Northern Dynasty holds indirect interests in over 500 square miles of mineral claims in southwest Alaska, USA. Northern Dynasty's principal asset is the Pebble Project, an advanced-stage initiative to develop one of the world's most important mineral resources.
At a 0.3% copper equivalent cut-off*, the deposit comprises:
5.94 billion tonnes of measured and indicated mineral resources grading 0.42% copper, 0.35 g/t gold and 250 ppm molybdenum and containing 55 billion lb copper, 67 million oz gold and 3.3 billion lb molybdenum; and
4.84 billion tonnes of inferred mineral resources grading 0.24% copper, 0.26 g/t gold and 215 ppm molybdenum and containing 25.6 billion lb copper, 40.4 million oz gold and 2.3 billion lb molybdenum at a 0.53% copper equivalent cut-off.
The results of a 2011 Preliminary Assessment confirm that the Pebble Project has the potential to generate substantial annual revenues, with increasingly better returns over decades of production. A recent study authored by IHS Global Insight found the Pebble Project has the potential to support 15,000 American jobs and contribute more than $2.5 billion annually to US GDP over decades of production.
The focus in 2014 is to commence strategic partner discussions and complete Project Description and permitting documentation in preparation to enter the National Environmental Policy Act (NEPA) process.
Northern Dynasty is publicly traded on the Toronto Stock Exchange (TSX) under the symbol NDM and on the NYSE Market Exchange under symbol NAK.