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News Releases

Northcliff Achieves Major Permitting Milestone for the Sisson Project



July 10, 2019  Vancouver, BC - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF), on behalf of Sisson Mines Ltd., the general partner of the Sisson Project Limited Partnership (the "Sisson Partnership") is pleased to announce that the Sisson Tungsten-Molybdenum Project (the "Sisson Project") has received a final key federal authorization for the project.

Following extensive consultation with First Nations and the public, led by federal agencies Environment Canada and Climate Change and Department of Fisheries and Oceans, the Metal and Diamond Effluent Regulation Schedule 2 amendment ("MDMER") authorization process is now successfully completed. Through this process, project designs regarding the placement of the tailings facility, the tailings technology to be used and the fish habitat compensation plan for the Sisson Project were thoroughly reviewed and the result has been published in the Canada Gazette, Part II: Metal and Diamond Mining Effluent Regulations --- Regulations Amending Fisheries Act SOR/2019-245 25/06/19

"Completion of the MDMER amendment represents an important milestone toward project development," said Northcliff President & CEO Chris Zahovskis.

Prior to the MDMER, the Sisson Project received Environmental Impact Assessment ("EIA") approvals from the provincial and federal governments in 2015 and 2017 respectively. A Cooperation Agreement between Woodstock First Nation and Sisson Partnership is in place and the Province of New Brunswick has signed an Accommodation Agreement with the six Maliseet First Nations of the province. The Company has also been engaged on optimizing engineering designs and soliciting offtake interest for the mine products as well as working through the provincial EIA conditions, some of which are required to be complied with prior to the start of construction and others in the operation phase. In addition, discussions to secure project financing are progressing.

The outlook for tungsten remains robust for the mid to long term and new, western-based tungsten projects are needed to meet forecast demand growth. As a projected long-life, low cost producer in an excellent geographical location with ready access to markets in North America, Europe and Asia through existing infrastructure, the Sisson Project is a strategic asset for the region.

About Northcliff Resources Ltd.
Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, 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.

Christopher Zahovskis
President & 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 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 occur.  Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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.

 
 

News Releases

Northcliff Announces New CFO



April 5, 2019, Vancouver, BC - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that Andrew Ing has joined the Company as Chief Financial Officer ("CFO"), replacing Mark Peters who has resigned from his role with the Company to pursue other opportunities.

Mr. Ing has more than 10 years of experience in the natural resources sector, focusing on corporate development activities with an emphasis on capital finance, business agreement negotiations and risk management. He previously held positions with professional services firms PricewaterhouseCoopers and Deloitte Touché Tohmatsu, providing advisory services to mining companies in Asia, Europe and the Americas.

Mr. Ing holds Chartered Professional Accountant and Corporate Finance designations, as well as specialized designations in corporate governance, internal audit and the strategic management of information technology.

About Northcliff
Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project, located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can move on to the next stage of development. For further details on Northcliff and the Sisson Tungsten-Molybdenum Project please contact visit Northcliff's website: www.northcliffresources.com. Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114.

Chris Zahovskis
President & 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 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 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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.

 
 

News Releases

Todd Minerals Nominates New Director to Northcliff Board



February 22, 2019 - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that Mr. Michael Wolley has been nominated by Todd Minerals Limited ("Todd") as its representative on Northcliff's board of directors, replacing Mr. Jacob Roorda, Todd's previous board representative. Mr. Michael Wolley will also continue to serve as Todd's board representative for Sisson Mines Ltd., the general partner of the Sisson Project Limited Partnership. Mr. Wolley is replacing Mr. Jacob Roorda who has served as the Todd nominee on the Board. "We thank Jake for his service and contribution to the Company and welcome Michael as a director," said Marchand Snyman, Chairman.

