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Northisle Copper and Gold Inc.
Summary
| Project: | North Island | |
|---|---|---|
| Deposit: | Red Dog | |
| Location: | Canada | |
| Commodities: | Copper-Gold-Molybdenum | |
| Date: | 3/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 24-3-2017: Northisle Copper and Gold Inc. announces a Resource Estimation report for its Red Dog deposit at the North Island project. Amended mineral resource estimate for Red Dog deposit at North Island. This amended independent technical report was prep | |
| Resources: | (Resource, Ind): 23.6Mt @ 0.32% Cu, 0.46g/t Au, 0.007% Mo at 0.20% Cu Cut-off | |
| CP/QP: | [Resources]: Philip David Burt (Burt Consulting Services) | |
| ABSTRACT: | This amended independent technical report was prepared for Northisle Copper and Gold Inc. (“Northisle”) to document the results of the 2016 drill campaign and resource estimate on the advanced stage Red Dog copper-gold-molybdenum project (“Red Dog”). The report was prepared at the request of Northisle and was written under the guidelines of Canadian National Instrument 43-101. Red Dog is located in the Nanaimo Mining Division of northern Vancouver Island, British Columbia, Canada, approximately 32 km west of Port Hardy and 8 km northwest of Northisle’s Hushamu Deposit. Northisle controls the Red Dog property, consisting of 16 contiguous mineral tenures covering an area of 400 hectares, through an option agreement. Access to the property from Port Hardy is by well-maintained Forest Service access roads. Historical exploration at Red Dog has outlined significant porphyry copper-gold mineralization. To date, two principal copper-gold enriched areas have been identified and variably drill tested: Red Dog and Slide Zones. The Red Dog Zone is the property’s most advanced target, having been the focus of the majority of historical and 2016 confirmation drill testing and the 2016 resource estimate. Exploration thus far has shown that the property’s priority porphyry-related mineralization is hosted in a 350 metre by 150 metre area of quartz-magnetite breccia located in altered Bonanza Group volcanic rocks adjacent to quartz-feldspar porphyry intrusive rocks. | |
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