The Assay TV speaks with Sam Lee, president, and CEO of NorthIsle Copper and Gold, a company which owns a promising copper gold porphyry deposit, located on northern Vancouver Island, Canada.
In December last year, the company discovered a new mineralized porphyry system, known as West Goodspeed, demonstrating the highly prospective nature of the northwest area of the property. The drill results showed very near surface mineralization over at least 200m.
Sam touches on last month’s upsized private placement for proceeds of C$6.4M in which the company welcomed Frank Templeton as a new significant institutional shareholder.
The company looks forward to a bright 2024. NorthIsle is nearing completion of delivering final drill results, metallurgical testing, and an initial resource at Northwest Expo Zone 1, in addition to initiating the fully financed 2024 Phase 1 drill programme during Q1 this year.
Website: www.northisle.ca
Primary ticker: TSXV:NCX
Stages of development: Exploration, Development
Commodities: Copper, Gold, Molybdenum, Silver, Rhenium
Project to promote: North Island
Project location: Canada
