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A vast prospective and underexplored jurisdiction
Although large scale mines such as the Teck Resources Red Dog zinc mine, Hecla Mining’s Green’s Creek Mine, Coeur Mining’s Kensington gold mine, Northern Star’s Pogo and Kinross Gold’s Fort Knox all operate year round, the Arctic climate still provides formidable challenges to the smaller operator. The short summer exploration season means that much of the state remains underexplored.
Nonetheless, the state still hosts over 4,440 documented gold prospects, and over 2,700 documented non-gold occurrences, including some of the world’s largest deposits. Today, over 200 million ounces of gold has been delineated, in 20 of 61 placer districts.
Northern Dynasty: State of Alaska to Appeal Pebble Project Permit Denial
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Northern Dynasty: Pebble Partnership to Challenge US Army Corps of Engineers Finding That Compensatory Mitigation Plan for Alaska s Pebble Project Is Non-Compliant
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VANCOUVER, BC / ACCESSWIRE / December 17, 2020 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ( Northern Dynasty or the Company ) believes the US Army Corps of Engineers ( USACE ) perfunctory rejection last month of the Compensatory Mitigation Plan ( CMP ) submitted for Alaska s Pebble Project is emblematic of the lead federal agency s recent permitting decision at Pebble, arguing it is contrary to law, unprecedented in Alaska and unsupported by the administrative record.
Northern Dynasty s 100%-owned, US-based subsidiary Pebble Limited Partnership (the Pebble Partnership ) is preparing a request for appeal ( RFA ) with respect to the USACE s November 25, 2020 issuance of a negative Record of Decision ( ROD ) for the proposed copper-gold-molybdenum-silver-rhenium mine. To be submitted in January 2021, the Pebble Partnership s RFA is expected to argue, among other things, that the USACE s mitigation requirements for Pebble are contrary to policy and preceden