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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 realitycheck111on Feb 19, 2018 12:31am
115 Views
Post# 27582190

Pebble Would Be A Copper/Gold/Moly Mine

Pebble Would Be A Copper/Gold/Moly MineEconomic mining cut-off grade will be predominately governed by copper and gold with moly consideration.  Not rhenium or palladium since these minerals come with bulk mining tonnage.  Re and Pd are by-product metals from copper/gold/moly mining and smelting.  Economics will be based on copper/gold/moly as they are mineralogcally associated as mined.  Lesser amounts of Re and Pd will report to the copper/gold and moly concentrates. The feasbility study will identify Re and Pd as by-product credits (smelted) and so priced in economic sensitivity analysis.  Would be great if these metals can be economically recovered  by smelting, but by no means does this change any fundamental.

Therefore, Pebble won’t be a rhenium or palladium mine. No mining grade, tonnage and total recoverable Re or Pd metal was identified in the submitted mine plan.  

Not much to get excited about unless your a pump spinner. 


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