FREDERICTON, NB, Feb. 10, 2017 /CNW/ - Northcliff Resources Ltd. ("Northcliff") (TSX: NCF) reports on news today that the Province of New Brunswick and New Brunswick's six Maliseet First Nations have entered into an accommodation agreement concerning the development of the Sisson Tungsten-Molybdenum Project ("Sisson Project" or the "Project").
According to the government release, "The provincial government and First Nations have jointly submitted the agreement to the Canadian Environmental Assessment Agency. The agreement will become part of the agency's review, including its "significant effects" determination of how issues have been addressed and mitigated. The provincial government expects this should result in a decision on federal environmental approval within months."
Northcliff President & CEO Chris Zahovskis said "The Sisson Partnership is pleased that the Maliseet First Nations and the province have reached agreement regarding accommodation. Finalizing these agreements is a big step in having the Sisson Mine project move forward."
The Environmental Impact Assessment Report (the "EIA Report") for the Sisson Project was submitted to Canadian Environmental Assessment Agency ("CEAA") and the New Brunswick Department of Environment and Local Government in July 2013. The Company received provincial EIA Report approval on December 3, 2015. As described above, the federal decision from CEAA is pending. Permit applications for construction and operation of the project will be finalized and submitted following a positive federal decision.
About Northcliff Resources Ltd.
Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the 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: www.northcliffresources.com. Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114.
About the Sisson Partnership
The Sisson Partnership, owned by Northcliff and Todd Minerals Ltd., a subsidiary of the family owned Todd Corporation, is responsible for the development of the Sisson Project. Additional information on the Sisson Partnership and Sisson Project is available on the website: www.sissonpartnership.com.
