Northisle Copper and Gold Inc V.NCX

Alternate Symbol(s): NTCPF

Metals & Mining Industrial Metals & Minerals

Northisle Copper and Gold Inc. is a sustainable mineral resource company. It owns the North Island Project, which is a copper and gold porphyry project in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by the Company stretching 50 kilometers (km) northwest from the now closed Island Copper Mine operated by BHP Billiton. The claim block includes two defined resources at Hushamu and Red Dog, and numerous additional copper and gold porphyry targets. The Hushamu Deposit is a high-level telescoped porphyry copper-gold- molybdenum system containing a significant rhenium content. The Pemberton Hills target is within a 6.5 km long by 1.5 km thick area of high-level, advanced argillic alteration within Mesozoic-age andesitic volcanic rocks in an early-stage exploration zone. The North Island Project includes several relatively untested targets, including Northwest Expo, Goodspeed and Macintosh.

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Northisle Copper and Gold Inc

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Post by phoenix_traderon Dec 20, 2021 10:06am

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Post# 34246546

Josemaria (JOSE) revalues Northisle

Josemaria - 6.7 billion pounds of copper, 7.0 million ounces of gold 150k/d mill + infrastructure costs - Strip ratio .98, Capex $3.4 bill
Northisle - 2.35 billion pounds of copper, 4.0 million ounces of gold 75k/d mill
Capex $1.4 bill, .2 Strip ratio

Feasibility Study Highlights

Unless otherwise indicated, all dollar amounts are stated in US dollars (“$”)

Key Financial Data
Pre-Tax NPV8	$2.37 billion
Pre-Tax IRR	18.4%
After-Tax NPV8	$1.53 billion
After-Tax IRR	15.4%
Undiscounted After-Tax Net Cashflow	$6.36 billion
Initial Capital Expenditures	$3,091 million
Sustaining Capital Expenditure	$940 million
Payback Period	3.8 Years
Total Cash Cost(1) (co-product)	$1.55/lb Cu Eq(2)
Metal Prices	$3.00/lb Cu; $1,500/oz Au; $18.00/oz Ag