Nov. 20, 2012
/PRNewswire/ - Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company") (TSX: NDM; NYSE MKT: NAK) announces that the Pebble Limited Partnership (the "Pebble Partnership" or "PLP") has appointed
as Vice President of Environment to lead the Pebble Project's environmental program, including permitting and environmental studies.
is a civil engineer with 30 years of experience working on environmental compliance and regulatory oversight in
. His background includes 13 years at the Alaska Department of Environmental Conservation (DEC) permitting agency, where he supervised four major operating divisions implementing waste water discharge and air quality permitting, as well as all state environmental programs, including spill prevention and response, drinking water, solid waste management and environmental health. Mr. Easton also founded Easton Environmental, a successful consulting environmental engineering company where he worked on projects including remediation of Prince William Sound shorelines after the Exxon Valdez oil spill. For several years, he owned and operated a commercial fishing vessel and participated in
longline groundfish fishery.
Most recently, Mr. Easton served as Environmental and Regulatory Affairs Manager on the early design phase of a major multi-billion dollar Liquefied Natural Gas project in
President and CEO
commented, "Dan's extensive involvement in state-wide permitting programs and understanding of Alaskan environments make him the natural choice for Vice President of Environment. As the Pebble Partnership continues to methodically advance a development plan that will protect fisheries and water quality, Dan's leadership and expertise will help ensure that mitigation strategies for the Pebble Project are scientifically sound and sufficient before going through the rigorous environmental permitting and regulatory requirements of state and federal agencies."
About the Pebble Project
The Pebble Project is an initiative of PLP to responsibly develop a globally significant copper, gold and molybdenum deposit in southwest
into a modern, long-life mine. The project is located 200 miles southwest of Anchorage on state land designated for mineral exploration and development. It is situated approximately 1,000 feet above sea-level, 65 miles from tidewater on Cook Inlet and presents favourable conditions for successful mine site and infrastructure development.
The Pebble Project consists of the Pebble deposit, surrounding mineral claims and a stream of financing being provided by Northern Dynasty's project partner Anglo American US (Pebble) LLC. The Pebble Partnership was established in
as a 50:50 partnership between a wholly-owned affiliate of Northern Dynasty and a wholly-owned subsidiary of
plc. Both Northern Dynasty and
have equal ownership and direction of the Pebble Partnership.
Under the terms of the Pebble Limited Partnership Agreement,
is required to elect to commit
in staged investments in order to retain its 50% interest in the Pebble Project. Funds provided by
are currently being invested in comprehensive exploration, engineering, environmental and socioeconomic programs toward the future development of the Pebble Project.
About Northern Dynasty Minerals Ltd.
Northern Dynasty is a mineral exploration and development company based in
, which holds indirect interests in over 600 sq. miles of mineral claims in southwest
. Northern Dynasty's principal asset is a 50% interest in the Pebble Partnership, owner of the Pebble Project. The Pebble Project is an advanced-stage initiative to develop one of the world's most important mineral resources.
Ronald W. Thiessen
President & CEO
No regulatory authority accepts responsibility for the adequacy or accuracy of this release. Northern Dynasty is solely and entirely responsible for the contents of this news release. No other party, including any parties which have an interest in the project, are in any way responsible for the contents hereof.