Government of Canada funding for FS Update and additional engineering
VANCOUVER, BC, Aug. 7, 2025 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce that it has received final approval for funding from Natural Resources Canada ("NRCan") to help advance the Company's Sisson Tungsten-Molybdenum Critical Minerals Project (the "Sisson Project" or the "Project") in Canada. NRCan will provide contribution funding for up to C$8.214 million in support of the costs for the update of the Feasibility Study ("FS Update") and basic engineering through the Global Partnerships Initiative ("GPI"). The objectives of the work being funded by NRCan are to build on and complement the programs being supported through the US$15 million (~C$20.7 million) in Defense Production Act (DPA) Title III funding awarded by the U.S. Department of Defense ("DoD"), as detailed in Northcliff's May 1, 2025 release. This initiative supports Canada and U.S. goals to secure supply chains for the critical minerals needed for important manufacturing sectors, including communication technology, aerospace and defense, and clean technology.
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