Northisle Announces Drill Results at Red Dog Identify Emerging High-Grade Trend in Eastern Portion of Deposit
Eastern extension of mineralization beyond 2025 PEA pit shell with multiple significant intercepts including 216.0 metres at
Highlights:
-
Drilling at Red Dog accomplished three core objectives:
- Infill drilling within the western, shallower core of the deposit has confirmed the consistency and reliability of historic drilling results.
- Drilling in the central portion of the deposit confirmed mineralization consistent with the existing resource model and will support improved confidence in future estimates
- Drilling in the eastern portion of the deposit demonstrated a new, high-grade zone extending past the limits of the currently modelled resource, indicating potential for resource expansion
-
Selected copper-equivalent assay intercepts include:
-
RD26-29: 141.4m grading
0.97% Cu Eq. from 3.6m and 70.0m grading0.88% Cu Eq. from 159.0m, with multiple higher grade sub-intervals -
RD26-30: 216.0m grading
0.67% Cu Eq. from 156.0m, including 64.1m grading1.10% Cu Eq. from 288.0m -
RD26-33: 126.0m grading
0.89% Cu Eq. from 177.0m, including 30.0m grading1.65% Cu Eq. from 222.0m -
RD26-35: 163.4m grading
0.86% Cu Eq. from 165.6m, including 18.0m grading1.58% Cu Eq. from 185.0m and 33.0m grading1.11% Cu Eq. from 230.0m
-
RD26-29: 141.4m grading
- Additional exploration drilling commenced on May 29, 2026, with approximately 14,500 metres planned for the remainder of the 2026 program

Figure 1: North Island Project Showing Location of Deposits and Prospects
Drilling at Red Dog has achieved several important objectives. Infill drilling within the western, shallow core of the deposit has confirmed previous drilling results and further validated the presence of shallow, higher-grade mineralization in the deposit. Results from the central portion of the mineral resource were also consistent with the existing resource model and are expected to support increased confidence in the current resource estimate. Perhaps most significantly from an exploration perspective, drilling in the eastern portion of the deposit identified a previously unrecognized high-grade trend at depth. Historic drilling at Red Dog was largely focused on shallow mineralization, and these results highlight the potential for additional areas containing economic-grade mineralization that have not yet been incorporated into existing resource models.
As a result of the successful drilling program and the potential to improve ongoing technical work with additional mineralization from Red Dog, the Company is now incorporating the Red Dog drill results in the integrated resource estimate and subsequently into the ongoing pre-feasibility study work.
Sam Lee, President & CEO noted “Exploration at Red Dog has demonstrated very strong grades over wide intervals, both near surface and at depth, and has identified a new mineralized domain in a previously under-drilled area. We are only scratching the surface of the potential of this district-scale opportunity and will be initiating further drill programs imminently. These important results have the potential to contribute to an improved project and, as a result, we have taken the necessary steps to allow inclusion of the new Red Dog mineralization in the PFS.”
Pablo Mejia, Vice President, Exploration added “These results from Red Dog represent some of the most significant geological outcomes of Northisle’s ongoing exploration program, with drilling confirming the potential for additional mineralization below the current resource envelope and that higher-grade mineralization is not restricted to the shallow core of the deposit. Critically, the use of Scan technology (by Veracio), combined with our improved understanding of the North Island Project mineralized systems, contributed to this important outcome.”
Discussion of Drill Results
A total of 8,112 metres of drilling were completed at the Red Dog Deposit between 2025 and early 2026. The program was designed primarily to support the ongoing PFS through resource conversion, while also advancing metallurgical, geotechnical, and exploration objectives. Of the drilling completed, approximately 5,259 metres were dedicated to infill drilling, aimed at upgrading portions of the current Mineral Resource from the Inferred category to the Indicated category. In addition, 591 metres were drilled in two holes to provide material for metallurgical testing, 515 metres supported geotechnical studies, and approximately 2,338 metres targeted resource expansion and exploration opportunities. A total of 31 holes were completed during the program, with most drilling focused on the eastern portion of the deposit where additional drill density was required to improve resource confidence and support future mine planning.
