Mr. Ronald Thiessen reports

NORTHERN DYNASTY: PRESIDENT TRUMP SIGNS EXECUTIVE ORDER TO INCREASE AMERICA'S MINERAL PRODUCTION

Northern Dynasty Minerals Ltd. is providing commentary on the executive order issued by United States President Donald Trump on March 20, 2025, titled "Immediate Measures to Increase America's Mineral Production."

In the executive order, Mr. Trump highlighted the past prominence of the U.S. mining industry and the importance of securing a stable and predictable supply of minerals (including copper and gold) that are essential for defence, technology and infrastructure. It also directed federal agencies to expedite approvals for domestic mineral production projects.

The executive order was published on the public registry.

"Located in the state of Alaska, Pebble is the world's largest undeveloped copper deposit. And, in addition to a sizable amount of gold, molybdenum and silver, the deposit also contains a significant resource of rhenium, a mineral used in military applications. The 2020 final environmental impact study highlighted how the project could result in significant economic benefits, both in terms of high-paying jobs as well as tax revenues, for the local Alaskan communities, the state and the U.S.," said Ron Thiessen, Northern Dynasty president and chief executive officer.

About Northern Dynasty Minerals Ltd.

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned, Alaska-based U.S. subsidiary, Pebble LP, is a 100-per-cent interest in a contiguous block of 1,840 mineral claims in southwestern Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble partnership is the proponent of the Pebble project.

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