NEW BRUNSWICK – The Sisson tungsten-molybdenum project 60 km northwest of Fredericton is closer to development since Northcliff Resources of Fredericton awarded the value and basic engineering contract to Jacobs Minerals Canada. Engineering work will focus on the mineral processing plant to refine capital and operating costs.
The contract with Jacobs includes requesting bids for long lead time mineral processing equipment. In addition, Jacobs will seek indicative pricing from New Brunswick vendors, suppliers and contractors for certain services and equipment that are locally available. Northcliff expects the Sisson mine to proceed to detailed engineering toward the end of the year.
In the meantime, the provincial and federal environmental impact assessment review continues and the company is simultaneously progressing with offtake and project finance discussions.
The Sisson deposit has been explored since 1979 by others. Northcliff acquired the property in 2010 and completed a positive feasibility study in January 2013. The reserves total 334.4 million proven and probable tonnes grading 0.066% WO3 and 0.021% Mo.
Additional information and a geological description of the Sisson property is posted at NorthcliffResources.com.