Northern Dynasty: Alaska voters elect pro-development State Governor Mike Dunleavy Anti-Pebble Ballot Measure 1 goes down to defeat

Northern Dynasty: Alaska voters elect pro-development State Governor Mike Dunleavy

Anti-Pebble Ballot Measure 1 goes down to defeat

November 7, 2018 Vancouver– Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) ("Northern

Dynasty" or the "Company") reports that with 98% of precincts reporting , Alaska voters in a November 6 ,

2018 state-wide election have elected a new Governor, Republican Mike Dunleavy.

A former State Senator, Governor- elect Dunleavy is a strong proponent of encouraging investment and

responsible development of the state’s natural resources to address the significant fiscal and economic

challenges facing Alaska. In electing Dunleavy, Alas ka voters rejected the candidacy of a Democratic

challenger who opposed development of the Pebble Project.

Dunleavy has stated that permitting decisions about resource development proposals in Alaska, including the

Pebble Project, should be based on object ive science and comprehensive reviews led by expert state and

federal regulatory agencies.

In the key US Congressional House Representative election, incumbent Republican Don Young was the

winner.

Alaska voters on November 6 also rejected Ballot Measure 1, known as the Stand For Salmon initiative, which

would have fundamentally re -written the state’s regulatory framework and habitat protections for

anadramous fish, and was positioned by its supporters as a vote against the Pebble Project.

The anti-resource development initiative was opposed by a broad coalition of Alaskans who coalesced behind

the Stand for Alaska campaign to defeat Ballot Measure 1, including resource companies and other business

interests, community and political leaders, individuals, and a majority of Alaska Native regional corporations.

With 98% of precincts reporting, more than 60% of Alaska voters had cast ballots in opposition to Ballot

Measure 1.

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 US subsidiary Pebble Limited

Partnership and other wholly-owned subsidiaries, is a 100% interest in a contiguous bl ock of 2,402 mineral

claims in southwest Alaska, including the Pebble deposit. The Pebble Partnership 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 Dyna sty 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 or of the Company's future performance or the outcome of litigation.

Assumptions used by the Company to develop forward- looking statements include the followin g: the Pebble Project will obtain all

required environmental and other permits and all land use and other licenses, studies and development of the Pebble Project w ill

continue to be positive, and no geological or technical problems will occur. The likeliho od of a partnering transaction is subject to

risks related to the satisfactory completion of due diligence and negotiations, including finalization of definitive agreemen ts and

fulfilment of conditions precedent therein, including receipt of all necessary approvals. Such process may not be successfully

completed or completed on terms satisfactory to the Company. The likelihood of future mining at the Pebble Project is subject to a

large number of risks and will require achievement of a number of technical, economic and legal objectives, including obtaining

necessary mining and construction permits, approvals, licenses and title on a timely basis and delays due to third party oppo sition,

changes in government policies regarding mining and natural resource ex ploration and exploitation, the final outcome of any

litigation, completion of pre -feasibility and final feasibility studies, preparation of all necessary engineering for surface or

underground mining and processing facilities as well as receipt of signifi cant additional financing to fund these objectives as well as

funding mine construction. Such funding may not be available to the Company on acceptable terms or on any terms at all. There is

no known ore at the Pebble Project and there is no assurance that the mineralization at the Pebble Project will ever be classified as

ore. The need for compliance with extensive environmental and socio -economic rules and practices and the requirement for the

Company to obtain government permitting can cause a delay or even abandonment of a mineral project. The Company is also subject

to the specific risks inherent in the mining business as well as general economic and business conditions. For more informati on 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