NORTHERN DYNASTY MINING

[Tackler]

Monster hole... NDM cuts 1,520 feet of 0.95% Cu at Pebble

2005-09-21 10:07 ET - News Release

Mr. Shawn Wallace reports

NORTHERN DYNASTY MINERALS LTD.: MAJOR NEW PORPHYRY SYSTEM DISCOVERED AT PEBBLE; 2619 FOOT INTERSECTION GRADES 1.45% COPPER EQUIVALENT

Northern Dynasty Minerals Ltd. has released new results from its Pebble project in Alaska. Core hole No. 5,327 has discovered a significant new porphyry copper-gold system with an intersection of 2,619 feet grading 1.45 per cent copper equivalent (CuEQ) (1) and specifically 0.87 per cent Cu, 0.7 gram per tonne gold and 0.028 per cent Mo. Included in this intersection are intervals of 605 feet grading 1.6 per cent CuEQ (0.9 per cent Cu, 1.06 grams per tonne Au and per cent Mo) and 290 feet grading 2 per cent CuEQ (1.08 per cent Cu, 1.3 grams per tonne Au and 0.029 per cent Mo). Hole No. 5,327 was drilled toward the east at a dip of 65 degrees and entered the new mineralized system at a vertical depth of 1,500 feet below the surface. The midpoint of this intercept is located 2,000 feet east of the Pebble deposit (3.1 billion tonnes of measured and indicated resources plus 1.1 billion tonnes of inferred resources). This discovery has the potential to significantly enhance the size and overall grade of the Pebble deposit.