BCSC Technical Disclosure Review - Northisle Copper and Gold Inc. Inc.
/EINPresswire.com/ -- VANCOUVER, BC--(Marketwired - March 24, 2017) - Northisle Copper and Gold Inc. Inc. ("Northisle" or the "Company") (TSX VENTURE: NCX) reports that as a result of a review by the British Columbia Securities Commission (BCSC), the Company is filing an amended Technical Report on the Red Dog Property with the resource classified to the 2014 CIM Definitions Standard. The reclassification has resulted in no changes to the Red Dog resource as disclosed in Northisle's news release of 10 January 2017 and listed below.
| RED DOG INDICATED MINERAL RESOURCE - TONNES & GRADE | ||||
| Cut-off (%Cu) | Tonnes | %Cu | ppm Au | %Mo |
| 0.10 | 54,490,000 | 0.22 | 0.31 | 0.004 |
| 0.15 | 36,568,000 | 0.27 | 0.38 | 0.005 |
| 0.20 | 23,633,000 | 0.32 | 0.46 | 0.007 |
| 0.25 | 15,553,000 | 0.38 | 0.54 | 0.008 |
| 0.30 | 11,042,000 | 0.42 | 0.60 | 0.009 |
| RED DOG INFERRED MINERAL RESOURCE - TONNES and GRADE | ||||
| Cut-off (%Cu) | Tonnes | %Cu | ppm Au | %Mo |
| 0.10 | 2,979,000 | 0.17 | 0.25 | 0.002 |
| 0.15 | 1,774,000 | 0.20 | 0.30 | 0.003 |
| 0.20 | 848,000 | 0.23 | 0.33 | 0.003 |
| 0.25 | 107,000 | 0.28 | 0.36 | 0.007 |
| 0.30 | 27,000 | 0.33 | 0.39 | 0.009 |
John McClintock, P. Eng is the Qualified Person who reviewed and approved the scientific and technical disclosure in this news release.
On behalf of Northisle Copper and Gold Inc.
"John McClintock"
President, CEO and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking statements. These forward-looking statements are based upon the reasonable beliefs of Northisle and its management as of the date of this news release; however, forward-looking statements involve risks and uncertainties and are based upon factors that may change and assumptions that may prove, with the passage of time, to be incorrect as a result of exploration and other risk factors associated with mineral exploration and development that are beyond the control of Northisle. Accordingly, undue reliance should not be placed upon such statements. If factors materially change or assumptions are materially incorrect, the actual results, performance or achievements of Northisle may be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Northisle does not undertake any obligation to update or revise any forward-looking statements to reflect new information, future events or otherwise, except as required by applicable law.
John McClintock
President, CEO and Director
info@northisle.ca
www.northisle.ca
