Northern Dynasty: Alaska Governor Asks Trump to Prioritize Alaska-Specific Executive Order to Simplify Permitting

Northern Dynasty: Alaska Governor Asks Trump to Prioritize Alaska-Specific Executive Order to Simplify

Permitting

December 20, 2024 VANCOUVER – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern

Dynasty" or the " Company") and 100%-owned U.S. -based subsidiary Pebble Limited Partnership (“ Pebble

Partnership” or “PLP”) advise that Alaska Governor Mike Dunleavy recently sent a report entitled “Alaska Priorities

for Federal Transition” to President-elect Donald Trump along with a letter, asking that the President-elect issue

an Alaska -specific Executive Order on his first day in office reversing several unfriendly resource extraction

initiatives put in place by the Biden Administration.

Included in the document are many recommendations including, but not limited to, simplification of the Clean

Water Act regulations consistent with the Supreme Court Sackett decision on the definition of Waters of the

United States, the requirement for State Approval for 404 (c) vetoes under certain conditions, and that changes

be made to compensatory mitigation requirements to account for Alaska’s unique characteristics.

“We would like to say we are in agreement with all of the Governor’s requests as they will enhance the permitting

process, which will allow an unbiased science and fact-based regulatory oversight and process, helping the U.S. to

achieve security of supply of critical metals from American/Alaskan sources. In particular, we see that a number

of the requests relate to the Clean Water Act regulations as set out above (Sacket decision), and to several of the

findings and directions within the Remand Order issued by US Army Corps of Engineers Administrative Appeal of

our Record of Decision denial,” said Ron Thiessen, Northern Dynasty President and CEO. “The recommendations

would empower the State’s right to direct and oversee the permitting process, particularly on State lands, reduce

agency overreach and duplication of work among federal agencies, simplify the permitting process and help unlock

the State’s vast critical mineral potential for the benefit of all Americans.”

The full report can be found at the following link : https://gov.alaska.gov/dunleavy-administration-submits-

transition-report-to-trump-transition-hq/.

About Northern Dynasty Minerals Ltd.

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern

Dynasty's principal asset, owned through its wholly owned Alaska -based U.S. subsidiary, Pebble Limited

Partnership, is a 100% interest in a contiguous bl ock of 1,840 mineral claims in Southwest Alaska, including the

Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the

proponent of the Pebble Project.

For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at

www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America at 1-

800-667-2114. Public filings, which include forward looking information cautionary language and risk factor

disclosure regarding the Company and the Pebble Project can be found in Canada at www.sedarplus.ca and in the

United States at www.sec.gov.

Ronald W. Thiessen

President & CEO

U.S. Media Contact:

Dan Gagnier, Gagnier Communications (646) 569-5897

Forward Looking Information and other Cautionary Factors

This release includes certain statements that may be deemed "forward-looking statements" under the United States Private Securities

Litigation Reform Act of 1995 and under applicable provisions of Canadian provincial securities laws. All statements in this release,

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other than statements of historical facts, which address permitting, development and production for the Pebble Project are forward-

looking statements.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by

NDM as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and

contingencies and such statements should not be in any way be construed as guarantees that the Pebble Project will secure all

required government permits, establish the commercial feasibility of the Pebble Project, achieve the required financing or de velop

the Pebble Project.

For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange

Commission at www.sec.gov and its home jurisdiction filings that are available at www.sedarplus.ca.