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.

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Northern Dynasty Minerals Ltd

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Comment by oddykogon Mar 17, 2004 11:39am

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Post# 7223045

RE: financing closes

My question was answered with a press release this morning! Very upbeat besides the good news that they raised the $22 million at a 50 cent premium to today's market. Looks as if NDM at present is focused on doing this alone, though one wonders whether Teck Cominco will sit on the sidelines for too long in view of the size of the project and its influence on supply and demand for copper in the US once it is up and running.

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