Positive Federal Environmental Assessment Decision - Sisson Mine Project
Positive Federal Environmental Assessment Decision - Sisson Mine Project
June 23, 2017 Fredericton, New Brunswick - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF), on
behalf of Sisson Mines L td., is pleased to announce that the Federal Cabinet has approved the Sisson Tungsten and
Molybdenum Mine Project, after a rigo rous federal environmental assessment under the Canadian Environmental
Assessment Act (“CEAA”).
The Minister of Fisheries, Oceans and the Canadian Coast Guard, the Honourable Dominic LeBlanc, who recommended
approval of the project was quoted in a news release by the New Brunswick government:
“The Sisson project will bring about significant new economic opportunities to the people of New Brunswick,” said
federal Fisheries, Oceans and Canadian Coast Guard Minister Dominic LeBlanc. “During construction and operations,
it will create jobs and generate business opportunities, for Indigenous peoples and nearby communities. This project
will also help rejuvenate New Brunswick’s mining industry and add a source of tungsten to Canada’s mineral
production.”
Northcliff President & CEO Chris Zahovskis said, “Successful completion of the environmental assessment process is
an important milestone in the development of the Sisson Mine . The decision reinfo rces the thoroughne ss of the
environmental assessment submitted by the Sisson Partnership, reflecting our commitment to create a project that will
bring economic benefits to New Brunswick while protecting the environment. Our focus now will be on securing offtake
and financing to advance the project.”
Documentation related to CEAA review process for the Sisson Mine Project , including the Decision Statement and the
Environmental Assessment Report, can be accessed from the Canadian Environmental Assessment Registry website
http://ceaa-acee.gc.ca/050/details-eng.cfm?evaluation=63169
About Northcliff
Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson
Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of a 2013 Feasibility Study
confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of
development. For further details on Northcliff, visit the Company’s website at www.northcliffresources.com or call Investor
Relations at 1-800-667-2114.
About the Sisson Partnership
The Sisson Partnership, owned by Northcliff and Todd Minerals Ltd., a subsidiary of the family owned Todd Corporation,
is responsible for the development of the Sisson Project. Sisson Mines Ltd. Is the operating entity of the Sisson
Partnership. For details on the Sisson Partnership, visit the Sisson Project website: www.sissonpartnership.com.
Chris Zahovskis
President & CEO
For more information:
Greg Davidson, Community Relations Manager
506-455-0530
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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 events or developments that the Company exp ects, are forward -looking
statements. Although the Company believes the expectation s 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 th e 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 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 envi ronmental, land use and other
permits, approvals, licenses and title on a timely basis and delays due to third party opposition, exploration 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 Nation 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.