sherman106
2 weeks ago
Zilidium...... Thank you for the insights, you are so very versed...... The World of Politics, however, is changing fast and to think of the changes that will come the next Four years when Strategies and New Resources will be needed to feed the manufacturing sectors of the day and future of our country. 1971 WAS 51 years ago, just before Nixon opened China to Imports....... In the history of the United States, if changes must be made, LAWS will be made in some way, to pave a NEW road...... National Security is number ONE, and Imminent Domain gives the Government the Power from the Fifth Amendment, to take Private land for public use, with JUST compensation........ It is only a matter of time when focus will change in Domestic mining, and knock out this GREEN Scam...........
Joe Kaplan
2 weeks ago
Experts rally around Trump's under the radar executive order unlocking 'critical' project blocked by Biden
President Trump signed an executive order overlooked by some in the media on his first day of office that experts tell Fox News Digital will play a critical role in developing mineral resources in the United States.
"President Biden issued 70 executive actions that discouraged tapping into Alaska's natural resources and public lands access," Gabriella Hoffman, Independent Womenโs Forum Center for Energy & Conservation Director, told Fox News Digital. "Unlike his predecessor, President Trump recognizes Alaska's potential to meet domestic energy and national security needs for reliable energy and critical mineralsโincluding restoring the Ambler Access Project connecting to the Ambler Mining District."
Research by the University of Alaska Center for Economic Development on the economic impact of the project concluded that the development of the Ambler Mining District could create thousands of direct, indirect, and induced jobs and the project could mean a projected $1 billion for the state in revenue, mining license tax revenue, corporate income taxes, and production royalties.
"Ambler Road is the equivalent of a shoelace on a football field: a blip in the vast remoteness of Alaskaโs wilderness," Power The Future founder and Executive Director Daniel Turner told Fox News Digital. "Yet somehow bureaucrats in DC who do not live there and cannot find it on a map have the authority to prevent Alaskans from developing their own land and growing their economy. Itโs insanity."
"Critical projects in Alaska like Ambler Road and Pebble Mine and oil and gas exploration in ANWR which are held up by radical green ideologues have forced our dependency on China for these raw materials, compromised our national security, but also prevented our fellow Americans in Alaska from the prosperity and economic opportunities they deserve," Turner said.
"So many raw materials we need are in Alaska, and Governor Dunleavy is hamstrung by green insanity in San Francisco and Washington, DC from developing them and growing his stateโs prosperity. The Trump Administration could be the most pro-Alaskan Presidency since Lincoln bought it."
Hoffman told Fox News Digital that "critics" of the Ambler project "ignore" that "access to the Ambler Mining District is guaranteed by the Alaska National Interest Lands Conservation Act (ANILCA) of 1980."
Thanks Ken for the great info....
https://www.foxnews.com/politics/experts-rally-around-trumps-under-radar-executive-order-unlocking-critical-project-blocked-by-biden
Joe Kaplan
3 weeks ago
Ken, .thanks, the NAK support link by the native populations is great!.
Northern Dynasty: Two Alaska Native Village Corporations Sue to Stop EPAโs Pebble Project Veto
June 26, 2024
View in PDF
June 26, 2024 Vancouver โ Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) ("Northern Dynasty" or the "Company") reports that Iliamna Natives Limited (โINLโ) and Alaska Peninsula Corporation (โAPCโ), two Alaska Native Village corporations representing communities closest to the Pebble Project (โPebbleโ), have filed suit against the Environmental Protection Agency (โEPAโ) for exceeding its authority with the veto action against Pebble. John Shively, CEO of the Companyโs 100%-owned U.S.-based subsidiary Pebble Limited Partnership made the following statement regarding the action:
โThe jobs, economic activity and revenue from Pebble would bring significant positive benefits to the communities closest to us, as represented by INL and APC in this lawsuit. From the beginning, the EPA has given little weight to the views expressed by these communities because it did not fit their predetermined narrative against the project.โ
โThe โNo Pebbleโ scenario for the communities represented by these two village corporations is one in which there is continued outmigration, increased already-higher-than-average cost of living, and lack of opportunities. A desire to change this trajectory and find good jobs for their shareholders is a key underpinning of the litigation filed today. It is ultimately about opportunity and hope.โ
โWe have local support for the project, and the Final Environmental Impact Statement for Pebble, as published by the U.S. Army Corp of Engineers, describes in detail the potential for many benefits from Pebble including employment, reduction in the cost of living, and significant local tax revenues. It further documents how local fishing permits continue to migrate to non-Alaskans and a high percentage of commercial fishing jobs are held by non-residents.โ
โThose who oppose Pebble have not provided any alternative that would improve the economy of this area. These two Native Village Corporations understand that the EPA and our opposition care little about their future.โ
Ron Thiessen, President and CEO of Northern Dynasty, said โWe have support from local Native Village Corporations because Pebble represents the opportunity of a brighter future for these communities. This is how the Alaska model works. With its illegal veto, the EPA is robb
Joe Kaplan
4 weeks ago
https://www.benzinga.com/25/02/43556295/trumps-administration-drives-renewed-optimism-for-pebble-project
The Pebble Mine project in Alaska has entered 2025 with a "renewed sense of optimism. "After being blocked by the Biden administration due to environmental concerns, a change of administration has reignited hopes for its advancement.
