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Northern Dynasty Minerals Ltd NAK


Primary Symbol: T.NDM

Northern Dynasty Minerals Ltd. is a Canada-based mineral exploration and development company based in Vancouver. The Company’s principal business activity is the exploration of mineral properties. The Company’s principal asset, owned through its wholly owned subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of about 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located about 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project. The deposit lies entirely within the Lake and Peninsula Borough, approximately 23,782 square miles of land. The deposit is a Copper-Gold-Molybdenum-Silver-Rhenium project. Its subsidiaries include 3537137 Canada Inc., Northern Dynasty Partnership, U5 Resources Inc., Pebble West Claims Corporation, and others.


TSX:NDM - Post by User

Post by RealityCheck123on Jan 09, 2024 1:13pm
86 Views
Post# 35817695

Still no demonstrated small mine plan RESERVE economics.

Still no demonstrated small mine plan RESERVE economics.

https://cassels.com/insights/national-instrument-43-101-part-4-what-issuers-need-to-know-about-economic-analysis/

A “preliminary economic assessment” or “PEA” is typically the first stage of economic analysis and the accuracy level is the lowest. National Instrument 43-101 defines a PEA as “a study, other than a pre-feasibility study or feasibility study, which includes an economic analysis of the potential viability of mineral resources.” As a result, many simple disclosures of economic analyses not from a pre-feasibility study or feasibility study are considered by regulators to be PEAs.

2023 PEA:
"The 2023 PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no assurance that the 2023 PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability."

 

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