Mr. Wolley holds a first class honours degree in Chemical and Materials Engineering from the University of Auckland and a Masters of Management from the Macquarie Graduate School of Management. He spent 15 years with Mobil Oil Australia in a range of roles including engineering, operations, strategic planning and business development in Australia and New Zealand. In 1995, he left Mobil to pursue opportunities in Asia Pacific and worked in a number of senior executive roles in the manufacturing and industrial sectors including a period as President of BlueScope Steel China.

In 2007, Mr. Wolley returned to the resources sector as Chief Operating Officer of Lynas Corporation, an ASX 100 business, and subsequently into the gold sector where he is a Director of Red Mountain Mining, an ASX listed gold development business.

Mr. Wolley was appointed Vice President Corporate Development of the Todd Corporation in 2011. In February 2013, he was appointed to the role of Vice President Minerals, based in Sydney. Mr. Wolley is a Director of ASX listed Flinders Mines. He is a member of the Australian Institute of Chartered Directors and the Institute of Directors in New Zealand.

About Northcliff

Northcliff is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project, located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can move on to the next stage of development. For further details on Northcliff and the Sisson Tungsten-Molybdenum Project please contact visit Northcliff's website: www.northcliffresources.com. Investor services can be reached at (604) 684-6365 or within North America at 1-800-667-2114.

Chris Zahovskis
President & 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 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 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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.
 
 

News Releases

Northcliff Provides Project Update on the Sisson Project



April 17, 2018 Vancouver, BC - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF), on behalf of Sisson Mines Ltd., the general partner of the Sisson Project Limited Partnership (the "Partnership") is pleased to provide a project update on the Company's Sisson Tungsten-Molybdenum Project (the "Sisson Project").

Since the positive federal environmental assessment ("EIA") decision in mid-2017 (see Northcliff news release dated June 23, 2017), the Partnership has been engaged in advancing various key permits needed for the next stage of development. The Company reports that the MMER Schedule 2 amendment process is proceeding with the required consultation, led by Environment Canada and Climate Change (ECCC), and looks forward to a timely conclusion. In parallel, the Partnership is working with the province and advancing its applications for the Crownland and Mining Leases needed for construction and operation of a mine.

Ongoing engineering studies are also underway to further optimize the project; this work is focused primarily on reducing capital and operating costs. The Partnership is also now well advanced in its multi- year metallurgical optimization program conducted under the planning and supervision of Bomenco Minerals Engineering & Consulting Inc. ("Bomenco") at the Lakefield, Ontario facility of SGS Mineral Services Canada. Bomenco has long-term involvement with the Sisson Project, beginning in 2008 and continuing since Northcliff earned in its interest in 2010, including the 2013 Sisson Project feasibility study. The objective of this metallurgical program is to assess the potential to improve the grade of the tungsten concentrate produced by the proposed concentrator for the Sisson Project, while maintaining metallurgically optimal tungsten recoveries.

The commodity prices for Sisson's products have recovered from their lows in 2015; Ammonium Paratungstate (APT) prices have recently traded at $330/mtu (London Metals Bulletin) with molybdenum prices reaching $12.50/lb (Platts Metals Daily). Mid to longer term fundamentals for tungsten and molybdenum remain robust, including price forecasts.

Discussions with potential offtake groups continue in parallel with project financing efforts.

In the meantime, the Partnership's work with local New Brunswick groups on various initiatives are ongoing; these initiatives include education, training and environmental monitoring some of which are included in the provincial EIA conditions. As well, the Partnership is working with Woodstock First Nation in accordance with the Cooperation Agreement (see Northcliff news release March 2, 2017). The Company looks forward to completing the key permit requirements in a timely manner and in the meantime, it will remain focused on the other activities required to move the project towards construction.

About Northcliff Resources Ltd.

Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of the Feasibility Study completed in January 2013 confirm that the Sisson Project is technically and economically feasible and can move on to the next stage of development.

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.

Christopher Zahovskis
President & 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 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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.

 
 

News Releases

Positive Federal Environmental Assessment Decision - Sisson Mine Project



June 23, 2017 Fredericton, New Brunswick - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF), on behalf of Sisson Mines Ltd., is pleased to announce that the Federal Cabinet has approved the Sisson Tungsten and Molybdenum Mine Project, after a rigorous federal environmental assessment under the Canadian Environmental Assessment Act ("CEAA").

