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Northern Dynasty

Northern Dynasty Minerals Ltd.

Northern Dynasty holds indirect interests in mineral claims on State land 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.
A 2013 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.

*February 2010 estimate by Qualified Person David Gaunt, P.Geo., VP Resources Hunter Dickinson Inc. CuEQ uses metal prices of $1.85/lb for Cu, $902/oz for Au and $12.50/lb for Mo and recoveries of 85% for Cu, 69.6% for Au, and 77.8% for Mo (west area), 89.3% for Cu, 76.8% for Au, 83.7% for Mo (east area).
Trading

TSX: NDM

$0.91    -0.01


Trading

NYSE MKT: NAK

$0.84    +0.01


Related News


April 07, 2014:
Rio Tinto grants Northern Dynasty shares to Alaska-based charitable foundations
Learn more

February 28, 2014:
EPA continues process to study mining impacts in southwest Alaska
Learn more

February 21, 2014:
Northern Dynasty Announces Resignation of Director
Learn more

 
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