President & CEO Ron Thiessen to provide update on permitting,
mine planning and partnering process
VANCOUVER, Sept. 25, 2017 /CNW/ - Northern Dynasty Minerals
Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the
"Company") today announced that the Company will attend the 2017
Denver Gold Forum to be held September
25 – 27, 2017 in Colorado Springs,
Colorado.
Ron Thiessen, President and CEO
of Northern Dynasty, will present to attendees on Tuesday
afternoon, September 26, 2017. The
presentation will be recorded and made available for replay by
conference organizers from 7:00 am
EDT on Friday, September 29 at
www.denvergoldforum.org/DGF17/company-webcast/NDM:CN
The presentation will provide an update on the plan of Northern
Dynasty's 100%-owned, Alaska-based
subsidiary Pebble Limited Partnership (the "Pebble Partnership") to
initiate federal and state permitting with a smaller,
environmentally-optimized project design and the status of
qualifying and securing a new major funding partner for the Pebble
Project.
In this regard, the Company reports that it and its advisors are
in advanced partnership discussions and expect to complete
negotiations in the fourth quarter of 2017.
Northern Dynasty has posted an updated corporate presentation on
the homepage and in the Investor Relations section of its
website.
About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development
company based in Vancouver,
Canada. Northern Dynasty's principal asset, owned through
its wholly-owned Alaska-based US
subsidiary Pebble Limited Partnership and other wholly-owned
subsidiaries, is a 100% interest in a contiguous block of 2,402
mineral claims in southwest Alaska, including the Pebble deposit. The
Pebble Partnership is the proponent of the Pebble Project, an
initiative to develop one of the world's most important mineral
resources.
For further details on Northern Dynasty and the Pebble Project,
please visit the Company's website at www.northerndynasty.com
or contact Investor services at (604) 684-6365 or within
North America at 1-800-667-2114.
Review Canadian public filings at www.sedar.com and US public
filings at www.sec.gov.
Ronald W. Thiessen
President & CEO
Forward Looking Information and other Cautionary
Factors
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration
drilling, exploitation activities and events or developments that
the Company expects are forward-looking statements. Although the
Company believes the expectations expressed in its forward-looking
statements are based on reasonable assumptions, such statements
should not be in any way construed as guarantees of the ultimate
size, quality or commercial feasibility of the Pebble Project or of
the Company's future performance or the outcome of litigation.
Assumptions used by the Company to develop forward-looking
statements include the following: the Pebble Project will obtain
all required environmental and other permits and all land use and
other licenses, studies and development of the Pebble Project will
continue to be positive, and no geological or technical problems
will occur. The likelihood of future mining at the Pebble Project
is subject to a large number of risks and will require achievement
of a number of technical, economic and legal objectives, including
obtaining necessary mining and construction permits, approvals,
licenses and title on a timely basis and delays due to third party
opposition, changes in government policies regarding mining and
natural resource exploration and exploitation, the final outcome of
any litigation, completion of pre-feasibility and final feasibility
studies, preparation of all necessary engineering for surface or
underground mining and processing facilities as well as receipt of
significant additional financing to fund these objectives as well
as funding mine construction. Such funding may not be available to
the Company on acceptable terms or on any terms at all. There is no
known ore at the Pebble Project and there is no assurance that the
mineralization at the Pebble Project will ever be classified as
ore. The need for compliance with extensive environmental and
socio-economic rules and practices and the requirement for the
Company to obtain government permitting can cause a delay or even
abandonment of a mineral project. The Company is also subject to
the specific risks inherent in the mining business as well as
general economic and business conditions. For more information on
the Company, Investors should review the Company's filings with the
United States Securities and Exchange Commission and its home
jurisdiction filings that are available at www.sedar.com.
SOURCE Northern Dynasty Minerals Ltd.