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Northcliff Resources Ltd T.NCF

Alternate Symbol(s):  NCFFF

Northcliff Resources Ltd. is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The Company holds an approximately 88.5% controlling interest in and is the operator of the advanced-stage Sisson Tungsten-Molybdenum Project in New Brunswick. The Sisson Project has approximately 14,140 hectares. The Sisson Project has the potential to become a near-term critical metal producer, providing new primary supply of tungsten and molybdenum to North American, European and Asian markets. The Sisson Project is based on a large, structurally controlled, intrusion-related tungsten-molybdenum deposit amenable to open pit mining.


TSX:NCF - Post by User

Comment by stockpunteron Sep 13, 2021 10:24pm
94 Views
Post# 33853429

RE:RE:fyi

RE:RE:fyi ehrrr, i think that is New Brunswick, you mean.
The Mo price hit $21/lb again.  Mo at 6$ over 15$, is equivalent to $28 added to W, I think, in terms of revenue.  So, we are close to FS numbers.  Unfortunately, FS study is out of date.  We have little idea how much CAPEX would be at today's prices.  Could be 100 million more than projected 8 years ago.
https://www.dailymetalprice.com/metalpricecharts.php?c=mo&u=lb&d=20
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