TUNGSTEN: Deal reached for Northcliff’s Sisson project

NEW BRUNSWICK – Northcliff Resources of Fredericton, the province of New Brunswick, and the province’s six Maliseet First Nations have entered into an accommodation agreement concerning the development of the Sisson tungsten-molybdenum project. The project, 60 km northwest of Fredericton, is 88.5% owned by Northcliff and 11.5% by Todd Minerals, a subsidiary of a New Zealand company. [caption id="attachment_1003717155" align="alignleft" width="300"] Proposed site map and infrastructure for the Sisson mine and mill.[/caption] The agreement will become part of the Canadian Environmental Assessment Agency’s review of the Sisson project. A federal decision is expected in a few months. The project has already been approved by the New Brunswick Department of Environment and local government. A feasibility study for the Sisson project was completed in 2013. It proposed an open pit and 30,000-t/d mineral processing facility to make tungsten and molybdenum concentrates as well as ammonium paratungstate. The deposit has proven and probable reserves of 334.4 million tonnes grading 0.066% tungsten trioxide and 0.021% molybdenum. Detailed information about the Sisson project is available at www.SissonPartnership.com.