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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 Nov 15, 2023 10:48am
130 Views
Post# 35736766

No proven/probable reserves per existing mine plan…

No proven/probable reserves per existing mine plan…

...after 20 years and $1 billion spent. Five major miners walk.  No interest. No financing. 

Inconsequential of any potential SCOTUS decision, the low-grade copper equivalent is unattractive to mine.  

Underground mining only is also economically questionable.

No compliant Feasibility Study = no reserves = no value.

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