In a letter to shareholders, Ron Thiessen, CEO of Northern Dynasty Minerals
NAK+2.70%
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, the project's owner, noted the shifting political landscape and legislative progress.
"Knowing how important copper is to our way of life, and that Pebble is host to such a significant deposit of this critical metal, ensures that I remain enthusiastic moving this project forward," Thiessen said, citing the new administration's policies.
The Pebble project, located in southwest Alaska's Bristol Bay watershed, is one of the world's largest undeveloped copper and gold deposits. With an estimated 80.6 billion pounds of copper, 107.4 million ounces of gold, and 5.6 billion pounds of molybdenum, the project represents a $400 billion resource.
Proponents argue it could provide critical minerals essential for clean energy technologies, national security, and economic growth. However, the project has faced fierce opposition due to its potential environmental risks, particularly in the area supporting the world's largest sockeye salmon fishery.
Biden administration blocked the project in 2023, while the U.S. Supreme Court rejected the motion against the Environmental Protection Agency (EPA), despite Governor Mike Dunleavy's (R-Alaska) appeal that "the science is there to be able to develop the mine responsibly."
However, the project's fortunes shifted with Donald Trump's re-election. The new administration has prioritized domestic mining and resource development as cornerstones of self-sustainability regarding valuable critical minerals.
Trump has issued multiple executive orders to reverse Biden-era restrictions, such as "Unleashing Alaska's Extraordinary Resource Potential," which directs federal agencies to review and revise actions hindering the state's resource development.
"Executive orders like this give us and the rest of the mining industry comfort that this is an administration with which our industry can do business for the benefit of all," Thiessen noted.
Furthermore, the Critical Minerals Consistency Act โ which recently passed the U.S. House of Representatives with bipartisan support โ recognizes copper as a critical mineral, helping the recognition of the world's largest undeveloped copper deposit further.
Finally, the Federal District Court of Alaska allowed the Northern Dynasty to add the U.S. Army Corps of Engineers to its lawsuit against the EPA. The Northern Dynasty challenged the agency's handling of the permitting process and argued that its veto was unjustified. If the veto is lifted, Northern Dynasty believes the project could move forward based on its Final Environmental Impact Statement (FEIS) findings, which outlines mitigation measures and environmental safeguards.
"Removal of the veto would clear the path for a reconsideration of the 404 application and allow for a fair and impartial decision supported by the comprehensive, transparent, and positive FEIS," Thiessen explained.
Joe Kaplan
4 weeks ago
Significant Expanded Exploration of NAK properties.......... Northern Dynasty expanded drilling/exploration is finally at hand.
Side bets, IMHO, will reflect results that reveal additional Billions.
https://resourceworld.com/american-eagle-gold-planning-2025-nak-project-exploration-british-columbia/
American Eagle Gold Corp. [TSXV: AE; OTCQB: AMEGF] reported its 2025 exploration program for the NAK copper-gold porphyry project, central British Columbia. The company plans an extensive drill campaign of approximately 30,000 metres, targeting key mineralized zones and newly identified geophysical anomalies within and around the Babine porphyry stock. Drilling is set to begin in May.
American Eagleโs 2025 exploration program is designed to further delineate and expand mineralization, unlocking the potential of this large and complex system. The companyโs geologists are refining the NAK geological model, integrating hyperspectral and mineralogical data for precise drill planning. Collaborating closely with its strategic investors, American Eagle will provide ongoing updates on modeling and targeting as the May 2025 drill season approaches.
The 2025 drill program has a budget of $12-15 million, with the possibility to adjust based on outcomes. With $37 million in cash, provincial tax credits, and strong relationships with Lake Babine Nation, South32, and Teck, American Eagle is well-funded for 2025, 2026, and beyond.