The Minister of Fisheries, Oceans and the Canadian Coast Guard, the Honourable Dominic LeBlanc, who recommended approval of the project was quoted in a news release by the New Brunswick government:
"The Sisson project will bring about significant new economic opportunities to the people of New Brunswick," said federal Fisheries, Oceans and Canadian Coast Guard Minister Dominic LeBlanc. "During construction and operations, it will create jobs and generate business opportunities, for Indigenous peoples and nearby communities. This project will also help rejuvenate New Brunswick's mining industry and add a source of tungsten to Canada's mineral production."
Northcliff President & CEO Chris Zahovskis said, "Successful completion of the environmental assessment process is an important milestone in the development of the Sisson Mine. The decision reinforces the thoroughness of the environmental assessment submitted by the Sisson Partnership, reflecting our commitment to create a project that will bring economic benefits to New Brunswick while protecting the environment. Our focus now will be on securing offtake and financing to advance the project."

Documentation related to CEAA review process for the Sisson Mine Project, including the Decision Statement and the Environmental Assessment Report, can be accessed from the Canadian Environmental Assessment Registry website http://ceaa-acee.gc.ca/050/details-eng.cfm?evaluation=63169

About Northcliff
Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of a 2013 Feasibility Study confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of development. For further details on Northcliff, visit the Company's website at www.northcliffresources.com or call Investor Relations at 1-800-667-2114.

About the Sisson Partnership
The Sisson Partnership, owned by Northcliff and Todd Minerals Ltd., a subsidiary of the family owned Todd Corporation, is responsible for the development of the Sisson Project. Sisson Mines Ltd. Is the operating entity of the Sisson Partnership. For details on the Sisson Partnership, visit the Sisson Project website: www.sissonpartnership.com.

Chris Zahovskis
President & CEO

For more information:
Greg Davidson, Community Relations Manager
506-455-0530
GregDavidson@northcliffresources.com

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 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 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, exploration 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 Nation communities, 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.


View Media Release in PDF Format
 
 

News Releases

New Brunswick Accepts Sisson Project Final Environmental Impact Assessment Report



March 2, 2015 Fredericton, New Brunswick - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF), on behalf of Sisson Mines Ltd., is pleased to announce that a review of the Sisson Project Draft Environmental Impact Assessment Report ("EIA Report") has now been completed by the New Brunswick Department of Environment and Local Government ("NBDELG"). The updated Final EIA Report has been deemed acceptable by NBDELG for public consultation. The details of the public consultation process and duration will be announced by NBDELG within the next month.

Northcliff President & CEO Chris Zahovskis said, "The acceptance of the Sisson Project Final EIA Report represents a critical milestone for Northcliff and advances our goal of creating a significant new North American tungsten producer. We look forward to the public consultation period as it marks one of the final steps in the provincial EIA process. It will give the public an opportunity to review our comprehensive plans to build and operate an environmentally sound and socially responsible project that will provide significant benefits in the Province of New Brunswick."

About Northcliff

Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of a 2013 Feasibility Study confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of development.

For further details on Northcliff, visit the Company's website at www.northcliffresources.com and on the Sisson Project, visit the project website at www.sissonpartnership.com.

Chris Zahovskis,
President & CEO

For more information:
Greg Davidson
Community Relations Manager
506-455-0530


Investor Services
1-800-667-2114

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 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 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, exploration 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 Nation communities, 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.
 
 

News Releases

Northcliff Resources Achieves Second Milestone for Additional Funding from Todd



October 16, 2014 Fredericton, New Brunswick - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that Todd Minerals Ltd. ("Todd") has advanced the third and final tranche of $4 million in funding as part of the consideration for its initial 11.5% interest in the advanced-stage Sisson Tungsten-Molybdenum Project ("Sisson Project"), located in New Brunswick, Canada.

