Northisle Copper and Gold Inc. (TSXV: NCX) has commenced a phase three drill programme at the Northwest Expo target, focused on its British Columbia-based North Island project.
The company has completed a total of 19 drill holes totaling 8,491m so far across the Northwest Expo, Goodspeed, and Pemberton Hills targets prior to the new programme. Of these holes, five assays have now been released, with a further 14 holes pending.
The additional drilling at Northwest Expo is targeted at in-filling the area around the higher-grade breccia identified by hole NW23-13 and further scout drilling to the southeast of zone one intended to vector towards a potential porphyry source identified by alteration mapping, soil/silt geochemistry and geophysics. The first drill hole in phase three at Northwest Expo has already been completed and is now being logged on a priority basis.
In addition to the drill programme, a ground magnetic survey will be carried out over the area southeast of zone one. The goal of this survey is to further aid vectoring towards a potential porphyry source of the lithocap hosted mineralization at Northwest Expo Zone 1.
A second magnetic survey will be carried out at Goodspeed south of the 2022 induced polarization/ magnetic survey area which showed a large magnetic anomaly which was open to the south. This anomaly was targeted with two drill holes during 2023. Assays for these holes are pending. Both magnetic surveys are scheduled to be completed during October 2023.
Subject to TSX Venture Exchange (TSXV) approval, Northisle has also engaged Oak Hill Financial Inc., a Toronto-based investor relations firm, to provide market awareness and investor relations services. Jonathan Robinson is a partner with Oak Hill and will be responsible for activities related to the company.
The engagement agreement with Oak Hill is for an initial two-month term, effective 19 October 2023. If the agreement is not terminated during that time, the term will automatically renew monthly and may be terminated by either party upon five days written notice prior to such monthly renewal.
For further information, please visit: www.northisle.ca
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