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Northcliff Resources Files Feasibility Study Update for Sisson Project

Northcliff Resources Files Feasibility Study Update for Sisson Project

MT newswireMT newswire2026/10/02 11:15
07:15 AM EDT, 10/02/2026 (MT Newswires) -- Northcliff Resources (NCF.TO) has filed a technical report and feasibility study update for the Sisson project in New Brunswick, which is expected to produce concentrates of tungsten and molybdenum. The technical report showed a post-tax net present value of CA$6.92 billion at an 8% discount rate and an internal rate of return of 49.8%, the company said Thursday. The project has proven and probable mineral reserves of 276.8 million tonnes grading 0.075% tungsten trioxide and 0.023% molybdenum, according to the report. Project construction is expected to be completed in two years.
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