Northern Dynasty: Alaska Republican Party ‘unequivocally supports development of the Pebble Mine’
Northern Dynasty: Alaska Republican Party ‘unequivocally supports development of the Pebble Mine’
August 19, 2020 Vancouver – Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern
Dynasty" or the "Company") reports the Alaska Republican Party has passed a resolution “in support of the
responsible development of the Pebble mine.”
The Alaska Republican Party resolution dated August 9, 2020 states:
“Whereas the State of Alaska is seeking to overcome a significant economic recession and budget
deficit, and Pebble Mine is projected to generate $21 million in average annual revenue for the
Lake and Peninsula Borough, and $1 billion in estimated revenue for the State of Alaska; and,
“Whereas Pebble Mine is estimated to create 750-1,000 mining jobs, and an additional 1,000
mining support jobs, and the average mining wage is projected to be $100,000 annually, and
would benefit individuals in an otherwise impoverished area; and,
“Whereas the Pebble Limited Partnership will further support economic development in the Bristol
Bay region by paying a percent of revenue to year-round residents of Bristol Bay via a Pebble
Performance Dividend (PPD), and via projects to share low-cost energy with the residents of Bristol
Bay; and,
“Whereas Pebble Mine has undergone the most extensive environmental impact study in Alaska’s
history and the revised proposal is for a mine that is half the size of that originally proposed, with
correspondingly less environmental impact; and,
“Whereas water entering Bristol Bay as a result of mine operations totals 0.01% of water in the
area and this small amount of water will also be treated for optimal fish habitat before it is
released back into the environment; therefore be it:
“Resolved that the Alaska Republican Party unequivocally supports the development of Pebble
Mine; and,
“Resolved that all Alaska’s leaders and the U.S. Army Corp. of Engineers are urged to move forward
expeditiously with Pebble Mine’s approval and development.”
The Alaska Republican Party resolution can be viewed at https://alaskagop.net/wp-
content/uploads/2020/08/Pebble-Mine-Resolution.pdf
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 (“PLP”), is a 100% interest in a contiguous block of 2,402 mineral claims in southwest Alaska,
including the Pebble deposit. PLP is the proponent of the Pebble Project, an initiative to develop one of the
world's most important mineral resources.
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. Review Canadian public filings at www.sedar.com and US public filings at www.sec.gov.
Ronald W. Thiessen
President & CEO
US 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". All statements in this release, other than
statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company
expects are forward -looking statements. Although the Company believes the expectations expressed in its forward -looking
statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of the ultimate
size, quality or commercial feasibility of the Pebble Project, that the Pebble Project will secure all required government pe rmits, or
of the Company's future performance.
Assumptions used by NDM to develop forward-looking statements include the assumptions that (i) the Pebble Project will obtain all
required environmental and other permits and all land use and other licenses without undue delay, (ii) studies for the develo pment
of the Pebble Project will be positive, (iii) NDM will be able to establish the commercial feasibility of the Pebble Project, and (iv) NDM
will be able to secure the financing required to develop the Pebble Project. The likelihood of future mining at the Pebble Pr oject is
subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including (i)
obtaining necessary mining and construction permits, licenses and approvals without undue delay, including without delay due to
third party opposition or changes in government policies, (ii) the completion of feasibility studies demonstrating the Pebble Project
mineral reserves that can be economically mined, (iii) completion of all necessary engineering for mining and processing faci lities,
and (iv) receipt by NDM of significant additional financing to fund these objectives as well as funding mine construction, which
financing may not be available to NDM on acceptable terms or on any terms at all. The Company is also subject to the specific risks
inherent in the mining business as well as general economic and business conditions, as well as risks relating to the uncertainties with
respect to the effects of COVID-19.
The National Environment Policy Act EIS process requires a comprehensive “alternatives assessment” be undertaken to consider a
broad range of development alternatives, the final project design and operating parameters for the Pebble Project and associa ted
infrastructure may vary significantly from that currently being advanced. As a result, the Company will continue to consider various
development options and no final project design has been selected at this time.
For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange
Commission and its home jurisdiction filings that are available at www.sedar.com