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OTC Markets Group Welcomes Northisle Copper and Gold Inc. to OTCQX
Globenewswireยท 2025-05-12 11:00
Company Overview - Northisle Copper and Gold Inc. is a Vancouver-based sustainable mineral resource company focused on becoming Canada's leading entity in this sector [5] - The company owns the North Island Project, a significant copper and gold porphyry project located near Port Hardy, British Columbia, covering over 34,000 hectares [5] Market Upgrade - Northisle Copper and Gold Inc. has qualified to trade on the OTCQX Best Market, upgrading from the Pink market, which enhances its visibility and accessibility for U.S. investors [1][2] - The upgrade to OTCQX signifies adherence to high financial standards, best practice corporate governance, and compliance with applicable securities laws [3] Financial Highlights - The company recently completed a Preliminary Economic Assessment (PEA) indicating an after-tax Net Present Value (NPV) of C$2.0 billion and an Internal Rate of Return (IRR) of 29% [4] - A 2025 exploration program is underway, targeting higher-margin zones and new porphyry centers, positioning the company for growth [4] Strategic Focus - Northisle emphasizes responsible development, stakeholder engagement, and exploring district-scale opportunities in a tier-one jurisdiction to deliver long-term value [4] - The company has discovered two significant deposits since 2021 and is focused on accelerating the advancement of the North Island Project [5]