The primary objective of the infill drilling program was to increase confidence in the continuity and distribution of mineralization within the current resource model. Several holes were specifically designed to validate geological interpretations and confirm grade continuity within areas already classified as Indicated resources. Notably, RD26-29 returned 141.4 metres grading
Additional drilling was completed in areas of the deposit where wider drill spacing limited resource confidence and geological interpretation. These holes were designed to test continuity between existing intercepts while reducing local gaps within the resource model. Results confirmed the presence of broad and continuous mineralization across these areas, including 47.0 metres grading
Beyond resource conversion, several holes were designed to test the down-dip continuity of mineralization below the current resource envelope in the eastern portion of the deposit, where the recent infill drilling had identified higher-grade mineralization at depth. The identification and follow-up of these higher-grade zones were enhanced by the use of Veracio's Scan technology, which provided near real-time geochemical information and helped guide geological interpretations during the program. Results from RD26-30, RD26-33, RD26-35, RD26-36 and RD26-37 confirmed the presence of a broad and continuous mineralized trend extending below areas targeted by much of the historical drilling. Highlights include 216.0 metres grading
These results represent one of the most significant geological outcomes of the program. Historical drilling at Red Dog largely focused on the shallower portions of the system, with limited drilling evaluating the continuity of mineralization at depth. The new drilling confirms that mineralization extends well below the historically defined resource envelope and that higher-grade mineralization is not restricted to the shallow core of the deposit. The consistency of both broad mineralized intervals and higher-grade zones across multiple drill holes suggests the presence of an emerging eastern high-grade trend and highlights the potential for additional mineralized domains beyond those currently incorporated into resource models.
Exploration drilling completed outside the principal infill areas yielded mixed results. Holes RD25-03 and RD26-39 were designed to evaluate the lateral and vertical extent of mineralization beyond the current resource envelope and provided important geological information for future targeting. While RD26-39 intersected 39.0 metres grading
