09:07 AM EDT, 10/28/2024 (MT Newswires) -- Northisle Copper and Gold ( NTCPF ) said Monday that recent assays confirmed the presence of copper and gold mineralization at the West Goodspeed target within the North Island project in British Columbia.

Results include 20 meters grading 0.87% copper equivalent, 38 meters grading 0.29% copper equivalent, and 54 meters grading 0.42% copper equivalent.

"Our strategy of stepping out from known, higher grade, mineralization at West Goodspeed has continued to expand the mineralized trend towards the Red Dog deposit as we have now defined mineralization over more than a kilometer of strike," President and CEO Sam Lee said. "As a result, we recently completed a final hole at West Goodspeed which has intercepted encouraging alteration in this undrilled area between the two deposits."

"The implication of potentially connecting West Goodspeed and Red Dog could be significant and we look forward to receiving the assay results from this final hole shortly," Lee added.

Northisle's share price rose 5.4% last Friday to $0.49 on the TSXV.