to a initial capital cost o
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
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 $2,350 Mo M lb pa 3 Aft
Slide 8: Catalyst for Value Creation
Catalyst for Value Creation Low-risk value enhancements likely to further improve economics I. Improve gold recoveries through additional flotation metallurgical testing (higher revenue per tonne) II. Demonstrate potential for rhenium credits in the Mo concentrate through metallurgical flotation tes
Slide 9: Catalyst for Value Creation
Catalyst for Value Creation Game changer – 50km porphyry district play and just beginning… I. Red Dog – Resource Expansion: − drilling in 2016 and 2017 shows potential for buried porphyry deposit to south of known deposit − 1.2km x 0.8 km area of high level porphyry alteration − Shallow drill holes
Slide 10: Comparable Projects IRR's
Comparable Projects IRR’s Hushamu PEA compares favorable with other regional deposits IRR Cu Au Mo Expected IRR at NCX’s Project Project After- tax US$/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 11: 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 Mt Polley Copper Mtn. Gibraltar *Hushamu Hucklberry Mt Milligan Gibraltar Mt Polley Copper Mtn.
Slide 12: 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 13: 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 14: 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 15: 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 15 Deposit open to southeast
Slide 16: Additional Targets May Add Further Resources
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 16
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: Red Dog South Target
Red Dog South 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: Hushamu Resource
Hushamu Resource Indicated Resource o Copper: 1.91 Billion lb o Gold: 3.0 Million oz o Molybdenum: 66.6 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 0.1 576,120,000 0.19 0.23 0.008 0.41 2.46 3.9 101.0 236.2 0.15 369,
Slide 22: Red Dog Deposit
Red Dog Deposit 50% better grade than Hushamu 10km by road from Hushamu Source of early stage feed for potential mining operation at Hushamu RESOURCE GRADE CONTAINED METAL Copper Gold Category Tonnes %Cu ppm Au %Mo B lb M oz Indicated 23,633,000 0.32 0.46 0.007 0.17 0.35 Inferred 848,000 0.23 0.33 .
Slide 23: 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 23
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