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.