*SCALPSWINGSTRADDLE*

[bobirw]

NAK Northern Dynasty subsidiary receives notice of approval from Alaska
Northern Dynasty Minerals announces that its 100%-owned US subsidiary Pebble 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 today. 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 MLUP includes a requirement for a performance guaranty in the amount of $2M related to any potential reclamation liability.