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Northisle Announces Positive PEA for the North Island Project Which Confirms it is One of the Most Attractive Cu-Au Projects in Canada
February 4, 2021 - All figures in C$ unless otherwise noted
TSX Venture Exchange Symbol: NCX
Highlights
The 2021 PEA confirms that the North Island Project is one of the most attractive copper-gold porphyry projects in Canada:
Long mine life of 22 years with average annual production of 177 mm lbs Cu Eq. over the first 6 years, including 112 mm lbs of copper, 112 koz of gold and 2.7mm lbs of molybdenum
Average annual after tax free cash flow of $321 million during the first 6 years and $224 million over the life of the operation