Mr. Ronald Thiessen reports

NORTHERN DYNASTY RETAINS SENIOR MINING EXECUTIVE AND M&A SPECIALIST ADAM CHODOS TO SERVE AS EVP, CORPORATE DEVELOPMENT

Northern Dynasty Minerals Ltd. has hired Adam Chodos, a senior mining industry executive with more than 19 years of experience in corporate development and investment banking advisory, to serve as its executive vice-president, corporate development.

Mr. Chodos was most recently a director of corporate development for Teck Resources and, prior to that, was a group executive with Newmont's corporate development team. Before joining Newmont, Mr. Chodos spent nine years as an investment banker with J.P. Morgan Securities Inc., in New York, specializing in the natural resources sector. Over the course of his career, he has played a significant role in more than $28-billion (U.S.) of mergers, acquisitions, divestitures and capital markets transactions.

"We're pleased to have an executive with Adam's corporate and banking experience, his skills and knowledge in the world of mining M&A, and his global contacts and reputation join the Northern Dynasty team at this critical juncture in the company's development," said Ron Thiessen, Northern Dynasty president and chief executive officer.

"With a resoundingly favourable final environmental impact statement for the Pebble project received last month, a record of decision on the project's key federal permits expected within weeks, and the initiation of an investment banking process to secure a major mining company or consortium of companies to become a partner in the Pebble enterprise, the timing for this addition to our corporate team could not be better."

Mr. Chodos's principal focus, over the next 12 months, will be leading a process to qualify and secure a major financing partner(s) for southwestern Alaska's Pebble project, preferably via Northern Dynasty's 100-per-cent-owned U.S.-based subsidiary, Pebble LP. Whether a global mining operator or a consortium of minerals sector and financing interests, Northern Dynasty's goal is to involve incoming parties in the final stages of project evaluation, design and permitting.

"It's an exciting time to join the Northern Dynasty and Pebble partnership team," Mr. Chodos said. "Not only does Pebble represent one of the truly great mineral development opportunities in the world today, it is achieving some key permitting milestones at a time when gold, copper and other mineral commodity prices are surging, and the world is waking up to a new phase of M&A activity in anticipation of a coming bull market in mining and metals.

"I look forward to working with Ron (Thiessen), Pebble partnership CEO Tom Collier, and the rest of the Northern Dynasty and Pebble teams to help capture the value of this remarkable asset for the benefit of all of our stakeholders."

About Northern Dynasty Minerals Ltd.

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, is a 100-per-cent interest in a contiguous block of 2,402 mineral claims in southwest Alaska, including the Pebble deposit.

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