ALASKA - NORTHERN DYNASTY MINERALS has completed an NI 43-101 estimate for its Pebble East deposit, which suggests the inferred resource is 3.4 billion tonnes grading 0.57% Cu, 0.36 g/t Au and 0.036% Mo, using a cutoff grade of 0.6% CuEq. Those numbers represent 42.6 billion lb of contained copper, 39.6 million oz of gold and 2.7 billion lb of molybdenum.
The Pebble project is located 95 km from tidewater at Cook Inlet in southwest Alaska. The Pebble East deposit is adjacent to but deeper than the lower grade Pebble West deposit.
Using a cutoff of 0.3% CuEq, the Pebble West deposit has measured and indicated resources of 3.0 million tonnes averaging 0.28% Cu, 0.32 g/t Au and 0.015% Mo. There are also inferred resources of 1.1 million tonnes at 0.24% Cu, 0.30 g/t Au and 0.015% Mo.
Northern Dynasty has an option to acquire a 100% interest in the Pebble deposit. See www.NorthernDynastyMinerals.com for details.
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