One of the World's Greatest Stores of Mineral Wealth, Northern Dynasty Minerals Featured on BTV-Business Television
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2013) - Northern Dynasty Minerals Ltd. (TSX: NDM) (NYSE MKT: NDM) BTV interviews Ron Thiessen, President & CEO of Northern Dynasty Minerals Ltd.
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About the Pebble Project
The Pebble Project is an initiative of the Pebble Limited Partnership (PLP) to responsibly develop a globally significant copper, gold and molybdenum deposit in southwest Alaska into a modern, long-life mine. The project is located 200 miles southwest of Anchorage on state land designated for mineral exploration and development. It is situated approximately 1,000 feet above sea-level, 65 miles from tidewater on Cook Inlet and presents favourable conditions for successful mine site and infrastructure development.
The Pebble Project consists of the Pebble deposit, surrounding mineral claims and a stream of financing being provided by Northern Dynasty's project partner Anglo American US (Pebble) LLC. The Pebble Partnership was established in July 2007 as a 50:50 partnership between a wholly-owned affiliate of Northern Dynasty and a wholly-owned subsidiary of Anglo American plc. Both Northern Dynasty and Anglo American have equal ownership and direction of the Pebble Partnership.
Under the terms of the Pebble Limited Partnership Agreement, Anglo American is required to elect to commit $1.5 billion in staged investments in order to retain its 50% interest in the Pebble Project. Funds provided by Anglo American are currently being invested in comprehensive exploration, engineering, environmental and socioeconomic programs toward the future development of the Pebble Project.
About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada, which holds indirect interests in over 600 sq. miles of mineral claims in southwest Alaska, USA. Northern Dynasty's principal asset is a 50% interest in the Pebble Partnership, owner of the Pebble Project. The Pebble Project is an advanced-stage initiative to develop one of the world's most important mineral resources.
For more information on Northern Dynasty Minerals and the Pebble Project, please see the company's February 23, 2011 news release and technical report filed on www.sedar.com and the company's website www.northerndynastyminerals.com, or contact Investor Relations at (604) 684-6365 or within North America at 1-800-667-2114.
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