Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Company Interviews

NorthIsle Copper & Gold (TSXV:NCX) - Leveraging the Rising Copper-Gold Market on Path to Production

11 Apr 2024

Description

Interview with Sam Lee, President & CEO of NorthIsle Copper & Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/northisle-copper-gold-tsxvncx-funded-fast-tracked-copper-gold-project-5168Recording date: 10th April 2024Northisle Copper & Gold (TSXV:NCX) presents a compelling investment case as a deeply undervalued copper-gold developer poised to benefit from increasingly favorable market conditions. The company's flagship North Island Project, located in mining-friendly British Columbia, Canada, boasts a large-scale resource base with a robust PEA (Preliminary Economic Assessment) and extensive exploration upside across a district-scale land package.The PEA outlines a 22-year open pit mining operation producing an average of 100 million lbs of copper and 100,000 oz of gold annually, with an after-tax NPV(8%) of $1.1 billion and 19% IRR using conservative metal price assumptions. Notably, the study is based on just a portion of the project's indicated resources containing 4.9 million ounces of gold and 2.5 billion pounds of copper, with substantial expansion potential through ongoing drilling.NorthIsle is well-positioned to capitalize on the strong copper and gold price environment, driven by increasing demand, constrained supply, and macro tailwinds. As gold establishes a higher trading range above $2,000/oz and copper prices rise on electrification and renewable energy trends, the company stands to benefit from significant margin expansion and increased investor interest in the sector.CEO Sam Lee highlighted the attractiveness of the North Island Project as a long-life asset in a low-risk jurisdiction, offering investors exposure to multiple commodity cycles. With a 22-year mine life based on current resources and potential to extend beyond 30-40 years, the project is a rare opportunity in a tier-one jurisdiction like British Columbia.NorthIsle has proactively mitigated development risks by securing project consent agreements with local First Nations and leveraging the project's access to existing infrastructure. These key advantages position the company to expedite the path to production and be at the forefront of the next generation of Canadian copper-gold mines.As the company continues to advance the North Island Project through resource expansion drilling, pre-feasibility studies, and permitting, there is potential for substantial re-rating and value creation. With a strong balance sheet, an experienced management team, and a clear path forward in a rising copper-gold market, NorthIsle Copper & Gold offers investors a timely opportunity to gain leveraged exposure to a high-quality, long-life asset with district-scale potential. As the company continues to execute on its strategy and unlock the value of the North Island Project, patient investors stand to be rewarded in the years ahead.View NorthIsle Copper & Gold company profile: https://www.cruxinvestor.com/companies/northisle-copper-goldSign up for Crux Investor: https://cruxinvestor.com

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.