PROJECT OVERVIEW
The Hushamu Deposit is a high-level telescoped and tilted porphyry copper-gold molybdenum system containing a significant rhenium content. The deposit forms a tabular northerly dipping body approximately 1.5km long and 0.7km wide with a thickness of 200m. The mineralized zone remains open to the southeast and northwest, but is cut off by a post mineral fault to the southwest.
As part of on-going engineering, geological, metallurgical and environmental programs in preparation of a Pre-Feasibility study, recent in-fill drilling has shown that additional mineralization may occur at depth and that the rhenium content has been under estimated.
Northisle undertook a 10-hole infill drill program at Hushamu in 2021 and 2022. The addition of an XRF analyzer to the drilling program has allowed the recognition and extension of copper-molybdenum mineralization at depth as shown in drillhole HU22-06 on Section 581000E.
CURRENT WORK PROGRAM
The next steps are to complete additional infill drilling in order to upgrade the resource ahead of a potential future pre-feasibility study.
All scientific information contained on this website has been reviewed and approved by Robin Tolbert, P.Geo., Vice President, Exploration of NorthIsle Copper and Gold Inc. who is a “qualified person” as defined by National Instrument 43 – 101 of the Canadian Securities Administration.
Note that the preliminary economic assessment is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.
