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Sisson tungsten/molybdenum project, Canada

8th March 2013

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Sisson tungsten/molybdenum project, New Brunswick, Canada.

Client
Northcliff Resources.

Project Description
A feasibility study completed on the Sisson project has confirmed the long-life openpit tungsten and molybdenum development as a technically and economically robust project. The project hosts a 334-million-ton proven and probable reserve, containing 22.2-million-ton units of tungsten trioxide and 154.8-million pounds of molybdenum.

The mine will be developed as an efficient bulk tonnage operation with mine facilities, including an openpit, ore processing plants, a tailings storage facility and ancillary buildings.

An ammonium paratungstate plant will also be built at the project site.

Value
Initial capital expenditures to construct the mine, processing facilities and primary and secondary infrastructure are estimated at $579-million.

Duration
Construction is expected to start in 2014 and commissioning by 2016.

Latest Developments
None stated.

Key Contracts and Suppliers
Samuel Engineering (feasibility study).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Northcliff Resources, tel +1 604 684 6365,fax +1 604 684 8092 or email info@hdimining.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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