The results of the 2025-2026 drilling program provide strong support for both resource conversion and future growth opportunities at Red Dog. The program successfully achieved its primary objective of increasing confidence through infill drilling while simultaneously identifying a deeper high-grade mineralized trend in the eastern portion of the deposit. With mineralization now outlined over approximately 800 metres of strike length and more than 400 metres of vertical extent, the continuity of broad mineralized intervals and higher-grade zones supports the potential for future resource growth and suggests that the mineralized footprint of the deposit remains open for expansion at depth and toward the east. These results continue to improve the Company’s understanding of the Red Dog system and reinforce its potential as an important component of the North Island Project.
Table 1: Significant Intercepts at Red Dog This Release |
|||||||||
Hole ID |
From (m) |
To (m) |
Interval (m) |
Cu Grade (%) |
Au Grade (g/t) |
Mo Grade (ppm) |
Re Grade (g/t) |
Cu Eq. Grade (%) |
Au Eq. Grade (g/t) |
RD25-03 |
- |
-- |
- |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
RD25-12 |
8.4 |
18.0 |
9.6 |
0.17 |
0.24 |
27.62 |
0.21 |
0.36 |
0.49 |
And |
24.0 |
31.0 |
7.0 |
0.16 |
0.09 |
16.01 |
0.11 |
0.24 |
0.32 |
And |
73.0 |
83.0 |
10.0 |
0.17 |
0.37 |
9.52 |
0.04 |
0.45 |
0.60 |
And |
91.0 |
97.0 |
6.0 |
0.10 |
0.15 |
11.09 |
0.04 |
0.22 |
0.29 |
And |
103.0 |
109.0 |
6.0 |
0.14 |
0.16 |
14.57 |
0.06 |
0.27 |
0.36 |
And |
135.0 |
150.0 |
15.0 |
0.16 |
0.18 |
13.43 |
0.06 |
0.30 |
0.40 |
RD25-13 |
5.0 |
45.0 |
40.0 |
0.17 |
0.25 |
18.60 |
0.09 |
0.36 |
0.49 |
Including |
17.0 |
33.0 |
16.0 |
0.26 |
0.37 |
19.54 |
0.10 |
0.55 |
0.74 |
RD25-14 |
9.0 |
31.0 |
22.0 |
0.21 |
0.34 |
26.10 |
0.15 |
0.48 |
0.64 |
Including |
17.0 |
25.0 |
8.0 |
0.28 |
0.57 |
27.90 |
0.17 |
0.72 |
0.97 |
RD25-15 |
10.0 |
20.0 |
10.0 |
0.16 |
0.22 |
28.59 |
0.16 |
0.34 |
0.45 |
And |
193.0 |
276.0 |
83.0 |
0.35 |
0.29 |
37.13 |
0.26 |
0.59 |
0.79 |
Including |
199.0 |
217.0 |
18.0 |
0.53 |
0.46 |
28.88 |
0.18 |
0.89 |
1.19 |
Also Including |
235.0 |
253.0 |
18.0 |
0.43 |
0.39 |
30.64 |
0.18 |
0.74 |
0.99 |
RD26-16 |
9.0 |
35.0 |
26.0 |
0.18 |
0.23 |
23.16 |
0.15 |
0.37 |
0.49 |
And |
183.9 |
219.0 |
35.1 |
0.15 |
0.20 |
15.93 |
0.07 |
0.31 |
0.42 |
And |
255.0 |
348.0 |
93.0 |
0.27 |
0.11 |
61.35 |
0.51 |
0.39 |
0.53 |
Including |
313.5 |
327.0 |
13.5 |
0.55 |
0.28 |
46.08 |
0.39 |
0.79 |
1.06 |
Also Including |
336.0 |
346.2 |
10.2 |
0.75 |
0.28 |
27.44 |
0.17 |
0.98 |
1.31 |
RD26-17 |
- |
- |
- |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
RD26-18 |
- |
- |
- |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
RD26-19 |
4.5 |
51.5 |
47.0 |
0.22 |
0.49 |
25.96 |
0.12 |
0.61 |
