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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.


TSX:NDM - Post by User

Northern Dynasty Minerals Ltd
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Post by RealityCheck123on Dec 25, 2024 9:36pm
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Post# 36377339

No economic mineral reserves. Nothing.

No economic mineral reserves. Nothing.

https://cassels.com/insights/national-instrument-43-101-what-issues-need-to-know-about-the-economic-analysis-of-a-mineral-project/

https://finance.yahoo.com/sec-filing/NAK/0001654954-24-014498_1164771/?nn=1

“The Group is in the process of exploring and evaluating the Pebble Project and has not yet determined whether the Pebble Project contains mineral reserves that are economically recoverable. The Group’s continuing operations and the underlying value and recoverability of the amounts shown for the Group’s mineral property interests is entirely dependent upon the existence of economically recoverable mineral reserves; the ability of the Group to obtain financing to complete the exploration and development of the Pebble Project; the Group obtaining the necessary permits to mine; and future profitable production or proceeds from the disposition of the Pebble Project.”

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