Northern Dynasty Minerals Ltd (NAK)

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The Pebble Limited Partnership Key Developments
Pebble Limited Partnership Receives Notice of Approval of Miscellaneous Land Use Permit from the Alaska Department of Natural Resources for its Ongoing Activities at the Pebble Project in Southwest Alaska
Apr 11 17
Pebble Limited Partnership has received notice of approval of a Miscellaneous Land Use Permit from the Alaska Department of Natural Resources for its ongoing activities at the Pebble Project in southwest Alaska. The Pebble Partnership is in the process of reviewing in detail the state land use permit received April 11, 2017. However, Collier confirmed Pebble will be advancing a program of work in Alaska in 2017 to prepare the project to initiate permitting under the Clean Water Act and National Environmental Policy Act. Given the extensive work undertaken at the Pebble Project over the past decade or more, and anticipated future activity, the 2017 Miscellaneous Land Use Permit includes a requirement for a performance guaranty in the amount of $2 million related to any potential reclamation liability.

"""Collier confirmed Pebble will be advancing a program of work in Alaska in 2017 to prepare the project to initiate permitting under the Clean Water Act and National Environmental Policy Act. ""