0.81 |
Including |
4.5 |
34.0 |
29.5 |
0.28 |
0.67 |
27.51 |
0.13 |
0.80 |
1.07 |
And |
62.1 |
76.0 |
14.0 |
0.11 |
0.21 |
19.43 |
0.08 |
0.27 |
0.37 |
And |
80.0 |
102.0 |
22.0 |
0.13 |
0.18 |
20.62 |
0.20 |
0.28 |
0.38 |
RD26-20 |
11.9 |
42.0 |
30.1 |
0.14 |
0.25 |
16.00 |
0.11 |
0.33 |
0.44 |
And |
199.0 |
244.9 |
45.9 |
0.15 |
0.18 |
12.80 |
0.05 |
0.29 |
0.39 |
And |
257.0 |
291.0 |
34.0 |
0.22 |
0.16 |
10.27 |
0.04 |
0.34 |
0.46 |
And |
300.0 |
318.0 |
18.0 |
0.13 |
0.24 |
11.20 |
0.05 |
0.31 |
0.42 |
RD26-21 |
36.0 |
145.3 |
109.3 |
0.22 |
0.27 |
20.97 |
0.14 |
0.43 |
0.58 |
Including |
58.0 |
78.0 |
20.0 |
0.30 |
0.37 |
11.73 |
0.07 |
0.58 |
0.77 |
Also Including |
86.0 |
110.0 |
24.0 |
0.20 |
0.33 |
17.29 |
0.10 |
0.46 |
0.62 |
And |
156.4 |
189.0 |
32.6 |
0.12 |
0.14 |
22.22 |
0.13 |
0.24 |
0.33 |
RD26-22 |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
RD26-23 |
5.7 |
32.7 |
27.0 |
0.19 |
0.27 |
22.83 |
0.14 |
0.41 |
0.54 |
RD26-24 |
- |
- |
- |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
RD26-25 |
18.0 |
46.0 |
28.0 |
0.08 |
0.11 |
11.41 |
0.04 |
0.17 |
0.23 |
And |
202.0 |
214.0 |
12.0 |
0.33 |
0.24 |
10.39 |
0.03 |
0.51 |
0.69 |
And |
232.9 |
288.0 |
55.1 |
0.17 |
0.21 |
10.22 |
0.04 |
0.33 |
0.44 |
RD26-26 |
- |
-- |
- |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
RD26-27 |
89.0 |
98.0 |
9.0 |
0.10 |
0.05 |
21.34 |
0.16 |
0.15 |
0.21 |
And |
102.0 |
150.0 |
48.0 |
0.15 |
0.13 |
20.16 |
0.14 |
0.26 |
0.34 |
RD26-28 |
165.0 |
234.0 |
69.0 |
0.12 |
0.09 |
29.41 |
0.19 |
0.20 |
0.27 |
And |
240.0 |
261.0 |
21.0 |
0.11 |
0.08 |
45.02 |
0.30 |
0.20 |
0.26 |
And |
267.0 |
291.0 |
24.0 |
0.13 |
0.07 |
72.93 |
0.45 |
0.23 |
0.30 |
And |
297.0 |
330.0 |
33.0 |
0.15 |
0.07 |
66.75 |
0.44 |
0.24 |
0.32 |
Table 2: Significant Intercepts at Red Dog This Release (Continued) |
|||||||||
Hole ID |
From (m) |
To (m) |
Interval (m) |
Cu Grade (%) |
Au Grade (g/t) |
Mo Grade (ppm) |
Re Grade (g/t) |
Cu Eq. Grade (%) |
Au Eq. Grade (g/t) |
RD26-29 |
3.6 |
145.0 |
141.4 |
0.45 |
0.63 |
76.74 |
0.46 |
0.97 |
1.30 |
Including |
3.6 |
49.0 |
45.4 |
0.51 |
0.69 |
64.52 |
0.42 |
1.07 |
1.43 |
Also including |
61.0 |
137.0 |
76.0 |
0.46 |
0.68 |
79.48 |
0.50 |
1.02 |
1.36 |
And |
159.0 |
229.0 |
70.0 |
0.38 |
0.55 |
144.47 |
0.65 |
0.88 |
1.18 |
Including |
165.0 |
185.0 |
20.0 |
0.43 |
0.66 |
142.84 |
0.65 |
1.00 |
1.34 |
Also including |
195.0 |
219.0 |
24.0 |
0.50 |
0.71 |
160.04 |
0.67 |
1.12 |
1.50 |
And |
249.0 |
265.0 |
16.0 |
0.26 |
0.33 |
108.59 |
0.44 |
0.57 |
0.77 |
And |
267.0 |
273.0 |
6.0 |
0.19 |
0.18 |
46.34 |
0.33 |
0.35 |
0.47 |
RD26-30 |
135.0 |
141.0 |
6.0 |
0.12 |
0.07 |
43.72 |
0.23 |
0.20 |
0.27 |
And |
156.0 |
