Mining Intelligence and News
Canada

North Island Project

Click for more information

Categories

Summary

Mine TypeOpen Pit
Study CompletedPreliminary Economic Assessment
StagePermitting
Commodities
  • Copper
  • Gold
  • Molybdenum
Mining Method
  • Truck & Shovel / Loader
Project Timeline... Lock
Mine Life... Lock
SnapshotThe North Island Project is an advanced stage copper-gold porphyry project containing the Hushamu and Red Dog Deposits and six other partially explored mineral occurrences of porphyry deposit types.

The 2025 Preliminary Economic Assessment (PEA) outlines a two-phase development plan for the Northwest Expo, Red Dog, and Hushamu deposits, with a plant expansion.

On May 25, 2023, Northisle Copper and Gold announced the receipt of a 5-year area-based permit for the Northwest Expo and Red Dog/Goodspeed areas.
Latest NewsNorthisle Announces Filing of NI43-101 Technical Report for North Island Project     April 4, 2025

Owners

SourceSource
CompanyInterestOwnership
NorthIsle Copper & Gold Inc. 100 % Indirect
The North Island Project is 100% owned by North Island Mining Corp., a wholly owned subsidiary of NorthIsle Copper & Gold Inc.

Contractors

Lock

- subscription is required.

Deposit type

  • Porphyry
  • Hydrothermal
  • Breccia pipe / Stockwork

Summary:

The North Island Project is underlain predominantly by andesitic volcanics, volcaniclastics and epiclastic sediments of the early to mid-Jurassic Bonanza Group which are intruded by diorite, quartz monzonite, and quartz-feldspar porphyries of the coeval Island Plutonic Suite. Several facies of breccia are present, including hydrothermal and tectonic as well as possible magmatic breccias in the deposit areas.

Mineralisation - Hushamu
The Hushamu mineralized zone extends 2,500 m in a NW-SE direction, dips 25 degrees north, extends 860 m down dip and has an average thickness of 380 m. Three mineralized zones have been recognized in the Hushamu Deposit related to and defined by the alteration zones.

LEA, the Leached Zone is typical of ground water acid leaching occurring at the top of porphyry systems. In BC, leached caps of the majority of porphyry systems have been removed by erosion and/or glacial processes. This leached rock is generally bleached, the majority of sulphide minerals have been removed, while abundant clay minerals formed by the leaching process and silica-rich minerals remain. This zone generally occurs at the top of the deposit, however there are minor discontinuous, leached zones throughout Hushamu Mountain. Copper has been partially to completely removed but minor molybdenite and gold remain.

The rarely formed supergene zone at the base of LEA within the SCP is characterized by very weak enrichment of copper in the form of chalcocite +/- covellite. The zone generally occurs from 60 m depth to 90 m below surface. In one hole, EC-187, supergene mineralisation was noted at 200 metres depth in fractured rocks proximally to the west fault.

Mineralisation - Northwest Expo
At Northwest Expo there is no leached cap as at Hushamu, but similarly the mineralisation is within the SCP and CMG alteration zones.

SCP1 at its upper levels has background to low copper-gold-molybdenum-rhenium assay grades. Towards the basal 50 metres of the contact between SCP1 and CMG generally the gold grade becomes significant (>0.1g/t Au) along with molybdenum (>250ppm Mo) and associated rhenium (>0.5 ppm Re) grades. This increases down to the contact and diminishes progressing down through the CMG alteration. Conversely, copper grades are mostly low to background in SCP and generally increase abruptly at the SCP1 / CMG contact. Molybdenite occurs on fracture surfaces, as lesser veins and as blebs.

In CMG copper mineralisation occurs as disseminated chalcopyrite and minor bornite and chalcocite associated with hydrothermal magnetite. Rarely, covellite has been observed along with bornite replacing it, indicating a second mineralizing Phase. The gold grades at Northwest Expo are significantly higher than Red Dog and Hushamu. In the deeper portions of the deposit, porphyry related vein stockworks host weak gold mineralisation and weak copper grades due it being mobilized into the overlying CMG.

