By Rose Ragsdale
Petroleum News Contributing Writer 

Northern Dynasty uncovers zone rich in molybdenum at Pebble

Company opts for bigger stake in promising Southwest Alaska gold-copper-molybdenum mine

 

Last updated 12/12/2004 at Noon



Northern Dynasty Minerals Ltd. has discovered a new higher-grade zone on the east side of the Pebble gold-copper-molybdenum deposit in southwestern Alaska near Iliamna, Ronald W. Thiessen, the company's president and CEO said Nov. 29.

Pebble, which has a 2.74 billion-ton inferred resource, is believed to contain the largest gold deposit in North America and the second-largest copper deposit.

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