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Thursday, 02/03/2011 6:45:07 PM

Thursday, February 03, 2011 6:45:07 PM

Post# of 173212
Dear fellow posters,

I'm new to your site and have enjoyed the recent postings! And grabbed some shares here at these welcome prices!!

This recent update (see below) on estimate of Pebble may be of interest...

Cheers,

Milo

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Estimate of Alaska's Pebble Mine deposit grows
by Mary Pemberton / The Associated Press Fairbanks Daily News Miner
Feb 01, 2010 3:50 p.m. 2/1/10



ANCHORAGE, Alaska - The potential for riches keeps growing at Pebble Mine, a huge minerals deposit in southwest Alaska near Bristol Bay and the world's most productive wild salmon streams.

A new estimate released Monday is larger than the 2008 estimate - growing 12 percent for copper, 14 percent for gold and 16 percent for molybdenum, which is used to strengthen steel.

Pebble contains an estimated 80 billion pounds of copper, over 100 million ounces of gold and 5.6 billion pounds of molybdenum, said Canadian-based Northern Dynasty Minerals Ltd., which is developing the prospect with London-based Anglo American PLC.

The estimate is for both measured and indicated, and inferred amounts.



Read more: Fairbanks Daily News-Miner - Estimate of Alaska s Pebble Mine deposit grows
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