Northern Dynasty: Right-of Way Agreement Secures Site Access for Pebble Project developers

Northern Dynasty Minerals (TSX:NDM,NYSEAmerican:NAK) has reported that the Pebble Limited Partnership has finalized a right-of-way agreement with Alaska Peninsula Corporation, securing the right to use defined portions of APC lands for the construction and operation of transportation infrastructure associated with the Pebble project.

The Pebble Partnership is wholly owned by Northern Dynasty and proponent of southwest Alaska’s Pebble Project. APC is an Alaska Native village corporation with extensive land holdings proximal to the Pebble site, and more than 900 shareholders – many of whom live in the nearby villages of Newhalen and Kokhanok.

President and CEO of Northern Dynasty, Ron Thiesson said:

“Today’s agreement not only secures access to the Pebble project site for construction and operation of the proposed mine. It also represents a significant milestone in the developing relationship between Pebble and the Alaska Native people of the region.

We have always said Pebble must be developed in partnership with the local people and institutions of southwest Alaska. We have more work to do in that regard, but a Right-of-Way Agreement with one of the largest Alaska Native landowners in the region goes a long way to bringing our commitment to life.”

Click here to read the full Northern Dynasty Minerals (TSX:NDM,NYSEAmerican:NAK) press release.