UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
CIK #1164771
As at November 5, 2009
NORTHERN
DYNASTY MINERALS LTD.
800 West Pender Street, Suite 1020
Vancouver, British Columbia
Canada V6C 2V6
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F....... Form 40-F.... X.....
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of
a Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes ..... No .....
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- ________
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
By: /s/ Marchand Snyman
Director and Chief Financial Officer
Date: November 5, 2009
Print the name and title of the signing officer under his signature.
1020 - 800 W Pender St.
Vancouver BC
Canada V6C 2V6
Tel 604 684-6365
Fax 604 684-8092
Toll Free 1 800 667-2114
http://www.northerndynasty.com
PEBBLE
FUND PROVIDES SECOND ROUND OF GRANTS
BRISTOL BAY COMMUNITY GROUPS
November
5, 2009, Vancouver, BC -
Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company")
(TSX: NDM; NYSE Amex: NAK) announces that the Pebble Fund for Sustainable
Bristol Bay Fisheries and Communities ("Pebble Fund"), a community
investment fund established by the Pebble Limited Partnership ("PLP"
or "Pebble Partnership") in 2008, has distributed nearly $600,000
in grants to 18 nonprofit groups, school districts, youth projects, village
and tribal council recipients in southwest Alaska this fall.
The second cycle of Pebble Fund grants follows a $1 million contribution
made to 33 non-profit recipients in March 2009. It is estimated that grant
monies provided through the Pebble Fund have leveraged nearly $10 million
in additional funding to support community development projects throughout
the Bristol Bay region. "The Pebble Fund presents the Pebble Partnership
with an effective means of working with local communities to strategically
invest in projects that demonstrably improve socioeconomic opportunities and
quality of life in southwest Alaska," said Ron Thiessen, President &
CEO of Northern Dynasty. "Northern Dynasty is very pleased with both the
quality of community initiatives funded and the decisions taken by the Pebble
Fund advisory board in selecting 18 recipients from a worthy field of
applicants."
The Pebble Fund is administered by the non-profit Alaska Community
Foundation, with grant criteria and successful recipients determined by an
independent advisory board of citizens representing communities from throughout
the Bristol Bay region. Awards fall into four primary categories: renewable
resources/fish; energy; education; and community and economic development.
Some of the projects receiving funding during the fall 2009 cycle of Pebble
Fund grants include: the second phase of a Bristol Bay Elders Action Group
Community Food Bank project to enhance dry goods storage and distribution
of traditional foods; a project to increase access to safe drinking water
and improve public health in the City of Nondalton; an economic development
project of the Pilot Point Tribal Council to support local fishermen through
the purchase of a dock crane for the Dago Creek Dock; among others.
The Pebble Fund was established in February 2008 as a five-year, $5
million commitment to support community-led initiatives that enhance the health
of Bristol Bay fisheries and contribute to a sustainable economic future in
southwest Alaska. The third cycle of Pebble Fund grants will be awarded
next spring.
"The Pebble Partnership made a commitment to help the people of Bristol
Bay before we even have a project, and adopted that commitment as a core principal
in how we will operate," said Pebble Partnership CEO John Shively. "Through
the Pebble Fund we are meeting that commitment and we look forward
to the work they will undertake during the next grant cycle in the spring."
Based in Anchorage, Alaska, the Pebble Partnership was established in July
2007 as a 50:50 partnership between a wholly-owned affiliate of Northern Dynasty
and a wholly-owned subsidiary of Anglo American plc. To retain its 50% interest,
Anglo American is required to continue its staged investment of $1.425 to
$1.5 billion to advance the Pebble Project towards permitting and operations.
Northern Dynasty is a mineral development company, based in Vancouver, Canada.
Its principal assets are a 50% interest in the Pebble copper-gold-molybdenum
deposit in southwest Alaska, 153 square miles of associated resource lands,
as well as a partnership funding agreement with Anglo American. Pebble is
the most important undeveloped porphyry deposit in the United States, and
possesses the grades and size to support a modern, long-life mine.
For further details on Northern Dynasty please visit the Company's website
at www.northerndynasty.com or contact Investor services at (604) 684-6365
or within North America at 1-800-667-2114. Review Canadian public filings
at www.sedar.com and US public filings at www.sec.gov.
Ronald W. Thiessen
President & CEO
Sole
Responsibility
No regulatory authority accepts responsibility for the adequacy or accuracy
of this release.
Northern Dynasty is solely and entirely responsible for the contents of this
news release. No other party, including any parties which have an interest
in the project, are in any way responsible for the contents hereof.
Comments
on Forward Looking Information, Estimates and other Cautionary Factors
This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of
historical facts, especially those that address estimated resource quantities,
grades and contained metals, are forward-looking statements because they are
generally made on the basis of estimation and extrapolation from a limited
number of drill holes and metallurgical studies. Although diamond drill hole
core provides valuable information about the size, shape and geology of an
exploration project, there will always remain a significant degree of uncertainty
in connection with these valuation factors until a deposit has been extensively
drilled on closely spaced centers, which has occurred only in specific areas
on the Pebble Project. Although the Company believes the expectations expressed
in its forward-looking statements are based on reasonable assumptions, such
statements should not be in any way construed as guarantees of the ultimate
size, quality or commercial feasibility of the Pebble Project or of the Company's
future performance. The likelihood of future mining at the Pebble Project is
subject to a large number of risks and will require achievement of a number
of technical, economic and legal objectives, including obtaining
necessary mining and construction permits, completion of pre-feasibility
and final feasibility studies, preparation of all necessary engineering for
underground workings and processing facilities as well as receipt of significant
additional financing to fund these objectives as well as funding mine construction.
Such funding may not be available to the Company on acceptable terms or on
any terms at all. There is no known ore at the Pebble Project and there
is no assurance that the mineralization at the Pebble Project will ever be
classified as ore. The need for compliance with extensive environmental and
socio-economic rules and practices and the requirement for the Company to
obtain government permitting can cause a delay or even abandonment of a mineral
project. The Company is also subject to the specific risks inherent in the
mining business as well as general economic and business conditions. For more
information on the Company, Investors should review the Company's annual
Form 40-F filing with the United States Securities and Exchange Commission
and its home jurisdiction filings that are available at www.sedar.com.