Todd and Northcliff entered into a limited partnership agreement on October 16, 2013 to advance and operate the Sisson Project under the name of the Sisson Project Limited Partnership (the "Limited Partnership"). Todd acquired the right to an initial 11.5% interest in the Limited Partnership by investing $14 million on a staged basis. Todd's investment is now complete and the 11.5% interest has fully vested. Todd also holds an option to acquire an additional 10% interest in the Limited Partnership (for a total potential interest of 21.5% in the Limited Partnership) by investing $20 million in the Limited Partnership upon a final investment decision to commence construction.

In addition to its interest in the Limited Partnership, Todd completed a $5 million private placement for 15% of Northcliff on October 16, 2013 and is currently Northcliff's largest shareholder. Todd retains the right to participate pro rata in any future common share offering of Northcliff. Todd has agreed that it will not, subject to certain exceptions, sell its shares in Northcliff for a 24 month period.

Northcliff President & CEO Chris Zahovskis said, "We are pleased that Todd's interest in the project has now vested as Todd is a strategic long term partner in the Sisson Project. The Limited Partnership is focused on advancing the EIA process with both the provincial and federal governments, a decision on which is expected in the near term, as well as offtake marketing, project design and project financing."

Todd Group CEO, Jon Young said, "Todd Minerals remains committed to the Sisson Project as it advances through this next stage of development and progresses towards a final investment decision. Tungsten fundamentals remain sound and the Sisson Project is a key project to bring reliable supply to the tungsten industry."

About Northcliff

Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of development. For further details on Northcliff visit Northcliff's website: www.northcliffresources.com and on the Sisson Project visit the project website at www.sissonproject.com.

About Todd Minerals Ltd. and Todd Corporation

Todd is the subsidiary of Todd Corporation charged with the development of Todd Corporation's mineral and coal investments. Todd Corporation is family owned and is one of New Zealand's largest and most successful companies. The company has interests in oil and gas exploration and production, electricity generation, energy retailing, property development, healthcare, telecommunications and wine. Todd Minerals Ltd. is headquartered at The Todd Building, 95 Customhouse Quay, PO Box 3141, Wellington, New Zealand.

Chris Zahovskis,
President & CEO
Northcliff Resources Ltd.

Jon Young,
Group Chief Executive Officer
The Todd Corporation

For more information:
Dan Gibbons,
Investor Relations
Northcliff Resources Ltd.
778-373-6908
Mike Munro,
Group Manager Corporate Affairs
The Todd Corporation Limited
+64 4 917 8852


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 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 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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.
 
 

News Releases

Northcliff Announces Launch of New Sisson Project Website and Branding - "The Sisson Partnership"



July 31, 2014 Fredericton, New Brunswick - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce it has launched a new project website and branding for the Sisson Project.

The Sisson Partnership, owned by Northcliff and Todd Minerals Ltd. ("Todd Minerals") is responsible for all aspects of the proposed Sisson Tungsten-Molybdenum Project in central New Brunswick. Northcliff holds a controlling interest in and is the operator of the Sisson Partnership.

The updated branding reflects both the partnership and the advancing nature of the Sisson Project, and positions the project for the next stage of development.

Northcliff CEO Christopher Zahovskis said, "We are proud to introduce a new brand and logo that represents the evolving nature of the Sisson Project. This new website and branding allows us to focus on providing up-to-date project related news and information about the Sisson Project. Our new branding and logo represent the partnership we have with Todd Minerals, and also the partnership we are developing with the people of New Brunswick. The Sisson Project is still being advanced by the same group of dedicated professionals and we remain committed to the responsible development of a strategic asset that will deliver significant benefits to New Brunswick."

Please visit our new project website at: www.sissonpartnership.com.

Information on Northcliff can be found at: www.northcliffresources.com.

