Vancouver Island-focused Northisle Copper and Gold (TSXV: NCX) says its tying its North Island project’s focus on copper to its environmental, social and governance (ESG) practices.
These efforts include efficient water use, electricity sourced from a wind farm and consent sought from local First Nations, CEO Sam Lee said in a new video from The Northern Miner‘s recent Canadian Mining Symposium in London.
Northisle is keen to produce the mineral required for the energy transition, but Lee said developing the North Island project probably requires higher copper prices. However, the company is exploring a nearby project with five times the grades, the CEO says in an interview with The Northern Miner podcast host Adrian Pocobelli.
The North Island project has an estimated net present value of $1.1 billion at an 8% discount rate. It hosts 527 million indicated tonnes grading 0.2% copper and 0.24 gram gold per tonne, according to a 2021 preliminary economic assessment.
Watch the full conversation here:
JV Videos are sponsored content in arrangement with The Northern Miner.
Be the first to comment on "JV Video: Northisle Copper and Gold uses coastal BC location to its ESG advantage"