VANCOUVER, Sept. 4, 2018 /CNW/ - Northern Dynasty Minerals
Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the
"Company") advises that the United States Army Corps of Engineers
has released the Scoping Document for the ongoing Environmental
Impact Statement ("EIS") assessment of the Pebble Project. This
EIS process is an integral part of permitting the Pebble Project
under the National Environmental Policy Act ("NEPA").
We would also like to announce that Northern Dynasty will be
presenting at the H.C. Wainwright Global Investment Conference at
11:40 am EDT on September 6, 2018 (venue is The St. Regis Hotel,
New York). This webcast
presentation can be accessed for 90 days at:
http://wsw.com/webcast/rrshq28/nak/
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.northerndynastyminerals.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 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.
The NEPA EIS process requires a comprehensive "alternatives
assessment" be undertaken to consider a broad range of development
alternatives, the final project design and operating parameters for
the Pebble Project and associated infrastructure may vary
significantly from that currently being advanced. As a result, the
Company will continue to consider various development options and
no final project design has been selected at this time. 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.
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SOURCE Northern Dynasty Minerals Ltd.