NEW YORK Northcliff Resources Ltd. has signed an
environmental assessment review and capacity funding agreement
with St. Marys First Nation, Woodstock First Nation and
the Assembly of First Nations Chiefs for the Sisson
tungsten-molybdenum project in central New Brunswick.
The agreement provides a framework for Northcliff to provide
funding and in-kind support to all New Brunswick First Nations
to assist their technical review of the Sisson project during
the environmental assessment process.
The Sisson project is within Maliseet traditional territory and
about 31 miles from Woodstock First Nations reserve.
The Vancouver, British Columbia-based company estimates that
Sisson will produce an annual average of 557,000 metric ton
units of tungsten contained in ammonium paratungstate (APT) and
4.1 million pounds of molybdenum contained in concentrates,
according to the studys mine plan. The mine is forecast
to have a lifespan of 27 years.