372.0 |
216.0 |
0.46 |
0.26 |
21.73 |
0.11 |
0.67 |
0.90 |
Including |
288.0 |
352.1 |
64.1 |
0.78 |
0.41 |
21.91 |
0.11 |
1.10 |
1.48 |
Also including |
355.8 |
369.0 |
13.2 |
0.62 |
0.39 |
4.66 |
0.06 |
0.92 |
1.23 |
And |
434.8 |
441.0 |
6.2 |
0.30 |
0.05 |
12.21 |
0.15 |
0.35 |
0.47 |
And |
444.0 |
453.0 |
9.0 |
0.32 |
0.04 |
6.72 |
0.52 |
0.36 |
0.48 |
RD26-31 |
5.4 |
24.9 |
19.5 |
0.13 |
0.18 |
17.40 |
0.07 |
0.27 |
0.36 |
And |
83.8 |
101.5 |
17.8 |
0.14 |
0.13 |
21.43 |
0.08 |
0.25 |
0.33 |
RD26-32 |
6.0 |
148.5 |
142.5 |
0.30 |
0.47 |
37.56 |
0.20 |
0.67 |
0.90 |
Including |
19.0 |
55.0 |
36.0 |
0.41 |
0.74 |
29.88 |
0.18 |
0.98 |
1.31 |
Also including |
69.0 |
83.0 |
14.0 |
0.39 |
0.65 |
56.36 |
0.31 |
0.91 |
1.22 |
And |
153.0 |
181.0 |
28.0 |
0.34 |
0.25 |
70.06 |
0.36 |
0.57 |
0.76 |
RD26-33 |
6.0 |
28.0 |
22.0 |
0.17 |
0.25 |
17.98 |
0.08 |
0.36 |
0.49 |
And |
96.0 |
104.0 |
8.0 |
0.29 |
0.27 |
18.67 |
0.05 |
0.51 |
0.68 |
And |
177.0 |
303.0 |
126.0 |
0.53 |
0.45 |
29.63 |
0.16 |
0.89 |
1.19 |
Including |
222.0 |
252.0 |
30.0 |
1.01 |
0.83 |
29.41 |
0.17 |
1.65 |
2.21 |
And |
326.0 |
333.0 |
7.0 |
0.11 |
0.05 |
51.48 |
0.28 |
0.18 |
0.24 |
RD26-34 |
- |
- |
- |
NSI |
NSI |
NSI |
NSI |
NSI |
NSI |
RD26-35 |
8.0 |
24.0 |
16.0 |
0.15 |
0.24 |
27.02 |
0.15 |
0.35 |
0.46 |
And |
110.1 |
115.9 |
5.7 |
0.26 |
0.55 |
7.59 |
0.05 |
0.67 |
0.90 |
And |
165.6 |
329.0 |
163.4 |
0.52 |
0.43 |
29.80 |
0.17 |
0.86 |
1.15 |
Including |
185.0 |
203.0 |
18.0 |
1.02 |
0.74 |
11.04 |
0.05 |
1.58 |
2.11 |
Also including |
230.0 |
263.0 |
33.0 |
0.75 |
0.46 |
23.38 |
0.19 |
1.11 |
1.48 |
And |
353.0 |
377.0 |
24.0 |
0.29 |
0.12 |
53.26 |
0.29 |
0.41 |
0.55 |
RD26-36 |
7.5 |
28.0 |
20.5 |
0.19 |
0.25 |
21.80 |
0.11 |
0.39 |
0.53 |
And |
171.0 |
180.0 |
9.0 |
0.17 |
0.13 |
16.64 |
0.02 |
0.28 |
0.37 |
And |
185.8 |
196.5 |
10.7 |
0.15 |
0.24 |
10.29 |
0.04 |
0.33 |
0.44 |
And |
211.7 |
314.0 |
102.3 |
0.32 |
0.21 |
13.52 |
0.08 |
0.49 |
0.65 |
Including |
299.0 |
311.0 |
12.0 |
0.72 |
0.41 |
30.95 |
0.28 |
1.05 |
1.41 |
And |
317.0 |
357.4 |
40.4 |
0.77 |
0.35 |
25.35 |
0.20 |
1.06 |
1.41 |
Including |
344.0 |
357.4 |
13.4 |
1.21 |
0.60 |
38.38 |
0.28 |
1.68 |
2.25 |
RD26-37 |
174.0 |
196.5 |
22.5 |
0.11 |
0.02 |
64.63 |
0.38 |
0.16 |
0.22 |
And |
310.7 |
323.7 |
13.0 |
0.10 |
0.16 |
6.22 |
0.03 |
0.23 |
0.31 |
And |
362.0 |
471.0 |
109.0 |
0.32 |
0.33 |
9.13 |
0.05 |
0.57 |
0.76 |
Including |
392.0 |
421.5 |
29.5 |
0.44 |
0.63 |
11.41 |
0.07 |
0.91 |
1.23 |
Table 3: Significant Intercepts at Red Dog This Release (Continued) |
|||||||||
Hole ID |
From (m) |
To (m) |
Interval (m) |
Cu Grade (%) |
Au Grade (g/t) |
Mo Grade (ppm) |
Re Grade (g/t) |
Cu Eq. Grade (%) |
