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Pebble facts.

Publication: Alaska Business Monthly
Publication Date: 01-OCT-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
* Pebble location: 200 miles southwest of Anchorage, about 200 river miles from Bristol Bay. Nearest communities are Iliamna, Nondalton and Newhalen. Located on state mining claims, inside the Lake and Peninsula Borough.

* Pebble surface exposures originally discovered in 1987 by geologist Phil St. George, who staked the property for Cominco American. Although the company didn't initially authorize drilling at the site, St. George moved a rig to Pebble in 1988 and hit high-grade gold veins peripheral to the copper deposit. With company approval, further drilling in 1989 hit copper mineralization.

* Northern Dynasty Minerals Ltd., part of the Hunter Dickinson mine development group, optioned Pebble prospect from Teck Cominco in 2002.

* Northern Dynasty's drilling spending from 2002 through 2006, $50...

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