October 11, 2012, Vancouver, BC � Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company") (TSX: NDM; NYSE Amex: NAK) reports that on September 20, 2012, the Pebble Limited Partnership (the "Pebble Partnership" or "PLP") surpassed one million feet of core drilled at the Pebble Project, one of the most important concentrations of copper, gold, molybdenum and silver in the world.
The million foot milestone exemplifies the scope and scale of the Pebble Partnership�s many comprehensive technical and scientific work programs designed to fully understand the mineral resource, geological endowment and natural environment at Pebble. Located on Alaska state land designated for mineral exploration and development, the US Geological Survey has listed the Pebble resource lands as the most extensive mineralized system in the world.
"Drilling to this footage is a milestone that very few projects achieve, and is indicative of the significance of the Pebble deposit and the extraordinary lengths to which Pebble is going to design a comprehensive mine plan at the highest level of confidence,� said Northern Dynasty President & CEO Ron Thiessen.
�Reaching one million feet is just one example of the Pebble Partnership�s methodical and ongoing efforts to advance intensive geological, environmental and engineering studies, and our continued belief in Pebble�s potential to become one of America�s great metal producers of the 21st century. It is also a reflection of the Pebble deposit�s importance as a globally significant resource of copper, gold, molybdenum and other key metals utilized by modern society.�
Since 1988, some 1,075 core holes have been drilled at Pebble. The one millionth foot of core comes from a mineralized granodiorite at a depth of 1715 feet in drill hole DDH-12551, where detailed hydrogeological monitoring within the Pebble deposit is ongoing. Equivalent to 189 miles or 305 kilometers, the one million feet of core at Pebble includes drill programs led by Cominco (now Teck), Northern Dynasty and the Pebble Partnership, as tabulated on page 2. The core drilling programs have been carried out across the Pebble property, with over 800,000 feet focused on exploration and delineation of the Pebble deposit as well as the collection of environment and engineering data related to its potential development...
To view this news release in its entirety please click on the link below or copy and paste it into your web browser
http://hdi.to/QZGCht
If you have any questions do not hesitate to contact us as provided below.
Best Regards,
Investor Services
HDI
15th Floor - 1040 West Georgia Street, Vancouver BC V6E 4H8
Toll Free 1-800-667-2114 | Main 1-604-684-6365
info@hdimining.com | www.hdimining.com
Follow us on Twitter & Facebook
If you no longer wish to be on Northern Dynasty�s email distribution list, simply reply to this email with �� in the subject line.
To be removed from all of HDI�s email lists please reply to this email with �Remove All� in the subject line.
HDI is associated with the following companies: Heatherdale Resources Ltd., Curis Resources Ltd., Northcliff Resources Ltd., Rathdowney Resources Ltd., Northern Dynasty Minerals Ltd., Amarc Resources Ltd., and Quartz Mountain Resources Ltd. Visit us at www.hdimining..com for more information.
�Notice Regarding Transmission
This message is intended only for the person(s) to whom it is addressed and may contain information that is privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination or copying of this communication is prohibited. Please notify us of the error in communication by telephone (604-684-6365) or by return e-mail and destroy all copies of this communication. Please note that any views or opinions presented in this email are solely those of the author and do not necessarily represent those of Hunter Dickinson Inc. or any affiliated or associated company. The recipient should check this email and any attachments for the presence of viruses. Neither Hunter Dickinson Inc. nor any affiliated or associated company accepts any liability for any damage caused by any virus transmitted by this email.. Thank you.�
|
Northern Dynasty Minerals Ltd.
|
|
EN DÉVELOPPEMENT |
CODE : NDM.TO |
ISIN : CA66510M2040 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Northern Dynasty est une société développant des projet miniers de cuivre et d'or basée au Canada. Northern Dynasty est en développement de projets de cuivre, d'or et de molybdène en USA, et détient divers projets d'exploration en USA. Son principal projet en développement est PEBBLE en USA. Northern Dynasty est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 143,3 millions CA$ (105,3 millions US$, 94,7 millions €). La valeur de son action a atteint son plus haut niveau récent le 30 juin 2011 à 9,99 CA$, et son plus bas niveau récent le 19 mai 2023 à 0,28 CA$. Northern Dynasty possède 298 640 000 actions en circulation. |