Au Eq. Grade (g/t) |
RD26-38 |
16.8 |
39.0 |
22.2 |
0.37 |
0.70 |
82.67 |
0.55 |
0.94 |
1.26 |
And |
49.5 |
204.0 |
154.5 |
0.20 |
0.36 |
21.00 |
0.16 |
0.48 |
0.65 |
Including |
51.1 |
76.0 |
24.9 |
0.25 |
0.57 |
33.91 |
0.28 |
0.70 |
0.94 |
And |
210.0 |
229.4 |
19.4 |
0.11 |
0.13 |
16.62 |
0.10 |
0.22 |
0.30 |
And |
240.0 |
264.5 |
24.5 |
0.21 |
0.21 |
20.10 |
0.13 |
0.38 |
0.51 |
And |
269.0 |
297.0 |
28.0 |
0.17 |
0.22 |
29.95 |
0.16 |
0.35 |
0.47 |
And |
303.0 |
339.0 |
36.0 |
0.21 |
0.14 |
50.04 |
0.35 |
0.35 |
0.46 |
RD26-39 |
276.0 |
315.0 |
39.0 |
0.22 |
0.26 |
74.98 |
0.42 |
0.46 |
0.61 |
Including |
294.0 |
312.0 |
18.0 |
0.30 |
0.36 |
120.83 |
0.70 |
0.65 |
0.87 |
RDGT25-01 |
2.4 |
54.0 |
51.6 |
0.21 |
0.34 |
24.54 |
0.12 |
0.48 |
0.64 |
Including |
2.4 |
10.0 |
7.6 |
0.36 |
0.62 |
30.22 |
0.15 |
0.84 |
1.12 |
And |
67.0 |
113.0 |
46.0 |
0.17 |
0.38 |
17.20 |
0.08 |
0.46 |
0.61 |
Including |
80.0 |
96.2 |
16.2 |
0.28 |
0.67 |
13.93 |
0.05 |
0.79 |
1.06 |
RDGT25-02 |
18.0 |
24.0 |
6.0 |
0.08 |
0.11 |
52.57 |
0.43 |
0.20 |
0.27 |
And |
42.3 |
50.0 |
7.7 |
0.12 |
0.09 |
58.71 |
0.43 |
0.22 |
0.30 |
And |
52.0 |
161.0 |
109.0 |
0.18 |
0.25 |
19.04 |
0.11 |
0.38 |
0.50 |
Including |
73.0 |
83.0 |
10.0 |
0.34 |
0.66 |
11.15 |
0.06 |
0.84 |
1.13 |
And |
170.0 |
234.4 |
64.4 |
0.17 |
0.20 |
12.66 |
0.06 |
0.33 |
0.44 |
And |
237.0 |
252.0 |
15.0 |
0.14 |
0.14 |
10.16 |
0.05 |
0.25 |
0.33 |
And |
287.0 |
302.5 |
15.5 |
0.25 |
0.13 |
70.01 |
0.44 |
0.39 |
0.52 |
And |
309.0 |
316.0 |
7.0 |
0.16 |
0.07 |
29.11 |
0.21 |
0.23 |
0.31 |
Note on equivalent calculation for Red Dog:
Copper equivalent grade is determined by calculating total contained metal value per tonne, adjusted for recoveries, if known, dividing by the copper price, and then dividing the resultant number of pounds of copper by 2,204.6.Gold equivalent grade is determined by calculating total contained metal value/tonne, adjusted for recoveries, if known, dividing by the gold price, and then multiplying the resultant number of troy ounces of gold by 31.103. Analyzed metal equivalent calculations are reported for illustrative purposes and consider
Gold and copper equivalent calculations based on the following metal prices, which were used in the Company’s 2025 Preliminary Economic Assessment for the North Island Project: Cu =
Intervals are drill intersections and not necessarily true widths. True widths cannot be provided at this time due to the uncertainty in the geometry of the mineralization. Drill intersections have been selected and composites calculated independently by Northisle. The locations and distances highlighted on all maps in this news release are approximate.
