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NCF Northcliff Resources Ltd

0.02
-0.005 (-20.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Northcliff Resources Ltd TSX:NCF Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.005 -20.00% 0.02 0.02 0.025 0.025 0.02 0.025 1,029,140 15:10:10

NORTHCLIFF OBTAINS EXTENDED INJUNCTION TO CONTINUE SISSON PROJECT DRILLING AND WORK PROGRAM

30/08/2023 12:45pm

PR Newswire (Canada)


Northcliff Resources (TSX:NCF)
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VANCOUVER, BC, Aug. 30, 2023 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) reports that further to its release of August 24, 2023, Northcliff and Sisson Project Limited Partnership ("Sisson LP") obtained an injunction against two (2) known individuals and other persons, and against other persons unknown, who have interfered with and obstructed the 2023 fieldwork and drilling program that is required for the Sisson Project to move forward.  At the hearing held on August 29, 2023, the injunction was extended for an indefinite period by the Court, which will schedule a hearing to review the injunction period at a later date.

About Northcliff Resources Ltd.

Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project in New Brunswick, Canada, through completion of engineering, permitting, financing and off take activities, and to production. 

Additional information on Northcliff is available on the website at www.northcliffresources.com.  Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114.

On behalf of the Board of Directors
Andrew Ing
CEO

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address the in-progress financing, permitting, exploration drilling, exploitation activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements.  Assumptions used by the Company to develop forward-looking statements include the following: the Company will be successful in its injunctive relief and be able to resume its drilling and work program at the Sisson Project, the Sisson Project will obtain all required environmental and other permits for construction of the mine, the Sisson Project will achieve targeted production levels; the Company's study and development of the Sisson Project will continue to be positive; contracted parties provide goods and/or services on the agreed timeframes; equipment necessary for construction and development is available and does not incur unforeseen breakdowns; no material labour slowdowns or strikes are incurred; plant and equipment functions as specified; geological or financial parameters do not necessitate future mine plan changes; and no geological or technical problems will occur.  Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for regulatory approvals, fluctuations in market prices, exploitation and exploration successes, continuity of mineralization, potential environmental issues and liabilities associated with exploration, development and mining activities, uncertainties related to the ability to obtain necessary environmental, land use and other permits, approvals, licenses and title on a timely basis and delays due to third party opposition, and development of properties located within First Nations treaty and asserted territories may affect or be perceived to affect treaty and asserted aboriginal rights and title, which may cause permitting delays or opposition by First Nations communities, including the unlawful activities that necessitated the Company to seek injunctive relief described above, changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

SOURCE Northcliff Resources Ltd.

Copyright 2023 Canada NewsWire

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