The CIM Vancouver Branch is pleased to invite you to our May Luncheon

Keynote Speaker: Sam Lee,CFA, Chief Executive Officer at NorthIsle Copper and Gold Inc

Title: Developing the next copper and gold district in BC

Date: May 23, 2024

Location: Pinnacle Hotel Vancouver Harbourfront

Reception Start Time: 11:30am

Lunch Start Time: 12:00pm

Presentation Start Time: ~12:30pm

Bio:

Mr. Lee was appointed to the role of President & CEO of Northisle in October 2020. Over the past 20 years Mr. Lee has advised on some of the most prominent M&A, equity, and debt transactions in the international and Canadian global mining industry totalling over $100 billion in value. During this period, he has worked in major resource markets including Toronto, Sydney, and Vancouver where he led various strategic initiatives for CIBC World Markets. Most recently he was Managing Director and head of CIBC’s Vancouver Mining Group. Mr. Lee holds a Bachelor of Applied Science, Faculty of Engineering, from the University of Toronto, was a graduate of the Lassonde Mineral Engineering program, and is a CFA charter holder.

Abstract:

The global energy transition is driving a surge in demand for copper, crucial for electric vehicles, renewable energy, and electrical infrastructure. Yet, a shortage looms due to limited new discoveries and slow mine development. S&P Global projects a near doubling of copper demand by 2035 and a 20% share of total demand by 2050. With few new projects in the pipeline and existing mines facing challenges, analysts foresee a supply gap from the mid-2020s.

NorthIsle Copper & Gold’s North Island Project in Vancouver Island boasts substantial copper and gold resources and enjoys robust local infrastructure, providing cost and time advantages. CEO Sam Lee highlights project accessibility, community support from Port Hardy and strong ties with local First Nations expedite permit approvals.

Though the 2021 PEA showcased promising economics for a large-scale 22-year operation, NorthIsle now adopts a phased approach. Initially, a smaller, high-grade starter pit operation at Red Dog and Northwest Expo zones will precede development of the larger Hushamu deposit.

Despite already having sizable resources, NorthIsle aims to expand through continued exploration. Priority lies in drilling untested areas between Red Dog and Northwest Expo deposits and exploring the Pemberton Hills target, yielding significant mineralization.

Well-capitalized after a $6.4 million private placement, led by Franklin Templeton, a major US gold fund, NorthIsle now holds $9 million in cash, adequate for planned drilling and economic studies until 2024.

NorthIsle offers investors exposure to a substantial copper-gold resource in a prime mining jurisdiction. A phased development strategy accelerates production while allowing room for expansion. Supported by adept management, strong partnerships, and a healthy financial position, NorthIsle is poised to unlock the project's value through key milestones in 2024-2025.

Note: If you have any questions or concern about this event please don’t hesitate to contact me at

Event Venue & Nearby Stays

Pinnacle Hotel Harbourfront, 1133 West Hastings Street, Vancouver, Canada