About The Sisson Partnership

Northcliff and Todd Minerals entered into a limited partnership agreement under the name of the Sisson Project Limited Partnership (the "Limited Partnership") in which Todd Minerals acquired an initial 11.5% interest for an initial contribution of $14 million in the Sisson Project on a staged basis, of which $10 million has been invested so far. Todd Minerals also made an investment into Northcliff, and currently owns approximately 15% of the Company. In addition, Todd Minerals has the option to acquire an additional 10% interest in the Limited Partnership by investing $20 million upon a final investment decision to commence construction.

About Northcliff Resources Ltd.

Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of development.

Christopher Zahovskis
President & CEO

For more information:

Greg Davidson, Community Relations Manager
506-455-0530 |

Dan Gibbons, Investor Relations
778-373-6908

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 permitting, exploration drilling, exploitation activities and events or developments that the Northcliff expects, are forward-looking statements. Although Northcliff 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 Northcliff to develop forward-looking statements include the following: the Sisson Project will obtain all required environmental and other permits for construction of the mine, the Sisson Project will achieve targeted production levels; 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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 Northcliff, investors should review the Northcliff's continuous disclosure filings that are available at www.sedar.com.
 
 

News Releases

Northcliff Announces: Sisson Project Engineering Contract Awarded to Jacobs



June 4, 2014 Fredericton, New Brunswick - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that Sisson Mines Ltd., as general partner of the Sisson Project Limited Partnership (the "Limited Partnership") has awarded Jacobs Minerals Canada Inc. ("Jacobs") the Value and Basic Engineering contract for the Sisson Tungsten-Molybdenum Project located in central New Brunswick, Canada. Under the terms of the contract, Jacobs will further define the engineering plans for the Sisson Project plant site and associated infrastructure in order to refine capital expenditure and operating costs of the proposed mine.

Christopher Zahovskis, Director of Sisson Mines said, "Jacobs is one of the world's largest and most diverse full service engineering companies. They have significant experience transitioning mining projects from feasibility phase through to construction. In addition, they have a large presence in New Brunswick with more than 600 employees engaged in a number of contracts. This award of the Value and Basic Engineering contract marks an important milestone and moves the Sisson Project closer to a final construction decision."

The Value and Basic Engineering contract with Jacobs includes requesting bids for long lead time mineral processing equipment. In addition, Jacobs will solicit indicative pricing from New Brunswick vendors, suppliers and contractors for certain services and equipment that are locally available. To support this work, Jacobs and Northcliff expect to hold a Contractor Information Session in Fredericton before the end of 2014.

Sisson Mines Ltd. expects to move from value and basic engineering into detailed engineering toward the end of the year. In the meantime, the provincial and federal Environmental Impact Assessment review process continues and the Company is simultaneously progressing with offtake and project finance discussions.

About Northcliff

Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of development. The Sisson Project is being advanced through a Limited Partnership between Northcliff and Todd Minerals Ltd. For further details on Northcliff and the Sisson Tungsten-Molybdenum Project please visit Northcliff's website: www.northcliffresources.com.

Christopher Zahovskis
President & CEO

For more information:

Greg Davidson, Community Relations Manager
506-455-0530 |

Dan Gibbons, Investor Relations
778-373-6908

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 permitting, exploration drilling, exploitation activities and events or developments that the Northcliff expects, are forward-looking statements. Although Northcliff 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 Northcliff to develop forward-looking statements include the following: the Sisson Project will obtain all required environmental and other permits for construction of the mine, the Sisson Project will achieve targeted production levels; 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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 Northcliff, investors should review the Northcliff's continuous disclosure filings that are available at www.sedar.com.
 
 

News Releases

Northcliff Resources achieves First Milestone for additional Funding from Todd



April 15, 2014 Fredericton, New Brunswick - Northcliff Resources Ltd. ("Northcliff") (TSX: NCF) is pleased to announce that Todd Minerals Ltd. ("Todd") has advanced the second tranche of $5 million in funding as part of the consideration for its initial 11.5% project interest.

