Northcliff Announces Three Year Extension Granted FOR New Brunswick Start of Construction of Sisson Project
NORTHCLIFF ANNOUNCES THREE YEAR
EXTENSION GRANTED FOR NEW
BRUNSWICK START OF CONSTRUCTION OF
SISSON PROJECT
VANCOUVER, BC
,
Nov. 28, 2022
/CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company")
(TSX: NCF), on behalf of Sisson Mines Ltd. ("Sisson"), is pleased to announce that the Minister of
the Department of Environment and Climate Change ("DECC") has approved a three year extension
to the construction commencement timeline for the Sisson Project to
December 3, 2025
.
"On behalf of Sisson, we wish to thank the New Brunswick Government, in particular, the
Department of Environment and Climate Change, Department of Natural Resources and Energy
Development and the Department of Aboriginal Affairs for their co-operative approach towards the
development of the Sisson Tungsten-Molybdenum Mine Project ("Sisson Mine") said
Andrew Ing
,
Northcliff CEO. "The proposed Sisson Mine is a significant asset for the critical minerals
i
tungsten
and molybdenum."
The Sisson Project received Environmental Impact Assessment ("EIA") approvals from the provincial
and federal governments in 2015 and 2017, respectively, successfully completed the Metal and
Diamond Mining Effluent Regulation Schedule 2 amendment ("MDMER") authorization process in
July 2019
, and the review of Sisson
Fisheries Act
Authorization application and Off-setting/Fish
Habitat Compensation Plan was completed and approved in 2020 and, pursuant to paragraph 35(2)
(b) of the
Fisheries Act,
the Minister of Fisheries and Oceans Canada authorized the proposed work
arising from the construction and operation of an open pit and tailing storage facility that will result in
impacts to fish and fish habitat (HADD Authorization under the Fisheries Act).
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 Sisson Project is focused on advancing to production through completion of engineering,
permitting, financing and off take activities and commencement of construction.
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.
On behalf of the Board of Directors
Andrew Ing
CEO
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 reasonable 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, and construction will be commenced on
or before the extended deadline noted above, 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 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 materially from those in
forward-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 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, and development 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
.
___________________________________
i
i https://www.nrcan.gc.ca/sites/nrcan/files/mineralsmetals/pdf/Critical_Minerals_List_2021-EN.pdf
SOURCE
Northcliff Resources Ltd.
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For further information:
New Brunswick Contact: Greg Davidson, Community Relations Manager,
1-506-455-0530
CO: Northcliff Resources Ltd.
CNW 07:45e 28-NOV-22