A primary objective for 2025 is to further define and expand near-surface mineralization further, enhancing the projectโs economic potential. NAK offers a rare combination of geological and geographical advantages that American Eagle will leverage. Unlike many other porphyry prospects, the NAK Project benefits from road access, gentle topography, low elevation, and proximity to infrastructure. High-grade copper and gold mineralization has already been identified at surface, with significant potential for additional discoveries across the property.
Key Targets Within the Main Zones โ North Zone: Historically defined by near-surface vein and disseminated chalcopyrite mineralization in sedimentary rocks.
Expanded in 2022-2023 to include deeper bornite-rich conglomerate and monzonite dykes. 2024 drilling extended the zone northeast, encountering broad intervals of seriate-textured dykes with disseminated bornite.
The Northeast Expansion Zone will be an immediate and large focus to expand the North Zone, which remains open to the north, east and at depth, with step-out drilling planned to refine its orientation and extent.
Central Zone: The Central Zone links the historical North and South zones. It returned significant intercepts at depth in all of American Eagleโs 2022-24 drilling, but little systematic drilling has been undertaken to date at shallower depths, up-dip of those intersections.
South Zone: Hosts a large-scale gold-rich quartz stockwork mineralized body at surface. Drilling will link the mineralized conglomerate intersected in NAK24-17 and -31 with the broader South Zone.
Step-Out Targets and Emerging Zones: The Southeast Expansion Zone, south of the Babine porphyry, returned long intervals of anomalous gold and copper in NAK22-09 and -36. Soil sampling and mineralized outcrops indicate further potential.
The East Expansion Zone will utilize additional geophysical surveys to refine targets within and around the Babine porphyry, with scout drilling planned to test these areas.
Exploration Beyond Drilling: The 2025 program will incorporate several non-drilling initiatives that will enhance the project.
Geophysics: Aeromagnetic surveying and Controlled-Source Audio Magnetotellurics (CSAMT) to refine targets in underexplored areas north, south, and east of the Babine Stock.
Metallurgical Studies: Testing targeted drill core to assess recovery characteristics across different mineralization styles.
Core Retrieval: Historical drill core (predating American Eagle Gold) for drill holes with significant shallow Main Zone intersections is stored on the NAK property and appears to be in good shape. The Company will relog and resample this core to incorporate it into its model.
Timber Harvesting: Collaborating with local logging groups and the Lake Babine First Nation to manage previously permitted logging blocks, improving access to remote parts of the property.
American Eagle is committed to strong relationships with local stakeholders, including the Lake Babine Nation, provincial authorities, and local contractors.
The NAK Project lies within the Babine copper-gold porphyry district of central BC and has excellent infrastructure through all-season roads. It is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960โs, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed by American Eagle in 2022, 2023, and 2024 returned significant intervals of high-grade copper-gold mineralization that reached beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system.
American Eagle benefits from over $37 million in cash, bolstered by two strategic investors formed in the past two years with Teck Resources and South32. With substantial financial and technical resources, American Eagle Gold is well-positioned to drill, de-risk, and define the full potential of the NAK Copper-Gold porphyry project.
Northern Dynasty expanded drilling/exploration is finally at hand.
Side bets, IMHO, will reflect results that reveal additional Billions.
Zilidium
4 weeks ago
There are some pretty big hurdles to get over before this mine ever sees the light of day. After the permitting and getting permission BS there is the giant elephant in the room, getting the ore to market. Because the US is woefully inadequate for processing ore it must be shipped overseas. In order to get the ore from point A (the mine) to point B (the processors) it must go through tribal lands. NAK spells out the difficulty in small print on page 16 of this powerpoint under Assumptions.
ndm_presentation_january_15_2024_final 1. Assumptions:
โข Proposed Project, per that submitted for permitting
โข Third party partners provide project infrastructure, including access road, marine facilities, ferry and ferry landing facilities, natural gas pipeline, natural gas fired power plant Without third party agreement with infrastructure the only way to get ore to market is by helicopter (this method would be prohibitively expensive) Assuming the third parties have a change of heart (yes it is plausible, but highly unlikely) now the ore must be processed.
Lacking control over the production side of the mineral supply chain puts the nation at the mercy of countries that may or may not decide to sell refined metals, critical minerals, and rare earths to the U.S. in the future. what chinas ban are earths processing technology exports means The Biden admin initiated a fix, but it will take time. The current admin has stuck a fork in the cog of the machine when recently China saw fit to retaliate the tariff talk we all have been hearing about. china expands mineral control. I could go on and on presenting more hurdles (billionaires playground is in Pebbles backyard for example) but what I have mentioned will certainly be enough to delay this mine for the foreseeable future.
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Scotttrader80
2 weeks ago
nowwhat2
3 weeks ago
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