Northern Dynasty Minerals Ltd T.NDM

Alternate Symbol(s): NAK

Metals & Mining Industrial Metals & Minerals

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.

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Northern Dynasty Minerals Ltd

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Comment by xbox360on May 17, 2018 9:38am

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Post# 28044580

RE:RE:no deal

Response from FM: Thank you for your email.

‎First Quantum's involvement is now a matter of public record, as we have signed a Framework Agreement that leads to an Option Agreement. That Option Agreement, by its nature, does not commit our company to invest in the Pebble Project unless and until the Company is satisfied, amongst other things, that the project can proceed safely.

It is also a matter of public record that the existing owners of the Pebble Project have now started the formal permitting process. That is a major step forward in having the project considered by the appropriate state and federal regulators whose job it is to apply and ensure due process and decide if the project may proceed.