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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Northcliff Resources Ltd. is a Canada-based mineral resource company. The Company is primarily engaged in the acquisition and development of mineral properties. The Company holds an 88.5% economic interest in the Sisson Tungsten and Molybdenum Project (the Sisson Project), located in New Brunswick, Canada. The Sisson project is located on Crown land in central New Brunswick, approximately 100 kilometers northwest of Fredericton by road, and near the communities of Napadogan, Juniper and Stanley. The project is situated within the Nashwaak Watershed. The Sisson Project-area is served by local and regional infrastructure, including highways, roads, railways, deep sea ports and power lines.


TSX:NCF - Post by User

Post by seveneleven711on Mar 31, 2024 9:57am
53 Views
Post# 35961613

fyi

fyi

 

China has tradtionally been the world's leading tungsten producer, accounting for 85% of the world's production, estimated at 35 000 t of tungsten concentrate. China's tungsten production does not seem to be affected by the slump in global pruices as production remains at about 70% capacity. This compares to 10% production capacity exhibited by western producers. China's wolframite reserves are being rapidly depleted with an estimated 12 years reserves or 600 000 t remaining.


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