Northern Dynasty Minerals Ltd | Company Profile

The Pebble Project
Northern Dynasty co-owns the Pebble Project with partner Anglo American plc.Located in southwest Alaska, it is the largest,undeveloped copper-gold porphyry system in the world and one of the greatest stores of mineral wealth ever discovered. Pebble is an advanced stage project with the potential to produce one-quarter of America's domestic copper supply for more than 50 years.

Pebble Facts
The Pebble deposit totals 8 billion tonnes and contains 74 billion lb copper, 87 million oz gold and 4 billion lb molybdenum. Since acquiring Pebble in 2001, Northern Dynasty has expanded known mineral resources by 800%. With -850,000 feet of drilling in ~1,000 holes, a significant and growing percentage of mineralization at Pebble is in measured or indicated categories.
Preliminary models suggest Pebble could produce 1.2 billion lb of copper, 900.000 oz of gold and 54 million lb of molybdenum annually.

Path to development
The Pebble Partnership was created in 2007 by Northern Dynasty and Anglo American to design and permit a modern,long-life mine at Pebble. It is on track to complete a Prefeasibility Study in 2009 and secure project permits by 2013.
Pebble is on state land designated for mineral exploration and development, and has undergone more than $100 million in environmental and socioeconomic studies over the past five years. Pebble is located ~1,000 above sea level, just 65 miles from tidewater on Cook Inlet, and enjoys favorable conditions for both mine site and infrastructure development.
Alaska is a progressive jurisdiction. It offers stable and predictable regulatory oversight, an exemplary tradition of hard rock mining, and broad public support for resonsible resource development.

Capital Readiness
Anglo American will fund the next $1.5 billion of project costs to acquire its 50% interest, taking the Pebble Project through permitting and well into construction.
The Pebble Partnership is led by some of Alaska's most respected resource development professionals - including CEO John Shively, former Commissioner of the Alaska Department of Natural Resources.
The Pebble study team includes ~20 senior engineers and technical specialists, many seconded from Anglo American, as well as 58 leading engineering firms and specialized consultancies from the U.S. and around the world. Three of the world's five largest metal companies have an interest in Pebble. In addition to Anglo American, Rio Tinto plc invested $200 million to purchase 19.8% of Northern Dynasty's shares, while Mitsubishi Corp. invested $100 million to purchase a 9.1 share position.

Share Structure
Stock Symbol: TSX:NDM; AMEX:NAK;
Shares Issued: 92,5 million