Mineralisation - Red Dog
The Red Dog deposit extends 730 m NW-SE by 400 metres width and 120 metres thickness occurring predominantly in a 350 x 150 m WNW-trending quartz-magnetite breccia localized in altered Bonanza Group rocks adjacent to quartzfeldspar porphyritic dykes. This breccia consists of angular clasts of fine grained finely veined CMG cemented by white to light grey silica. Chalcopyrite and pyrite occur as disseminations, blebs and fracture fillings with lesser amounts of bornite and molybdenite.

A second mineralized zone termed the Slide Zone lies 400 m east of the Red Dog deposit in altered Bonanza Group volcanics south of the Red Dog Intrusion stock. Mineralisation consists of pyrite, chalcopyrite occurring as disseminations and fractures and molybdenite along joints and fractures. Steeply dipping northeast-trending late trachyte dykes cut the mineralisation. Grade or tonnage estimates have not been calculated for the Slide Zone due to the difficulty in connecting geology and mineralisation between holes.

Deposit Types
The Hushamu, Red Dog, and Northwest Expo deposits host Cu-Au-Mo-Re mineralisation within the upper reaches of porphyry systems, though alteration and mineralisation styles diverge from those of typical porphyry deposits (e.g. Sillitoe, 2010), possibly due to strong telescoping and/or epithermal enrichment (Perello, 1995; Sillitoe, 1994). Hushamu is similar in grade and size to the past-producing Island Copper Mine 29 km to the east, which produced 345 Mt of mineralized material with average grades of 0.41% Cu, 0.017% Mo, 0.19 g/t Au and 1.4 g/t Ag (Perelló et al., 1995).

Deposits at the North Island Project are best characterized as Au-rich calc-alkalic porphyry type; these deposits commonly form in sub-circular zones of brecciated and hydrothermally altered rock in and around the apex of a quartz diorite to quartz monzonite stock. Deposits developed in relatively high-level, subvolcanic environments are commonly associated with multiple dyke and breccia Phases. However, deposits formed at greater depth are more often associated with broad zones of faulting in plutonic rocks (Panteleyev, 1995).

The juxtaposition of porphyry-style mineralisation with intense lithocaps-style alteration and the relatively high Au contents suggest a shallow level of formation for the North Island deposits and/or a significant reduction in paleosurface elevation during the life of the hydrothermal activity (Sillitoe, 1994). Disseminated chalcocite at Northwest Expo (Mulja, 2024) suggests possible epithermal Au enrichment. The morphology of the interpreted paleohorizontal semi-tabular lens of mineralisation within lithocaps-style advanced argillic alteration is atypical of porphyry deposits in B.C., though several deposits in Southeast Asia have similarities (e.g. Batu Hijau, Lepanto-Far Southeast, Onto), possibly due to the tropical latitudes of Wrangellia at the time of formation.

Mineralisation is hosted within the intrusive rocks and/or the host rocks and consists of quartz stockworks, veinlets, disseminations and replacements within large hydrothermally altered systems. Metallic mineralisation is comprised of chalcopyrite, pyrite, bornite, molybdenite, magnetite, hematite and chalcocite. The large (up to 10 km2 ) hydrothermal systems are marked by distinctive alteration assemblages. The core of porphyry systems exhibits potassic alteration assemblages (potassium feldspar-biotite-magnetite ± anhydrite-diopside-garnet and commonly host the strongest CuAu mineralisation as chalcopyrite and bornite. Peripheral to the potassic core extensive propylitic alteration consists of albite, chlorite, epidote, calcite, diopside, actinolite and pyrite. Potassic and propylitic alteration are often overprinted by phyllic (quartz-sericite-pyrite), argillic and, in the uppermost parts of deposits, advanced argillic alteration (Giroux and Pawliuk, 2005).

Advanced argillic alteration is prevalent on the North Island Project, often with full textural replacement of the protolith resulting in gusano texture (SIM) above the hydrothermal fluid upflow zone. The presence of magnetite-rich bodies enclosed by advanced argillic alteration is unexpected because normally the acidic fluids responsible for lithocaps formation are magnetite destructive. Laterally extensive lithocaps environment with horizontal planar mineralisation at Northwest Expo may be analogous to Lepanto, an epithermal Cu-Au deposit that formed in the lithocaps environment above the associated Far Southeast porphyry deposit in Luzon, Philippines (Hedenquist et al., 1997). In the Onto lithocaps-hosted high-sulfidation porphyry deposit on eastern Sumbawa Island, Indonesia, copper occurs predominantly as covellite deposited during advanced argillic alteration, though mineralized intrusions imply a magmatic source (Burrows et al., 2020).

