Northcliff Announcement: Sisson Project Limited Partnership signs Cooperation Agreement with Woodstock First Nation
Northcliff Announcement:
Sisson Project Limited Partnership signs Cooperation Agreement with Woodstock First Nation
March 2, 2017 Fredericton, New Brunswick –Northcliff Resources Ltd. ("Northcliff") (TSX: NCF) is pleased to announced that
the Sisson Project Limited Partnership (t he “Sisson Partnership”) and Woodstoc k First Nation (“WFN”) have signed a
Cooperation Agreement (the “Agreement”) regarding the Sisson Tungsten-Molybdenum Project located in New Brunswick,
Canada. The following is an excerpt from today’s joint announcement:
“The Agreement provides Woodstock Firs t Nation with various economic opport unities and financial benefits, helps
facilitate regulatory approvals and provides a long-term framework for communication and cooperation between the parties.
“We are delighted to have concluded this Cooperation Agreement with Woodstock Fi rst Nation,” said Chris Zahovskis,
President and CEO of Northcliff. “It shows what can be done when companies and Aboriginal groups build relationships and
work together.”
“Our community has spoken.” said Woodstock First Nation Chief Tim Paul. “We had a community referendum and given the
strong environmental protection provisio ns and economic benefits in the Agr eement, Woodstock First Nation members
voted in its favour.”
While the details of the Agreement are confidential, it addresses various matters including:
• Cooperative engagement with go vernment on regulatory matters;
• Environmental protection provisions;
• Scholarships and capacity building opportun ities for Woodstock First Nation members;
• Employment, training and contracting opportunities for Woodstock First Nation members during the construction
and operation phases of the Sisson Project; and
• Financial benefits.
The Cooperation Agreement follows the successful negotiation and implementation of a Process Agreement signed by
Northcliff and Woodstock First Nation in June 20131.
“Our relationship with Woodstock First Na tion continues to grow and we are look ing forward to working closely together
towards the development of the Sisson Project,” stated Northcliff President and CEO Christopher Zahovskis. “We also look
forward to a positive outcome from the federal environmental assessment process, building on the positive environmental
assessment decision in December 2015 from the New Brunswick government, to enable advancement of Northcliff’s and our
partner’s plans to build and operate an environmentally sound and socially responsible project that will provide significant
benefits in the Province of New Brunswick."
“Northcliff has shown itself to be a co mpany we can work with,” said Woodstock First Nation Chief Tim Paul. “This
partnership can provide real opportunitie s and benefits for our community while st ill ensuring our values, Aboriginal and
treaty rights and environmental concerns are respected.”
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Agreement-with-Woodstock-First-Nation
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About Northcliff Resources Ltd.
Northcliff, associated with Hunt er Dickinson Inc. (HDI), is a mineral reso urce company focused on advancing the Sisson
Tungsten-Molybdenum Project lo cated in New Brunswick, Canada, to producti on. The results of the Feasibility Study,
completed in January 2013, confirmed that the Sisson Project is technically and economically feasible and can move on to
the next stage of development.
The Sisson Environmental Impact Assessment Report (the “EIA Report”) was subm itted to both the federal Canadian
Environmental Assessment Agency ("CEAA") and the New Brunswick Department of Environment and Local Government in
July 2013. Provincial approval of the EIA Report was received on December 3, 2015. A federal decision from CEAA is pending.
Additional information on Nort hcliff is available on the website at www.nort hcliffresources.com. Investor services can be
reached at (604) 684-6365 or within North America at 1-800-667-2114.
About Woodstock First Nation
The Woodstock First Nation members are th e descendants of the Wolastoqiyik (Ma liseet) people, who have occupied the
lands and waters of what is now called New Brunswick since time immemorial. It is located approximately 9 km away from
the town of Woodstock and 100k m from the city of Fredericton. Additional information on Woodstock First Nation is
available on the website at www.woodstockfirstnation.com.
About Todd Minerals Ltd.
Todd Minerals is a subsidiary of the family owned Todd Corporation, one of New Zealand's most successful companies, with
a growing portfolio of mineral investment s. Additional information on Todd Corporation and Todd Minerals is available on
the website at www.toddcorporation.com.
About the Sisson Partnership
The Sisson Partnership is responsible fo r the development of the Sisson Projec t. The Sisson Partnership is owned by
Northcliff and Todd Minerals. Additional information on the Sisson Partnership and Sisson Project is available on the website
at www.sissonpartnership.com.
Chris Zahovskis
President and CEO
Northcliff Resources Ltd.
For more information, contact:
Greg Davidson, Community Relations Manager
506-455-0530, [email protected]
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 permitting, exploration drilling, exploitation activities and even ts or developments that the No rthcliff expects, are forward-
looking statements. Although Northcliff believes the expectations expressed in such forward-looking statements are based on rea sonable assumptions,
such statements are not guarantees of future performance and ac tual results or developments may differ materially from those in the forward-looking
statements. Assumptions used by Northcli ff to develop forward-looking statements in clude the following: the Sisson Project wil l obtain all required
environmental and other permits for construction of the mine, th e Sisson Project will achieve targeted production levels; stud y and development of the
Sisson Project will continue to be positive; contracted parties provide goods and/or services on the agreed timeframes; equipme nt necessary for
construction and development is available and does not incur unfor eseen breakdowns; no material la bour slowdowns or strikes are 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 materi ally from those in forward-looking statements include uncertain ty 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 associated 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, changes in government
policies regarding mining and natural reso urce exploration and exploitation, continued availability of capital and financing, a nd general economic, market
or business conditions. Investors are cautioned that any such st atements are not guarantees of future performance and actual re sults or developments
may differ materially from those projected in the forward-looking statements. For more information on Northcliff, investors should review the Northcliff's
continuous disclosure filings that are available at www.sedar.com .