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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

Post by stockpunteron Dec 30, 2023 11:31am
146 Views
Post# 35805105

on website

on websiteIt says on the 2 page brochure on NCF website that Societe Generale has done a review of Sisson.  SocGen is involved in engineering and financing studies, as near as I can tell.  I don't remember ever hearing about this study elsewhere, who paid for it, or what were the results/recommendations.  This is different than the consulting report they referred to on SEDAR Aug 3 , 2022. 

 Anyone got a better memory than mine?

BTW, I calculated that "we" (non-Todd owners of NCF) still own about 1.4 billion worth of in situ metal at Sisson, using the 2014 fs price assumptions.
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