Northern Dynasty confirms $80 million work program to advance the Pebble Project in 2013

   Northern Dynasty confirms $80 million work program to advance the Pebble
                               Project in 2013

PR Newswire

VANCOUVER, April 22, 2013

VANCOUVER, April  22,  2013  /PRNewswire/ -  Northern  Dynasty  Minerals  Ltd. 
("Northern Dynasty" or the "Company") (TSX: NDM; NYSE MKT: NAK) announces that
the Board  of Directors  of Pebble  Mines Corp.,  the general  partner of  the 
Pebble Limited Partnership (the "Pebble Partnership" or "PLP") has approved  a 
budget of approximately US$80 million to  advance the Pebble Project in  2013, 
with the goal of initiating permitting under the National Environmental Policy
Act (NEPA) before the end of the year.

"Following a very  substantial pre-permitting  planning program  and years  of 
comprehensive study, the Pebble Partnership is now nearing the final stages of
completing its  Project Description  for the  Pebble Project,"  said  Northern 
Dynasty President & CEO Ronald Thiessen.  "By the time the Pebble  Partnership 
triggers permitting  under  NEPA, more  than  US$700 million  will  have  been 
invested to  ensure  a robust  project  design from  a  technical,  financial, 
environmental and social perspective. PLP fully expects that the rigor of that
work will be  recognized and reflected  in the outcome  and efficiency of  the 
NEPA permitting process."

Since the Pebble  Partnership was established  in July 2007,  a subsidiary  of 
Anglo American  plc  has  invested approximately  US$500  million  to  advance 
engineering, environmental and socioeconomic  studies. When added to  Northern 
Dynasty's initial $180 million contribution, investments in the Pebble Project
total $680 million. This year the budgeted US$80 million expenditures for  the 
Pebble Project will include:

  *engineering studies to complete a Project Description and advance a
    Prefeasibility Study (PFS);

  *continued environmental monitoring studies in key areas including
    groundwater hydrology, water quality and fisheries resources;

  *site investigations, including exploration, geotechnical and metallurgical
    drilling, as well as geo-hydrological testing; and

  *stakeholder engagement and public affairs programming, workforce and
    business development initiatives, public education and community

"The Pebble Partnership will soon release a National Economic Impact Study  of 
the Pebble Project,  which together  with the Workforce  Development Plan  and 
project planning updates will form the basis for an enhanced public engagement
initiative this year," Thiessen said. "The Pebble Partnership will continue to
meet and consult with people and communities throughout southwest Alaska about
the many  aspects  of  this  project, while  listening  to  their  issues  and 
questions and describing how the Pebble Project will be built and operated  to 
co-exist with  clean  water and  healthy  fisheries, and  provide  significant 
benefits to the region and country."

About the Pebble Project

The Pebble Project is an initiative  of the Pebble Partnership to  responsibly 
develop  a  globally  significant  copper,  gold  and  molybdenum  deposit  in 
southwest Alaska into a  modern, long-life mine, which  will benefit not  only 
the proponent and its partners, but the people, culture and industries of  the 
State of Alaska, as well as suppliers, consultants and industries in the Lower
48 United States  of America. The  project is located  200 miles southwest  of 
Anchorage on state land designated for mineral exploration and development. It
is situated  in a  region of  rolling tundra  approximately 1,000  feet  above 
sea-level, 65  miles from  tidewater  on Cook  Inlet and  presents  favourable 
conditions for successful mine site and infrastructure development.

The Pebble Project consists of the Pebble deposit, surrounding mineral  claims 
and a stream of financing being provided by Northern Dynasty's project partner
Anglo American US (Pebble) LLC. The Pebble Partnership was established in July
2007 as  a 50:50  partnership  between a  wholly-owned affiliate  of  Northern 
Dynasty and a  wholly-owned subsidiary  of Anglo American  plc. Both  Northern 
Dynasty and Anglo American  have equal ownership and  direction of the  Pebble 

Under the terms of the Pebble Limited Partnership Agreement, Anglo American is
required to elect  to commit $1.5  billion in staged  investments in order  to 
retain its  50%  interest in  the  Pebble  Project. Funds  provided  by  Anglo 
American  are   currently  being   invested  in   comprehensive   exploration, 
engineering,  environmental  and  socioeconomic  programs  toward  the  future 
development of the Pebble Project.

About Northern Dynasty Minerals Ltd.

Northern Dynasty is  a mineral  exploration and development  company based  in 
Vancouver, Canada, which  holds indirect interests  in over 600  sq. miles  of 
mineral claims in southwest Alaska, USA. Northern Dynasty's principal asset is
a 50% interest  in the Pebble  Partnership, owner of  the Pebble Project.  The 
Pebble Project is an advanced-stage initiative  to develop one of the  world's 
most important mineral resources.

Ronald W. Thiessen
President & CEO


                             Sole Responsibility

No regulatory authority accepts responsibility for the adequacy or accuracy of
this release.  Northern Dynasty  is solely  and entirely  responsible for  the 
contents of this  news release. No  other party, including  any parties  which 
have an interest in the project, are  in any way responsible for the  contents 

           Forward Looking Information and other Cautionary Factors

This release includes certain statements  that may be deemed  "forward-looking 
statements".  All  statements  in  this  release,  other  than  statements  of 
historical facts, especially those that address estimated resource quantities,
grades and contained metals, are  forward-looking statements because they  are 
generally made on  the basis of  estimation and extrapolation  from a  limited 
number of drill holes and  metallurgical studies. Although diamond drill  hole 
core provides valuable  information about the  size, shape and  geology of  an 
exploration  project,  there  will  always  remain  a  significant  degree  of 
uncertainty in connection  with these  valuation factors until  a deposit  has 
been extensively drilled on closely spaced centers, which has occurred only in
specific areas  on  the Pebble  Project.  Although the  Company  believes  the 
expectations  expressed  in  its  forward-looking  statements  are  based   on 
reasonable assumptions, such statements should not be in any way construed  as 
guarantees of  the ultimate  size, quality  or commercial  feasibility of  the 
Pebble Project  or of  the  Company's future  performance. The  likelihood  of 
future mining at the Pebble Project is subject to a large number of risks  and 
will require  achievement  of  a  number  of  technical,  economic  and  legal 
objectives, including  obtaining necessary  mining and  construction  permits, 
completion of pre-feasibility  and final feasibility  studies, preparation  of 
all necessary engineering for  underground workings and processing  facilities 
as  well  as  receipt  of  significant  additional  financing  to  fund  these 
objectives as  well as  funding mine  construction. Such  funding may  not  be 
available to the Company on acceptable terms or on any terms at all. There  is 
no known  ore  at the  Pebble  Project and  there  is no  assurance  that  the 
mineralization at the Pebble Project will ever be classified as ore. The  need 
for compliance  with  extensive  environmental and  socio-economic  rules  and 
practices and the requirement for the Company to obtain government  permitting 
can cause a delay  or even abandonment  of a mineral  project. The Company  is 
also subject to the specific risks inherent in the mining business as well  as 
general economic and business conditions. For more information on the Company,
Investors should review the Company's annual Form 40-F filing with the  United 
States Securities and  Exchange Commission and  its home jurisdiction  filings 
that are available at

SOURCE Northern Dynasty Minerals Ltd.


For further details on Northern Dynasty please visit the Company's website or contact Investor services at (604) 684-6365 or
within North America at 1-800-667-2114. Review Canadian public filings and US public filings
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