Reserves

Lock

- subscription is required.

Mining Methods

Lock

- subscription is required.

Required Heavy Mobile Equipment

Lock

- subscription is required.

EV - Electric

Comminution

Crushers and Mills

Lock

- subscription is required.

Processing

Lock

- subscription is required.

Commodity Production

CommodityProductUnitsAvg. AnnualLOM
Copper Metal in concentrate M lbs 2,247
Copper Payable metal M lbs 752,168
Gold Metal in doré koz 1,091
Gold Metal in copper conc. koz 2,914
Gold Payable metal koz 1373,932
Molybdenum Payable metal kt 130
Molybdenum Metal in concentrate kt 146
Gold Equivalent Payable metal koz 3078,808
Rhenium Payable metal t 124
Rhenium Metal in concentrate t 156
Copper Equivalent Payable metal M lbs 1574,509

Operational metrics

Metrics
Daily ore mining rate  ....  Subscribe
Daily processing capacity  ....  Subscribe
Annual ore mining rate  ....  Subscribe
Annual processing capacity  ....  Subscribe
Stripping ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
Tonnes processed, LOM  ....  Subscribe
* According to 2025 study.

Production Costs

CommodityUnitsAverage
All-in sustaining costs (AISC) Copper Equivalent USD  ....  Subscribe
All-in sustaining costs (AISC) Gold Equivalent USD  ....  Subscribe
All-in sustaining costs (AISC) Copper USD  ....  Subscribe
All-in sustaining costs (AISC) Gold USD  ....  Subscribe
C1 cash costs Copper Equivalent USD  ....  Subscribe
C1 cash costs Gold Equivalent USD  ....  Subscribe
C1 cash costs Copper USD  ....  Subscribe
C1 cash costs Gold USD  ....  Subscribe
C3 fully allocated costs Copper Equivalent USD  ....  Subscribe
C3 fully allocated costs Gold Equivalent USD  ....  Subscribe
C3 fully allocated costs Copper USD  ....  Subscribe
C3 fully allocated costs Gold USD  ....  Subscribe
Assumed price Rhenium USD  ....  Subscribe
Assumed price Molybdenum USD  ....  Subscribe
Assumed price Copper USD  ....  Subscribe
Assumed price Gold USD  ....  Subscribe
* According to 2025 study / presentation.
** Net of By-Product.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M CAD  ......  Subscribe
Expansion CapEx $M CAD  ......  Subscribe
Sustaining CapEx $M CAD  ......  Subscribe
Closure costs $M CAD  ......  Subscribe
Total CapEx $M CAD  ......  Subscribe
OP OpEx $M CAD  ......  Subscribe
Processing OpEx $M CAD 7,047
Refining costs $M CAD  ......  Subscribe
Transportation (haulage) costs $M CAD 197.9
G&A costs $M CAD 514.3
Total OpEx $M CAD  ......  Subscribe
Total Taxes $M CAD  ......  Subscribe
Royalty payments $M CAD  ......  Subscribe
Gross revenue (LOM) $M CAD  ......  Subscribe
EBITDA (LOM) $M CAD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M CAD  ......  Subscribe
After-tax Cash Flow (LOM) $M CAD  ......  Subscribe
Pre-tax NPV @ 5% $M CAD  ......  Subscribe
Pre-tax NPV @ 10% $M CAD  ......  Subscribe
Pre-tax NPV @ 7% $M CAD  ......  Subscribe
After-tax NPV @ 5% $M CAD  ......  Subscribe
After-tax NPV @ 10% $M CAD  ......  Subscribe
After-tax NPV @ 7% $M CAD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Feb 12, 2025
....................... Subscription required ....................... Subscription required Subscription required Feb 12, 2025
....................... Subscription required ....................... Subscription required Subscription required Feb 12, 2025
....................... Subscription required ....................... Subscription required Subscription required Apr 23, 2025
....................... Subscription required ....................... Subscription required Subscription required Apr 23, 2025
....................... Subscription required ....................... Subscription required Subscription required Apr 15, 2025
....................... Subscription required ....................... Subscription required Subscription required Apr 23, 2025

Workforce

Total WorkforceYear
...... Subscription required 2025

Aerial view:

Lock

- subscription is required.