204-615-0335

Highlights:

  • GS24-15 was drilled to target the area 200m to the west of GS24-10 and has intercepted 20m grading 0.87% Cu Eq., 38m grading 0.29% Cu Eq., and 54m grading 0.42% Cu Eq.
  • GS24-11 through GS24-13 were targeted 350 metres down dip at West Goodspeed and, as expected, have intercepted narrower intercepts of copper and gold mineralization
  • GS24-13 intercepted mineralization above the interpreted fault planes bounding known mineralization at West Goodspeed indicating a fault offset target for future exploration
  • Remaining results from 2024 drilling include approximately 10 holes totalling 2,700 meters drilled at Northwest Expo and GS24-16, which is testing a further step out to the NW of GS24-15

Vancouver, B.C. – Northisle Copper and Gold Inc. (TSX-V: NCX) (“Northisle” or the “Company”) is pleased to announce that all but one of the significant assays from the Company’s 2024 exploration program at West Goodspeed have now been received.

Recent assays for GS24-15 confirm the presence of copper and gold mineralization over three intercepts in this hole collared approximately 210m northwest of GS24-10, extending mineralization at West Goodspeed over a strike of at least 1,000m from northwest to southeast. As a result of the positive results in GS24-15, Northisle recently drilled GS24-16 to test a further step out northwest at the West Goodspeed deposit, to test the area between West Goodspeed and Red Dog. GS24-16 intercepted intense quartz-magnetite, quartz-amphibole-biotite and quartz-chlorite-magnetite vein stockworks and parallel vein arrays hosting chalcopyrite-bornite mineralization. Assays from this hole are anticipated in Q4 2024.

Sam Lee, President and CEO stated “Our strategy of stepping out from known, higher grade, mineralization at West Goodspeed has continued to expand the mineralized trend towards the Red Dog deposit as we have now defined mineralization over more than a kilometer of strike. As a result, we recently completed a final hole at West Goodspeed which has intercepted encouraging alteration in this undrilled area between the two deposits. The implication of potentially connecting West Goodspeed and Red Dog could be significant and we look forward to receiving the assay results from this final hole shortly.”

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