The Globe and Mail reports in its Wednesday, March 26, edition that Paradigm Capital analyst David Davidson believes that NorthIsle Copper and Gold's North Island project is distinctive among other copper deposits in British Columbia. The Globe's David Leeder writes in the Eye On Equities column that Mr. Davidson highlights NorthIsle Copper's advantages, which include starting production with high-grade gold and copper, excellent infrastructure, and substantial exploration potential. Mr. Davidson commenced coverage of the Vancouver-based junior resources company with a "speculative buy" recommendation and a $1.45 share target Analysts on average target the shares at $1.33. Mr. Davidson says in a note: "NorthIsle has been systematically exploring a large cluster of porphyry-related mineralized deposits on northern Vancouver Island since 2011. To date, three mineralized systems -- Hushamu, Red Dog and Northwest Expo -- have been extensively explored resulting in an updated NI-43-101 Mineral Resource Estimate (MRE) announced in the fall. More recently, a Preliminary Economic Assessment (PEA) has been released indicating a staged project starting with the gold-rich Northwest Expo deposit and has superseded a 2021 PEA."
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