Table 4: Drill Hole Collar Locations from This Release |
||||||
Hole ID |
Length (m) |
UTM East |
UTM North |
UTM Elevation |
Azimuth (deg) |
Dip (deg) |
RD25-03 |
257 |
572766 |
5618111 |
388 |
0 |
-68.9 |
RD25-12 |
285 |
572551 |
5617989 |
388 |
180 |
-47.6 |
RD25-13 |
213 |
572546 |
5617995 |
388 |
0 |
-45.5 |
RD25-14 |
240 |
572551 |
5617993 |
388 |
75 |
-72.4 |
RD25-15 |
276 |
572551 |
5617990 |
388 |
157 |
-55.2 |
RD26-16 |
348 |
572551 |
5617987 |
388 |
127 |
-47.5 |
RD26-17 |
210 |
572645 |
5618098 |
398 |
144 |
-67.8 |
RD26-18 |
87 |
572557 |
5618111 |
414 |
339 |
-69.0 |
RD26-19 |
150 |
572457 |
5618003 |
428 |
27 |
-50.3 |
RD26-20 |
318 |
572553 |
5617989 |
388 |
113 |
-55.5 |
RD26-21 |
207 |
572429 |
5617909 |
430 |
151 |
-67.9 |
RD26-22 |
147 |
572647 |
5618096 |
398 |
208 |
-86.7 |
RD26-23 |
45 |
572548 |
5617995 |
388 |
209 |
-45.7 |
RD26-24 |
186 |
572547 |
5617867 |
384 |
209 |
-47.4 |
RD26-25 |
288 |
572561 |
5618105 |
412 |
197 |
-54.6 |
RD26-26 |
132 |
572591 |
5618111 |
407 |
40 |
-79.4 |
RD26-27 |
231 |
572546 |
5617866 |
384 |
271 |
-72.8 |
RD26-28 |
330 |
572549 |
5617865 |
383 |
120 |
-59.6 |
RD26-29 |
324 |
572261 |
5617974 |
463 |
300 |
-54.3 |
RD26-30 |
477 |
572549 |
5617871 |
384 |
85 |
-64.7 |
RD26-31 |
135 |
572494 |
5618099 |
424 |
349 |
-45.8 |
RD26-32 |
267 |
572254 |
5617903 |
418 |
310 |
-64.7 |
RD26-33 |
363 |
572552 |
5617995 |
388 |
160 |
-71.6 |
RD26-34 |
44 |
572557 |
5617836 |
381 |
160 |
-55.0 |
RD26-35 |
414 |
572551 |
5617991 |
388 |
142 |
-65.2 |
RD26-36 |
411 |
572552 |
5617992 |
388 |
115 |
-69.4 |
RD26-37 |
471 |
572686 |
5618106 |
397 |
158 |
-50.2 |
RD26-38 |
339 |
572273 |
5617974 |
463 |
150 |
-54.4 |
RD26-39 |
402 |
572305 |
5618277 |
415 |
180 |
-59.5 |
RDGT25-01 |
199 |
572453 |
5617987 |
426 |
338 |
-64.5 |
RDGT25-02 |
316 |
572432 |
5617910 |
430 |
89 |
-74.0 |
Coordinates are reported in UTM Zone 9 North (NAD83 CRS, VD CVG28BC), with units in metres |
||||||
Note on Red Dog holes:
Holes RD25-04 through RD25-11 were drilled in the West Goodspeed area and their results were previously reported in Northisle's news release dated November 17, 2025. Hole RD26-34 was abandoned due to challenging ground conditions before reaching its target depth. Hole RD26-23 was terminated early following a reinterpretation of the geological model and target priorities based on information available at the time, allowing the program to focus on higher-priority targets elsewhere within the deposit.
Figure 1 shows a map of the overall North Island Project including existing deposits, key prospects, and the focus area of this release.
Figure 2 shows the location of the drill holes announced in this press release in context with previous drilling in the Red Dog area, while Figure 3 presents a long-section highlighting results from this release, illustrating the distribution of recent drilling and mineralized intervals along the deposit.
