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.