Northcliff Achieves Major Permitting Milestone FOR the Sisson Project
NORTHCLIFF ACHIEVES MAJOR PERMITTING MILESTONE FOR THE SISSON PROJECT
July 10, 2019 Vancouver, BC - Northcliff Resources Ltd. (“Northcliff” or the “Company”) (TSX: NCF), on behalf of
Sisson Mines Ltd., the general partner of the Sisson Project Limited Partnership (the “ Sisson Partnership”) is
pleased to announce that the Sisson Tungsten-Molybdenum Project (the “Sisson Project”) has received a final key
federal authorization for the project.
Following extensive consultation with First Nations and the public , led by federal agencies Environment Canada
and Climate Change and Department of Fisheries and Oceans, the Metal and Diamond Effluent Regulation
Schedule 2 amendment (“MDMER”) authorization process is now successfully completed. Through this process,
project designs regarding the placement of the tailings facility, the tailings technology to be used and the fish
habitat compensation plan for the Sisson Project were thoroughly reviewed and the result has been published in
the Canada Gazette , Part II : Metal and Diamond Mining Effluent Regulations — Regulations Amending Fisheries Act
SOR/2019-245 25/06/19
“Completion of the MDMER amendment represents an important milestone toward project development,” said
Northcliff President & CEO Chris Zahovskis.
Prior to the MDMER, the Sisson Project received E nvironmental Impact Assessment (“EIA”) approvals from the
provincial and federal governments in 2015 and 2017 respectively. A Cooperation Agreement between Woodstock
First Nation and Sisson Partnership is in place and the Province of New Brunswick has signed an Accommodation
Agreement with the six Maliseet First Nations of the province. The Company has also been engaged on optimizing
engineering designs and soliciting offtake interest for the mine products as well as working through the provincial
EIA conditions, some of which are required to be complied with prior to the start of construction and others in the
operation phase. In addition, discussions to secure project financing are progressing.
The outlook for tungsten remains robust for the mid to long term and new, western-based tungsten projects are
needed to meet forecast demand growth. As a projected long-life, low cost producer in an excellent geographical
location with ready access to markets in North America, Europe and Asia through existing infrastructure, the Sisson
Project is a strategic asset for the region.
About Northcliff Resources Ltd.
Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located
in New Brunswick, Canada, to production.
Additional information on Northcliff is available on the website at www.northcliffresources.com. Investor services
can be reached at (604) 684-6365 or within North America at 1-800-667-2114.
Christopher Zahovskis
President & CEO
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Forward Looking Information and other Cautionary Factors
This release includes certain statements that may be deemed "forward -looking statements". All statements in this release, other than
statements of historical facts, that address the in -progress financing, permitting, exploration drilling, exploitation activities and events or
developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in
such forward-looking statements are based on reasonab le assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those in the forward-looking statements. Assumptions used by the Company to
develop forward-looking statements include the following: the Sisson Project will obtain all required environmental and other permits for
construction of the mine, the Sisson Project will achieve targeted production levels; the Company's study and development of the Sisson
Project will continue to be positive; contracted parties provide goods and/or services on the agreed timeframes; equipment necessary for
construction and development is available and does not incur unforeseen breakdowns; no material labour slowdowns or strikes a re
incurred; plant and equipment functions as specified; geological or financial parameters do not necessitate future mine plan changes; and
no geological or technical problems occur. Factors that could cause actual results to differ materially from those in forwar d-looking
statements include uncertainty of shareholder support, the need for judicial and regulatory approvals, fluctuations in market prices,
exploitation and exploration successes, continuity of mineralization, potential environmental issues and liabilities assoc iated with
exploration, development and mining activities, uncertainties related to the ability to obtain necessary environmental, land use and other
permits, approvals, licenses and title on a timely basis and delays due to third party opposition, and dev elopment of properties located
within First Nations treaty and asserted territories may affect or be perceived to affect treaty and asserted aboriginal rights and title, which
may cause permitting delays or opposition by First Nations communities, changes in government policies regarding mining and natural
resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ
materially from those projected in the forward -looking statements. For more information on the Company, investors should review the
Company's continuous disclosure filings that are available at www.sedar.com.