Exploration and Development Milestones
Key project milestones for 2026 include the following:
- COMPLETED – Updated Preliminary Economic Assessment on North Island Project
-
COMPLETED –
C financing$39.5 million - COMPLETED – BC Hydro Conceptual Review of Interconnection
- COMPLETED – Team additions and enhancements to support growth
- COMPLETED – Commencement of expanded baseline study program to support EA Readiness
- COMPLETED – Largest ever field program at North Island Project with 20,297 metres and 58 holes drilled
- COMPLETED – Confirmed mineralization at West Goodspeed over 1.2km strike
- COMPLETED – Identified copper-gold mineralization at the Cougar Target
-
COMPLETED –
C financing to advance the North Island Project$115 million - COMPLETED – Infill drilling results at Northwest Expo, extending strike and highlighting higher-grade zones
- COMPLETED – Commence extension drilling in Northwest Corridor; initial results expected in H2 2026
- COMPLETED – Initiate early engagement on mine waste storage area (ahead of schedule)
- COMPLETED – Drilling results at Red Dog, confirming additional higher-grade mineralization extending below the existing resource envelope
- Q2/Q3 2026 – Initial metallurgical test results for the North Island PFS
- Q2/Q3 2026 – Integrated resource update for the North Island Project
- Q3 2026 – Initiate drilling at regional exploration targets
- Q4 2026 – Results from drilling at regional exploration targets
- Q4 2026 / Q1 2027 – North Island PFS results announced
- H2 2026 – Initial Project Description filed
- H2 2026 – Commence BC Hydro System Impact Study
- Ongoing – Continued positive engagement with indigenous rightsholders and local stakeholders
Additional Technical Details
Logging, Sampling and Assaying Procedures and QA/QC
The diamond drill core logging and sampling program was carried out under a rigorous quality assurance / quality control (QA/QC) program. Drill intersections in this release are typically HQ to 150 metres and NQ thereafter to the end of holes. After drilling, core was logged for geology, structure, and geotechnical characteristics utilizing MX Deposit —core logging software, then marked for sampling and photographed on site. The cores for analyses were marked for sampling based on geological intervals with individual samples of 3-metre length or less. Drill core was cut lengthwise in half with a core saw. Half-core was sent for assays reported in this news release.
A minimum of +
Samples were sent to the MSALABS in
Pulps and rejects of holes with significant assay intervals are stored at West Coast Mineral Storage. The remaining split core is indexed and stored at the Company’s logging and office facility in
Drill Results in this news release are length weighted averages.
Qualified Persons and Data Verification
Dr. Pablo Mejia Herrera, P.Geo., Vice President Exploration of Northisle, and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical disclosure contained in this news release. Dr. Mejia Herrera has verified the data disclosed, including the sampling, analytical and test data underlying the disclosure, through multiple visits to drill sites, oversight of sample preparation protocols, and review of the QA/QC procedures applied to analytical results received from MSALABS.
About Northisle
Northisle Copper and Gold Inc. is a Vancouver-based company whose vision is to become Canada’s leading sustainable mineral resource company for the future. Northisle, through its
Northisle respectfully acknowledges that our North Island Project is located within the territories of Quatsino First Nation, Kwakiutl First Nation, and Tlatlasikwala First Nation. We are committed to collaborating with First Nations to build authentic, mutually beneficial relationships.
For more information on Northisle please visit the Company’s website at www.northisle.ca.
Cautionary Statements regarding Forward-Looking Information
Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend” and similar expressions. Forward-looking statements in this news release include, but are not limited to: plans and expectations regarding the 2026 exploration program; plans and expectations regarding future project development; timing of key catalysts; planned activities, including further drilling, at the North Island Project; anticipated impact of drilling results from Red Dog and other targets on Mineral Resource Estimates; the Company’s anticipated exploration activities; and the Company’s plans for advancement of the North Island Project. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, the Company’s ability to implement its business strategies; risks associated with mineral exploration and production; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. Readers are cautioned that the foregoing list is not exhaustive.
Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
The forward-looking statements contained in this news release represent the expectations of management of Northisle as of the date of this news release, and, accordingly, are subject to change after such date. Northisle does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260610670138/en/
On behalf of Northisle Copper and Gold Inc.
Nicholas Van Dyk, CFA
Chief Financial Officer
Tel: (604) 335-3590
Email: info@northisle.ca
www.northisle.ca
Source: Northisle Copper and Gold Inc.