Northcliff Resources has released a new feasibility study for the Sisson tungsten-molybdenum project in New Brunswick, reporting a post-tax NPV of $6.9 billion. The study highlights significantly improved economics compared to a 2013 study, driven by higher tungsten prices and a revised mine plan.
Northcliff Resources announced positive results from the Feasibility Study Update for its Sisson Project in New Brunswick, Canada. The study forecasts strong financial returns for an open-pit tungsten-molybdenum mine, with a post-tax NPV of $6,915 million and an IRR of 49.8%. The project outlines proven and probable mineral reserves of 276.8 Mt, supporting a 27-year mine life with substantial annual production of both critical minerals.
Great Atlantic Resources has expanded its tungsten-tin land position in the Mount Pleasant area of New Brunswick by staking three new claims, increasing its total area by over 6,000 hectares. The expansion places the company's claims surrounding a former producing tungsten-molybdenum mine and near historical mineralized intercepts.
Great Atlantic Resources has commenced a 2026 prospecting and rock geochemical sampling program at its 100% owned Flume Ridge project in New Brunswick. The company highlights historical tungsten reports from 2009 and 2018 to support the targeting of the southwest region of the claim.
