North Isle Copper and Gold Inc. owns the large 38,238 hectare North Island Project in British Columbia which covers an entire porphyry copper belt. The project contains two known deposits - Hushamu and Red Dog - as well as multiple additional exploration targets. Hushamu has an indicated resource of 1.4 billion pounds of copper and Red Dog has an indicated resource of 23 million tonnes grading 0.32% copper and 0.46 g/t gold. North Isle plans to complete a preliminary economic assessment to evaluate developing a mining operation at the project.
1. A Copper-Gold Producer
in the Making
100% owned North Island Project on
Vancouver Island in British Columbia, Canada
December 2016
2. TSXV: NCX 2
Investment Highlights
Large 38,238 hectare project in British Columbia covering an entire porphyry copper belt
Defined Hushamu Porphyry Copper - Gold Deposit with molybdenum – Rhenium credits:
Indicated 1.4 B lbs Cu, 2.8 M oz Au and 65.7 M lbs Mo at .45% Cu Eq;
Inferred 0.8 B lbs Cu, 1.7 M oz Au and 34.9 M lbs Mo at .39% Cu Eq;
Resource open to SE for 300 metres NW of current resource.
Defined Red Dog Porphyry Copper-Gold Deposit:
Indicated 23 million tonnes grading 0.32% Cu and 0.46 gpt Au;
Inferred 0.8 million tonnes grading 0.23% Cu and 0.33 gpt Au;
Multiple additional under explored occurrences including Pemberton Hills and NW Expo;
Excellent infrastructure
Adjacent to BHP’s Past Producing Island Copper Mine;
BC power grid and Deep Sea Loading Facility;
Road Access;
Resource community that understands mining.
3. TSXV: NCX 3
Financial Overview
As of November 29, 2016
Shares Outstanding 104.9 million
Options Outstanding 5.3 million
Warrants Outstanding –
2,500,00 @ $0.05
2.5 million
Cash CDN $600K
4. TSXV: NCX 4
Board of Directors
Dale Corman
B.Sc, P.Eng, Chairman
40 years experience as a senior corporate officer of publicly listed companies.
Extensive expertise in mineral exploration & development, financing, property
evaluation and acquisition. Currently Chairman and CEO Western Copper Corp.
Jack McClintock
MBA, P.Eng Director,
President and CEO
30 years experience in all facets of the mineral exploration business and
formerly Exploration Manager for BHP Billiton.
David Douglas
CA, Director and CFO
Chartered Accountant with over 30 years of experience in the accounting,
corporate finance, and mining industries. He has participated in the sale or
financing of over 30 private and public enterprises with a combined value
of over $300 million.
Brandon Macdonald B.Sc.,
MBA
Brandon completed his MBA at Oxford University in 2007 where he graduated with
Distinction. Also holds a BSc in Geology from UBC. Is a principal with Jing Capital
Corp., a firm specializing in marketing Western Companies in Asia. Previously
worked in investment banking with Macquarie - London Office.
Larry Yau
Larry has 20 years of financial and business experience, gained primarily in the
mining and resources sectors. Most recently, Larry was Chief Financial Officer for
two junior mining companies where he was heavily involved in raising capital and
the successful construction of mines in North America. Previously, Larry was
Manager, Corporate Development, at Placer Dome Inc. until its acquisition by
Barrick Gold Corp. and participated in several high-profile, international
acquisitions. He is a Canadian Chartered Accountant.
5. TSXV: NCX 5
Red Dog
Pemberton Hills
NCX Controls an entire Porphyry district
Two Known deposits and numerous additional porphyry targets
6. TSXV: NCX 6
Hushamu Mineral Resource
Indicated Resource:
Copper: 1.4 Billion lb
Gold: 2.8 Million oz
Molybdenum: 65.7 Million lb
Resource Grade Contained Metal
Tonnes
(x1000)
Copper
%
Gold
g/t
Mo
%
Re
ppm
Cu Eq
%
Copper
B lb
Gold
M oz
Mo
M lb
Re
Kg x
1000
Indicated
304,000
0.21 0.29 .010 0.55 0.45 1.4 2.8 65.7 167.4
Inferred 205,600 0.18 0.26 .008 0.38 0.39 0.8 1.7 34.9 78.1
** Copper equivalent calculated using US$2.50/lb Cu, US$1100/oz Au and US$14.00/lb Mo and is not adjusted for mining and metallurgical recoveries
as these remain uncertain.
Copper cutoff at 0.3% CuEq
Rhenium values have not been used in the cutoff grade or Cu Equivalent calculations
7. TSXV: NCX 7
Comparable Resources at
Operating British Columbian Mines
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
0.4
%
Copper
%
0
0.05
0.1
0.15
0.2
0.25
0.3
0.35
g/t
Gold
%
0
0.1
0.2
0.3
0.4
0.5
0.6
MtPolley
Hucklberry
CopperMtn.
