In January 2013, Northcliff announced the positive results of the Sisson Project Feasibility Study. The Sisson Project is based a large, structurally controlled, intrusion-related tungsten-molybdenum deposit amenable to open pit mining and processing at a rate of 30,000 tonnes per day.
The company submitted the Environmental Impact Assessment (EIA) report on the Sisson Project to federal and provincial regulatory agencies in July 2013 and is progressing through the environmental assessment process.
In October 2013, Northcliff announced Todd Corporation (Todd) of New Zealand as a financing partner for the Sisson Project. Todd completed a staged investment in 2014, and now has an 11.5% interest (and Northcliff an 88.5% interest) in the Sisson Partnership, which owns the Sisson Project.
Northcliff is associated with Hunter Dickinson Inc. (HDI), a diversified, global mining group with more than 25 years of mineral development success.