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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 bulgaron Nov 04, 2003 5:53pm
294 Views
Post# 6602890

RE: whats the problem guys

RE: whats the problem guysExactly. The most important point, in my view, of this news release was "step-out drill hole 3114, located 220 metres outside the southeastern boundary of the Pebble deposit... opens up the southeastern side of Pebble deposit to dramatic expansion of the higher-grade mineralization." Ore bodies are volumetric entities, which means even small changes to dimensions can have large impacts on the volume calculation. A simple example is if you have volume with each side of 4 units (can be metres, feet, whatever) and 4 units deep you have a volume of 4x4x4=64. By increasing the dimensions only 25% and making them now 5 units each you have 5x5x5=125. The volume has almost doubled! Keep this in mind when NDM mentions that the deposit has expanded in some direction as the effect on the volume will be very dramatic. I know it is a simple example but I hope it makes the point.
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