Report Determined No Significant Adverse Residual Environmental Effects from the Sisson Project
FREDERICTON, Dec. 3, 2015 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce the New Brunswick government has issued a positive environmental impact assessment Certificate of Determination to Sisson Mines Ltd. (the "Sisson Partnership") for the Sisson Tungsten-Molybdenum Project.
In accordance with the Environmental Impact Assessment ("EIA") regulation of the Clean Environment Act, the review determined that the mitigating measures identified during the review process, along with the conditions outlined in the Environmental Assessment Approval will provide the safeguards needed to ensure the facility can be constructed and operated in an environmentally sound manner.
"This important milestone is another step on the path to creating a significant new tungsten producer," said Northcliff President & CEO Chris Zahovskis. "On behalf of the Sisson Partnership, I would like to express my appreciation to the Government of New Brunswick for the support shown to this project. The rigorous environmental assessment process has resulted in a strong project that will deliver significant benefits to New Brunswick while protecting the environment. We recognize the importance First Nations and all residents of New Brunswick place on the protection of the land, water, heritage and natural resources of the province. The Sisson Partnership is committed to advancing the Sisson Project in a manner that respects these interests."
As part of the EIA process, the Sisson EIA Report was submitted to both the federal Canadian Environmental Assessment Agency ("CEAA") and the New Brunswick Department of Environment and Local Government in July, 2013. A federal decision from CEAA is pending. Permit applications for construction and operation will be finalized and submitted following a positive federal decision.
Concurrent with the ongoing environmental assessment process, Northcliff continues to work to secure offtake interest in Sisson's products and arrange financing for development and construction.
The Certificate of Determination can be accessed from the website at the following links:
About Northcliff Resources Ltd.
Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can move on to the next stage of development. Additional information on Northcliff is available on the website at www.northcliffresources.com. Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114.
About Todd Minerals Ltd.
Todd Minerals is a subsidiary of the family owned Todd Corporation, one of New Zealand's most successful companies, with a growing portfolio of mineral investments. Additional information on Todd Corporation and Todd Minerals is available on the website at www.toddcorporation.com.
About the Sisson Partnership
The Sisson Partnership is responsible for the development of the Sisson Project. The Sisson Partnership is owned by Northcliff and Todd Minerals. Additional information on the Sisson Partnership and Sisson Project is available on the website at www.sissonpartnership.com.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address permitting, exploration drilling, exploitation activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Assumptions used by the Company to develop forward-looking statements include the following: the Sisson Project will obtain all required environmental and other permits for construction of the mine, the Sisson Project will achieve targeted production levels; the Company's study and development of the Sisson Project will continue to be positive; contracted parties provide goods and/or services on the agreed timeframes; equipment necessary for construction and development is available and does not incur unforeseen breakdowns; no material labour slowdowns or strikes are incurred; plant and equipment functions as specified; geological or financial parameters do not necessitate future mine plan changes; and no geological or technical problems occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and regulatory approvals, fluctuations in market prices, exploitation and exploration successes, continuity of mineralization, potential environmental issues and liabilities associated with exploration, development and mining activities, uncertainties related to the ability to obtain necessary environmental, land use and other permits, approvals, licenses and title on a timely basis and delays due to third party opposition, and development of properties located within First Nations treaty and asserted territories may affect or be perceived to affect treaty and asserted aboriginal rights and title, which may cause permitting delays or opposition by First Nations communities, changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
SOURCE Northcliff Resources Ltd.
For further information: Greg Davidson, Community Relations Manager, 506-455-0530, [email protected]; Chris Zahovskis, President and CEO, Northcliff Resources Ltd.