MtMilligan
Gibraltar
*Hushamu
CuEq%
Copper
%
Comparable Operating Mines
Hushamu Deposit
Grades compare well with current operating mines in BC
(Based on Cu Eq at $2.50, $1,100 Au, $14 Mo)
8. TSXV: NCX 8
Deposit open to southeast
Hushamu Resource Upside
Holes drilled
down low-grade
vertical dykes
9. TSXV: NCX 9
Cross Section Hushamu Deposit
Life of mine strip ration 1.76 to 1
0.56%, 0.05
192m
Cu eq%, Re gpt
interval metres
QFPP intrusive
Copper equivalent based on US$ 2.50/lb copper, $1100 opt gold, $14/lb molybdenum, no value given for rhenium
10. TSXV: NCX 10
NW Expo
Pemberton Hills
Red Dog
Deposit
Additional Targets May Add Further Resources
11. TSXV: NCX 11
Red Dog Deposit
Category Tonnes %Cu ppm Au %Mo
Indicated 23,633,000 0.32 0.46 0.007
Inferred 848,000 0.23 0.33 .003
50% better grade than Hushamu
10km by road from Hushamu
Source of early stage feed for potential mining operation at Hushamu
12. TSXV: NCX 12
Red Dog Deposit
Current
Resource
High Level Alteration
Indicates Buried
Deposit at Depth
Red Dog Alteration Map
13. TSXV: NCX 13
Red Dog Deposit Cross Section
Option to earn 100% interest subject to 3% NSR (2% can be purchased for $1M per 1%)
0 200m
Low strip ratio
14. TSXV: NCX 14
North West Expo Targets
Soil and rock sampling indicates Red Dog zone continues to IP anomaly
Historical Red
Dog Resource
(open to NW)
Hole
abandoned in
Overburden
Untested IP
Anomaly >15mv/v
0.12%Cu &
0.09gpt Au / 176m
Mineralized drill
hole
Non mineralized or
abandoned hole
0.16% Cu & 0.14gpt Au / 61m
Scale
2 Km0 Km
Slide
Zone
15. TSXV: NCX 15
Pemberton Hills Targets
High level alteration indicative of underlying copper porphyry deposit
3.5 by 1.5km area
of high-level Silicification
and Advanced Argillic
Alteration
Deep hole ends in
0.14% Cu
Untested by drilling
Small portion surveyed by
IP is open to South
Silicification
Open IP
Anomaly
Silicification
Area of high-level
porphyry alteration:
16. TSXV: NCX 16
Catalyst for Value Creation
Completion of PEA
Finalize metallurgy;
Complete mine plan based on revised Hushamu Resource model and Red Dog resource
Capital and operating cost estimates
Timeline and Cost
Completion of Red Dog metallurgy (January) $ 40,000
Mine Plan (Jan - Feb ) $100,000
Update tailings and Capex and Opex estimates (Jan- Mar) $250,000
Total $390,000
17. TSXV: NCX 17
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”
within the meaning of applicable Canadian securities laws. Forward-looking statements and information generally
express predictions, expectations, beliefs, plans, projections, or assumptions of future events or performance and do
not constitute historical fact. Forward-looking statements and information tend to include words such as “may,”
“expects,” “anticipates,” “believes,” “targets,” “forecasts,” “schedules,” “goals,” “budgets,” or similar terminology.
Forward-looking statements and information herein include, but are not limited to, statements with respect to the
completion of the Proposed Arrangement and the expected structure thereof; anticipated shareholder, court and
regulatory approvals; and the expected timing of closing of the Arrangement. All forward-looking statements and
information are based on NorthIsle’s or its consultants' current beliefs as well as various assumptions made by and
information currently available to them. These assumptions include, without limitation that shareholder and court
approvals to the Proposed Arrangement will be obtained in a timely manner, and that regulatory approvals will be
available on acceptable terms. Although management considers these assumptions to be reasonable based on
information currently available to it, they may prove to be incorrect. Forward-looking statements and information are
inherently subject to significant business, economic, and competitive uncertainties and contingencies and are
subject to important risk factors and uncertainties, both known and unknown, that are beyond NorthIsle’s ability to
control or predict. Actual results and future events could differ materially from those anticipated in forward-looking
statements and information. Examples of potential risks are set forth in Northisle's annual report most recently filed
with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators as of the date of
this press release. Accordingly, readers should not place undue reliance on forward-looking statements or
information. NorthIsle expressly disclaims any intention or obligation to update or revise any forward-looking
statements and information whether as a result of new information, future events or otherwise, except as otherwise
required by applicable securities legislation.
John McClintock, P Eng is the Qualified person responsible for the technical content of this presentation