Todd and Northcliff entered into a limited partnership agreement on October 16, 2013 under the name of the Sisson Project Limited Partnership (the "Limited Partnership") to advance and operate the Sisson Project. Todd acquired the right to an initial 11.5% interest in the Limited Partnership by investing $14 million on a staged basis. The initial investment by Todd into the project was agreed to be made in three tranches with the first tranche of $5 million paid on the execution date. This second tranche of $5 million in funding has been paid on achievement of agreed project milestones, including the formal solicitation of tungsten and molybdenum offtake interest in Sisson's product from potential offtake groups and the appointment of Societe Generale as the Project's financial advisor. The final tranche of $4 million will be made by Todd upon completion of additional agreed project milestones, which is targeted to occur later this year.

Northcliff President & CEO Chris Zahovskis said, "Todd is a strategic partner in the Sisson Project and an important investor into New Brunswick's mining potential. With Todd's financial support, we have been able to further advance the Sisson Project on the Environmental Impact Assessment process, initiate key permit applications and begin basic engineering in critical project areas. Most notably, this has included hiring key executives to our team as well as engaging third party consultants during the last 6 months. We are currently preparing to hire an engineering firm to undertake the overall basic engineering of the Project while we work to secure offtake interest in Sisson's products and arrange the remaining financing for development."

Todd Group CEO, Jon Young said, "Todd, through its partnership with Northcliff, is pleased with the progress Northcliff management has made to date on Sisson. Todd is very committed to safety, sustainability and developing resource projects responsibly. Last month, the Todd Board had an orientation at the project site, coupled with a visit to Fredericton, which included introductions to various stakeholder groups and government representatives. We are looking forward to further supporting the Sisson project and making continued investment into the Province of New Brunswick in a mining project that can have lasting benefits for decades to come."

In addition to its interest in the Limited Partnership, Todd also completed a $5 million private placement on October 16, 2013 for 15% of Northcliff common shares. Todd retains the right to participate pro rata in any future common share offering of Northcliff. Todd has agreed that it will not, subject to certain exceptions, sell its shares in Northcliff for a 24-month period. Todd also holds an option to acquire an additional 10% interest in the Limited Partnership (for a total potential interest of 21.5% in the Limited Partnership) by investing $20 million in the Limited Partnership upon a final investment decision to commence construction.

About Northcliff

Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of development. For further details on Northcliff and the Sisson Tungsten-Molybdenum Project please visit Northcliff's website: www.northcliffresources.com.

About Todd Minerals Ltd. and Todd Corporation

Todd is the subsidiary of Todd Corporation charged with the development of Todd Corporation's mineral and coal investments. Todd Corporation is family owned and is one of New Zealand's largest and most successful companies. The company has interests in oil and gas exploration and production, electricity generation, energy retailing, property development, healthcare, telecommunications and wine. Todd Minerals Ltd. is headquartered at The Todd Building, 95 Customhouse Quay, PO Box 3141, Wellington, New Zealand. Todd has agreed to purchase the Northcliff common shares for investment purposes and may or may not purchase or sell Northcliff securities in the future on the open market or in private transactions, depending on market conditions and other factors. The Northcliff securities were acquired pursuant to the minimum amount investment exemption under applicable securities laws.

Chris Zahovskis, President & CEO
Northcliff Resources Ltd.

Jon Young, Group Chief Executive Officer
The Todd Corporation

For more information:
Dan Gibbons, Investor Relations
Northcliff Resources Ltd.
778-373-6908
Mike Munro, Group Manager Corporate Affairs
The Todd Corporation Limited
+64 4 917 8852

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 permitting, exploration drilling, exploitation activities and events or developments that the Northcliff expects, are forward-looking statements. Although Northcliff 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 Northcliff to develop forward-looking statements include the following: the Sisson Project will obtain all required environmental and other permits for construction of the mine, the Sisson Project will achieve targeted production levels; 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 occur. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and 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, 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 Northcliff, investors should review the Northcliff's continuous disclosure filings that are available at www.sedar.com.
 

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