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Northisle Copper and Gold Inc.
Summary
| Project: | North Island | |
|---|---|---|
| Deposit: | Red Dog | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 9/13/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 13-9-2016: Northisle Copper and Gold Inc. announces an Exploration/Drilling Update report for its Red Dog deposit at the North Island project. Drilling results incl. 198.5m @ 0.31% Cu, 0.47g/t Au from 1.5m. Vancouver, B.C. – Northisle Copper and Gold Inc. | |
| Resources: | ||
| CP/QP: | [Overall Report]: John McClintock (Internal) | |
| ABSTRACT: | Vancouver, B.C. – Northisle Copper and Gold Inc. (“Northisle” or the “Company”) is pleased to report that the initial drill hole (RD 16-01) from its recently completed resource verification diamond drill program on the Red Dog deposit was successful in verifying results from a nearby historical drill-hole. Red Dog is located eight kilometres northwest of the Hushamu Deposit within Northisle’s 100% owned North Island Project on Vancouver Island, British Columbia. Results for the remaining three verification holes will be released as they become available. As previously reported in the Company’s news releases of June 28th and August 18th , 2016 the primary objective of the four-hole drill program was to confirm the historical Red Dog resource, which if successful would allow Red Dog to be included in the Preliminary Economic Assessment (PEA) that is currently underway for the Hushamu deposit. Jack McClintock, P. Eng, President of Northisle commented, “We are very encouraged by the close comparison between the first drill hole and the historical hole drilled nearby. This is an important step towards verifying the resource and being able to include Red Dog in the PEA as a potential source of higher-grade feed during the initial start-up period for Hushamu.” | |
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