Northisle Copper and Gold Inc. Closes $200,515 Flow-Through Private Placement

NorthIsle Copper and Gold Inc. (TSX VENTURE:NCX) ("Northisle") announces the
closing of a $200,515 private placement (originally announced at $200,000 on
September 24, 2012), consisting of the sale of 1,179,500 flow-through shares at
a price of $0.17 per share. All of the shares issued pursuant to this private
placement are subject to a hold period until February 13, 2013.


About Northisle

Northisle is a Vancouver-based junior resource company committed to the
exploration and development of the North Island Project on Northern Vancouver
Island. The North Island Project is situated approximately 15-40 kilometres
southwest of Port Hardy and contains the Hushamu Deposit and five other
partially explored copper-gold porphyry occurrences.


For more information on Northisle and the Hushamu Deposit please visit
Northisle's website at www.Northisle.ca. 


On behalf of Northisle Copper and Gold Inc.

John McClintock, President, CEO and Director 

This news release contains forward-looking statements. These forward-looking
statements are based upon the reasonable beliefs of Northisle and its management
as of the date of this news release; however, forward-looking statements involve
risks and uncertainties and are based upon factors that may change and
assumptions that may prove, with the passage of time, to be incorrect as a
result of exploration and other risk factors associated with mineral exploration
and development that are beyond the control of Northisle. Accordingly, undue
reliance should not be placed upon such statements. If factors materially change
or assumptions are materially incorrect, the actual results, performance or
achievements of Northisle may be materially different from any future results,
performances or achievements expressed or implied by such forward-looking
statements. Northisle does not undertake any obligation to update or revise any
forward-looking statements to reflect new information, future events or
otherwise, except as required by applicable law.

NorthIsle Copper and Gold (TSXV:NCX)
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