Published: November 28, 2023 |

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Northcliff Resources Ltd. has released an update on its Sisson Tungsten-Molybdenum Project, a critical minerals project located in New Brunswick.

In 2023, the company advanced its Sisson Project work plan:

• Geotechnical drilling and testing field program (phase 1 drilling
  program):
    • The phase 1 drilling program, designed to provide information on the site characterization and support
    additional design detail of the tailings storage facility is completed.
    • The phase 1 drilling program will also support other ongoing engineering related activities and respond to
    certain provincial environmental impact assessment (EIA) conditions prior to the start of construction.

• Archeological work program (phase 1 field program):
    • The phase 1 field program underway involves mitigation activities in compliance of EIA conditions, and the
    development of a heritage resource protocol and related activities.

• Discussions regarding an engagement plan to address EIA conditions of significance to First Nations continue.

• Continue to address other conditions associated with the three-year extension to the construction
  commencement timeline for the Sisson Project to December 3, 2025 granted by New Brunswick’s Minister of
  Department of Environment and Climate Change.

“With the support of local contractors, vendors, community, and consultants, we have successfully completed phase 1 geotechnical drilling and are advancing phase 1 archeological work. I would like to thank the local contractors for their assistance, as we continue to advance the Sisson Project toward construction,” said Andrew Ing, CEO.

“Planning for field work in 2024 is underway.  We will continue to work collaboratively with the regulators in New Brunswick and First Nations as we address EIA conditions,” added Ing.

The company also continues to advance offtake and project finance discussions with interested parties and pursue funding opportunities under the Critical Minerals Joint Action Plan between Canada and the United States.

Northcliff recently participated in the International Tungsten Industry and Association (ITIA) Annual Conference, held in Osaka, Japan, in October 2023. Discussions on offtake and finance were held with off-takers, investors, supply chain companies, and tungsten industry leaders. 

“Favorable meetings with the conference participants were held during ITIA. These discussions included status of the Sisson Project as a strategic asset, as well as momentum gained from the execution of the field program and ongoing corporate activities driving toward the construction commencement timeline of December 2025,” said Ing.

The company will also be featured in Canadian Mining Magazine’s winter edition publication with an article on critical minerals and its Sisson Project to be published in January 2024 ahead of Prospectors & Developers Association of Canada annual conference in March 2024.

Northcliff Resources is a mineral resource company focused on advancing the feasibility stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. Northcliff owns an 88.5 percent interest in the Sisson partnership, which owns the Sisson Tungsten-Molybdenum Project. Todd Corporation holds an 11.5 percent interest in the Sisson partnership and owns 76.63 percent of the issued and outstanding shares of Northcliff.

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