Northisle Copper and Gold Inc. announces that it intends to raise up to $120,000, subject to regulatory approvals, by way of a non-brokered flow-through share private placement to consist of up to 1,500,000 flow-through shares at a price of $0.08 per flow-through share. Certain insiders of the Company have agreed to participate, with full particulars of such participation to be included in the news release announcing the [...]
Northisle Copper and Gold Inc. recently held its 2019 Annual General Meeting in Vancouver. All motions passed with a 99% approval rate and included the appointment of Hay and Watson as auditors of Northisle, approval of Northisle’s incentive stock option plan, and the re-election of John McClintock, David Douglas, Larry Yau, Martino di Ciccio, and Dale Corman as Directors. Brandon Macdonald did not stand for [...]
HIGHLIGHTS Figure 1 Northisle and its farm-out party, Freeport-McMoRan Mineral Properties Canada Inc., are launching a second exploration campaign on the Pemberton Hills target The Pemberton Hills target is a 3.5km by 1.5km area of advanced argillic alteration similar to that observed at Northisle’s 100%-owned Hushamu and Red Dog copper-gold deposits In 2018, the exploration first program consisted of approximately [...]
Highlights FIGURE 1 The initial drilling program was completed on the Pemberton Hills target after a farm-out agreement was entered into earlier this year with Freeport-McMoRan Mineral Properties Canada Inc. The Pemberton Hills target is a 3.5km by 1.5km area of advanced argillic alteration similar to that observed at Northisle’s 100%-owned Hushamu and Red Dog copper-gold deposits A total of 3,400m drilled at 6 [...]
Highlights Figure 01 Drilling has commenced on the Pemberton Hills target after a farm-out agreement was formed earlier this year with Freeport-McMoRan Mineral Properties Canada Inc. The Pemberton Hills target is a 3.5km by 1.5km area of advanced argillic alteration similar to that observed at Northisle’s 100%-owned Hushamu and Red Dog copper-gold deposits The presence of anomalous copper intersected at the end of [...]
Highlights Figure 1 Exploration has commenced on the Pemberton Hills target after a farm-out agreement was formed earlier this year with Freeport-McMoRan Mineral Properties Canada Inc. The Pemberton Hills target is a 3.5km by 1.5km area of advanced argillic alteration similar to that observed at Northisle’s 100%-owned Hushamu and Red Dog copper-gold deposits The presence of anomalous copper intersected at the end of [...]
VANCOUVER, British Columbia, May 11, 2018 -- Northisle Copper and Gold Inc. Inc. and Freeport-McMoRan Mineral Properties Canada Inc. have agreed to an initial work plan and budget for Northisle’s wholly-owned Pemberton Hills Property located on Vancouver Island, in British Columbia. The program is being fully-funded by Freeport under a farm-out Option Agreement executed earlier this year and announced by the Company [...]
VANCOUVER, British Columbia, Feb. 27, 2018 -- Northisle Copper and Gold Inc. Inc. has approved the granting of stock options to directors, officers, and consultants for the purchase of 2,400,000 common shares of the Company. The options will vest over a two-year period, with one-third vested on issue, one-third on the first anniversary date and one-third on the second anniversary date. These options have a five-year term [...]
VANCOUVER, British Columbia, Feb. 26, 2018 -- Northisle Copper and Gold Inc. Inc. is pleased to announce that it has signed a joint venture agreement with Freeport-McMoRan Mineral Properties Canada Inc. in relation to Northisle’s Pemberton Hills Property located on Vancouver Island, in British Columbia. Under the terms of the joint venture, Freeport may earn up to a 65 per-cent interest in the Pemberton Hills [...]
VANCOUVER, British Columbia, Feb. 06, 2018 -- Northisle Copper and Gold Inc. is pleased to announce the appointment of Martino De Ciccio to the Board of Directors. Martino De Ciccio is Vice President Strategy and Investor Relations at Endeavour Mining, a position he assumed in 2015. Mr. De Ciccio has built a track-record of significant value creation in both bull and bear markets over the past 11 years in the mining [...]
VANCOUVER, British Columbia, Dec. 06, 2017 -- Northisle Copper and Gold Inc. announces that it has completed its acquisition of a 100% interest in the Red Dog Property. A 3% NSR royalty, of which 2% can be purchased for $2 million, remains on the Red Dog Property. The Red Dog Deposit together with the Hushamu Deposit are part of NorthIsle’s North Island Project. A Preliminary Economic Assessment Report on the [...]
VANCOUVER, British Columbia, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Northisle Copper and Gold Inc. (TSX-V:NCX) (“NorthIsle” or the “Company”) announces that it has filed on SEDAR an independent NI-43-101 Technical Report, Preliminary Economic Assessment (“PEA”) for its 100% owned North Island copper-gold project located in the north end of Vancouver Island of British Columbia, Canada. This [...]
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