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Northern Dynasty Minerals Ltd T.NDM

Alternate Symbol(s):  NAK

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 05, 2024 11:54am
142 Views
Post# 35812560

The current USACE denied mine plan is uneconomic.

The current USACE denied mine plan is uneconomic.

Until a Feasibility Study releases demonstrated proven/probable "ore" reserves based from some mine plan, the rest is conversation.

The USACE, EPA, SCOTUS, Alaska and stakeholder proceedings and discussions do not make a resource economic to develop.  Even IF there were no regulatory impedances, the facts of economics and perpetual liability remain.

Underground mining is the only hope as developed by a real mining company.

20-years. $1 billion spent.

Nothing.





 

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