February 1, 2010, Vancouver, BC Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE Amex: NAK) announces that the Pebble Limited Partnership (�PLP� or the �Pebble Partnership�) has provided an updated mineral resource estimate for southwest Alaska's Pebble Project, confirming it as one of the world's most significant undeveloped copper-gold-molybdenum porphyry deposits and North America's most important mineral development opportunity.
Additional core drilling conducted at the Pebble Project site has verified the grade and distribution of mineralization in the high-grade eastern portion of the deposit, while substantially increasing the amount of contained metal and upgrading the confidence classification. The new drill results, in concert with revised economic parameters, have resulted in an improved mineral resource estimate for the Pebble deposit.
The new Pebble resource estimate is based on 509 core holes, including 37 new holes drilled since mid-2008, and updates the estimate released on December 4, 2008. The new estimate represents a 17% increase in resources within higher confidence measured and indicated categories, and a 12%, 14% and 16% increase in contained copper, gold and molybdenum, respectively.
To view this news release in its entirety please click on the link below or copy and paste it into your web browser
http://www.northerndynastyminerals.com/ndm/NewsReleases.asp?ReportID=382916
If you have any questions do not hesitate to contact us as provided below.
Best Regards,
Investor Services
Hunter Dickinson
Toll Free 1-800-667-2114 | Main 1-604-684-6365
info@hdgold.com | www.hdgold.com
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Northern Dynasty Minerals Ltd.
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EN DÉVELOPPEMENT |
CODE : NDM.TO |
ISIN : CA66510M2040 |
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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 120,9 millions CA$ (88,3 millions US$, 82,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 30 juin 2011 à 9,99 CA$, et son plus bas niveau récent le 19 mai 2023 à 0,28 CA$. Northern Dynasty possède 298 640 000 actions en circulation. |