Northern Dynasty: revised Bristol Bay Watershed Assessment draft fails to address critical flaws

  Northern Dynasty: revised Bristol Bay Watershed Assessment draft fails to
                            address critical flaws

PR Newswire

VANCOUVER, April 26, 2013

Environmental Protection Agency study of 'hypothetical mine' continues under
shroud of secrecy

VANCOUVER, April 26, 2013 /PRNewswire/ -  Northern Dynasty Minerals Ltd.
("Northern Dynasty" or the "Company") (TSX: NDM; NYSE MKT: NAK) responded
today to the U.S. Environmental Protection Agency's (EPA) release of a revised
draft of the Bristol Bay Watershed Assessment (BBWA) report originally
released last spring, reaffirming that the new report fails to correct the
central flaw that critics roundly agree invalidates the original and revised
study.

"You simply cannot assess the  effects of a mining  project that has not  been 
proposed, and for  which key engineering  solutions, environmental  safeguards 
and site-specific  mitigation  factors  have  not  been  provided,"  said  Ron 
Thiessen, President  & CEO  of Northern  Dynasty, a  50% owner  of the  Pebble 
Limited Partnership (the "Pebble Partnership"  or "PLP") with Anglo  American. 
"The EPA has clearly made  some effort to address  the myriad errors of  fact, 
methodology and design that professional Peer Reviewers and other commentators
catalogued with respect to the original BBWA draft last year, and we will take
some time to assess those efforts.

"But let's be clear - the Bristol Bay Watershed Assessment process is  fatally 
flawed, and  should  have no  bearing  on the  future  development of  one  of 
America's most important strategic mineral resources."

The EPA initiated the BBWA in February 2011 to assess the potential effects of
future development, including  mining, on  the land, people  and resources  of 
40,000 square miles  in southwest  Alaska. After  narrowing the  scope of  its 
exercise  on  several  occasions  to  focus  primarily  on  the   hypothetical 
development of  the Pebble  copper-gold-molybdenum deposit,  the EPA  received 
widespread criticism from a panel of  independent Peer Reviewers - who  called 
EPA's efforts to evaluate the effects  of a 'hypothetical mining scenario'  on 
the water, fish, wildlife and cultural resources of Bristol Bay  "inadequate," 
"premature," "unreasonable," "suspect" and "misleading."

Thiessen noted that  concerns previously expressed  by stakeholders in  Alaska 
and elsewhere  about the  federal  agency rushing  the process  and  providing 
inadequate opportunities for public scrutiny  and involvement only seem to  be 
getting worse. The State of Alaska, Alaska's federal delegation and a majority
of Alaska  Native  Regional Corporations  criticized  the EPA  last  year  for 
providing inadequate opportunities for public involvement.

"Last year, EPA  was criticized  for providing  a short  60-day public  review 
period right in the middle of Alaska's fishing season, for holding its initial
public hearings about an Alaska issue in Seattle, and for providing inadequate
opportunities for Peer  Reviewers to  consider public  input," Thiessen  said. 
"This time around, the public comment period has been cut in half, there  will 
be no public meetings and there will be zero opportunities for stakeholders to
engage with the independent Peer Review panel. If the lack of transparency and
opportunity for public involvement in this process was a problem before,  it's 
an even bigger problem today."

Thiessen added that EPA has been criticized for refusing to fully comply  with 
information  requests  from  three   different  Congressional  committees   in 
Washington DC, and has not answered  basic questions about how much money  was 
spent on the  assessment. EPA  also reportedly funded  as many  as six  secret 
'peer review' studies of third-party reports related to mineral development in
southwest Alaska to validate the misleading conclusions reached in the initial
draft of the ill-advised BBWA.

"For the BBWA  or any  other study  undertaken in  the public  interest to  be 
credible, it must  not only apply  the best available  science and  scientific 
methodologies, it must also be seen  to be fair, open and balanced,"  Thiessen 
said. "I think the Bristol Bay Watershed Assessment has failed on all  counts. 
As a result, the only appropriate path going forward is for EPA to shelve this
flawed study and allow Pebble to  be assessed under the well-established  NEPA 
permitting process."

Under previous EPA Administrator Lisa Jackson, agency officials had  expressed 
the view that EPA held legal authority  under section 404c of the Clean  Water 
Act to  pre-emptively  veto development  projects  it solely  deemed  to  have 
unacceptable effects. A  vast majority  of legal  commentators have  dismissed 
that view,  and Thiessen  said he  is confident  that future  decisions  about 
Pebble will  be  made by  federal  and  state regulators  working  within  the 
well-established and  understood  National  Environmental  Policy  Act  (NEPA) 
permitting process.

"Whether  EPA  chooses  to  spend  valuable  manpower  and  taxpayer   dollars 
completing the BBWA report or not, we are confident that a comprehensive  mine 
development  proposal  presented  by   the  Pebble  Partnership  -   including 
state-of-the-art strategies  to protect  important water,  fish, wildlife  and 
cultural resources - will ultimately be judged by federal and state regulators
against the rigorous environmental standards of Alaska and the United States,"
he said, adding that PLP's goal is to trigger permitting under NEPA later this
year.

"Pebble is among the most important mineral development projects in the  world 
today, with the potential to create thousands of US jobs, billions of  dollars 
in annual economic activity,  and the strategic  minerals necessary to  supply 
American manufacturing  over decades  of  production. It  is too  important  a 
project to have its future dictated by a fatally flawed and clandestine study,
and I'm confident that the incoming EPA Administrator will share that view."

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,   its partners  and the  people and  culture of  the State  of 
Alaska, but  also industries,  suppliers and  consultants locally  and 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 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 Partnership.

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.

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

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 
hereof.

           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 www.sedar.com.

SOURCE Northern Dynasty Minerals Ltd.

Contact:

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