The following fact sheet includes information that represents some of the development scenarios we have been investigating to date. Based on recent feedback from the United States Army Corps of Engineers ("USACE") we are in the process of revising and updating the presentation to reflect an alternative development scenario which the USACE has indicated is currently its preferred alternative. We will continue to be prepared to consider alternative development options and scenarios until the USACE completes and releases its Record of Decision, and until such time our current development scenarios may be revised to include adjustments and improvements as the Pebble Project advances.
Investors
Fact Sheet
© Copyright 2020 Northern Dynasty Minerals Ltd.
© 2020 Northern Dynasty Minerals Ltd.
All rights reserved.
All rights reserved.
This video includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in its forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of the ultimate size, quality or commercial feasibility of the Pebble Project, that the Pebble Project will secure all required government permits, or of the Company's future performance.
Mineral Resources: Current estimate of the Pebble deposit1 at a 0.3% CuEQ cutoff is:
- 6.5 billion tonnes in the combined Measured and Indicated categories at a grade of 0.40% copper, 0.34 g/t gold, 240 ppm molybdenum and 1.7 g/t silver, containing 57 billion pounds of copper, 71 million ounces of gold, 3.4 billion pounds of molybdenum and 345 million ounces of silver; and
- 4.5 billion tonnes in the Inferred category at a grade of 0.25% copper, 0.25 g/t gold, 226 ppm molybdenum and 1.2 g/t silver, containing 25 billion pounds of copper, 36 million ounces of gold, 2.2 billion pounds of molybdenum and 170 million ounces of silver.
In December 2017, Northern Dynasty Minerals Ltd (“NDM”) submitted a 404 permitting application with a Project Description for a smaller footprint 20-year mine plan for the Pebble Project, which uses a portion of the above resource; this does not preclude further development at a later date which would require application for additional permits2.
Potential Economic Benefits: Initial estimates of some of the benefits under the current development plan3 for the Pebble deposit are provided on the Economic Benefits page on this website.
This video should not be used as the basis of any investment decision.
Footnotes