Northern Dynasty is a mineral exploration and development company based in Vancouver, British Columbia, and publicly traded in Canada (TSX:NDM) and the United States (NYSE American: NAK). Its wholly owned subsidiary, the Pebble Limited Partnership, holds a 100% interest in 417 square miles of mineral claims located near Iliamna, Alaska that host the Pebble copper-gold-molybdenum-silver deposit. The Pebble deposit has measured and indicated resources of 6.456 billion tonnes grading 0.4% copper, 0.34 g/t gold, 240 ppm molybdenum and 1.7 g/t silver, and additional inferred resources, as at Dec. 31, 2017. The Pebble Project entered the federal permitting process led by the US Army Corps of Engineers (Corps) in December 2017. In February 2019, the Corps released the Draft Environmental Impact Statement (EIS) for which the comment period closed on July 1, 2019. The Corps is targeting release of the Final EIS in 1Q 2020 and the Record of Decision in 2Q 2020. Northern Dynasty goals include securing a partner to fund permitting and development of the project.
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