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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

Comment by RealityCheck123on Apr 02, 2021 12:46pm
161 Views
Post# 32932214

RE:RE:No Proven/Probable “Ore Reserve” Classification?

RE:RE:No Proven/Probable “Ore Reserve” Classification?

Who are the "we" you are referring?  Lets hope its not the proponent/applicant.  That would be troubling.  

My previous post identified +/-10% accuracy, not to within "10% accuracy".  Significant difference.  Yes, a PFS meeting legal requirements, in order to determine proven/probable reserve/ore identifying viable economic development, is needed.

The point being, after all of this effort and existing PFS information, including mine/mineral processing/ancillary facility design, they use supposed lawsuits and permitting completion to not release factual and compliant economic analysis per a PFS?  Nonsense.  

We all have our mining technical limitations, but if your mine engineering experience is limited to an operating mine economics (mine design),  its scope is limited since the mine IS operating.   

Stakeholders, including the State should be provided this information, or at leadt a statement of proven/probable classification.  

If you have to default to name calling its obvious you cannot provide additional meaningful discussion.

Again, only the proponents compliant release or statement by PFS specifically identifying proven/probable economics matter.  

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