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Northern Dynasty Minerals Ltd
Symbol NDM
Shares Issued 264,690,247
Close 2016-10-27 C$ 0.97
Market Cap C$ 256,749,540
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Northern Dynasty, EPA enter mediation for Pebble mine

2016-10-27 20:54 ET - News Release

Mr. Ron Thiessen reports

NORTHERN DYNASTY: PEBBLE PARTNERSHIP, EPA AGREE TO MEDIATION TO RESOLVE FACA LITIGATION

Northern Dynasty Minerals Ltd.'s wholly owned subsidiary, Alaska-based Pebble Limited Partnership, and the U.S. Environmental Protection Agency (EPA) have filed a joint notice in federal court stating their intent to enter into mediation in an effort to resolve continuing litigation under the Federal Advisory Committee Act (FACA).

In September, 2014, the Pebble partnership initiated an action in Federal District Court in Alaska, alleging that EPA violated FACA by its close interactions with, and the undue influence of, environmental non-government organizations (ENGOs) and anti-mine activists in developing the Bristol Bay watershed assessment, and its unprecedented, pre-emptive regulatory action under Section 404(c) of the Clean Water Act. In November, 2014, a federal court judge granted PLP's request for a preliminary injunction in the FACA case, prohibiting EPA from taking any further steps toward finalizing its 404(c) regulatory action and signalling that PLP's case had a likelihood of succeeding on its merits.

While discovery and other preparations for court proceedings in the FACA litigation will continue, the joint notice filed in federal court indicates the willingness of both parties to work toward a negotiated resolution to the current impasse.

"Northern Dynasty and EPA share a strong conviction that any mine developed at Pebble must meet the highest environmental standards and protect the fisheries resources of southwest Alaska, or it should not be permitted," said Ron Thiessen, president and chief executive officer. "We are optimistic that a resolution can now be found through mediation that will allow Pebble to propose a development plan for the project, and advance into the federal and state permitting process."

Selection of a mediator will be undertaken jointly by EPA and the Pebble partnership, with mediation talks expected to begin in Washington this fall.

About Northern Dynasty Minerals

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset is the Pebble project in southwest Alaska, United States, an initiative to develop one of the world's most important mineral resources.

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