The Pebble Project
www.pebblepar tnership.com
> 1.00% CuEQ
2,000
4,000 FEET
Levelock ! ra k! Igiugig v eh
Nu s
Susitn
!
Anchorage !
A
Tyonek ! !
Nikiski
Kenai Nikiski ! ! ! Soldotna Kenai ! ! Kasilof ! T Soldotna u s tu ! me Seward Clam ! Kasilof ! na TuGulch s s L. ! !t u m rd Seward jo rk Clam Ninilchik en ! ai F l Pa a a Gulch s en n L. ! rd rkK atio o j a N Anchor Point F Ninilchik ai l P ! e n na
Co ok Co
Homer
!
K
tio Na
! Seldovia
Port Site Augustine Nanwalek!! Port Graham Island gg hh Nanwalek ! Seldovia oo uu Augustine r ! r ! Kami s hak Bay Port Graham BB oo Island i n s u l a gg hh enai Pen
Igiugig Kokhanok !
Ku ka kl ek L.
BB oo
rr oo
uu
of
La k
La k
a
e
Port Lions !
e
el
Pilot Point ! ! Pilot Point Ugashik ! ! Ugashik
har
of
h
Be c
har
ik S of h el S ik tr o ai f t S tr
Be c
S
Egegik
Afognak Island Afognak Island Port Lions
!
Karluk
!
Kodiak ! Kodiak Karluk ! Island Kodiak Island
! Kodiak
A
P
www.pebblepar tnership.com
! Ivanof Bay
160°0'0"W ! Ivanof Bay
158°0'0"W
Alaska encompasses 365.5 million acres: • Federal agencies claim 222 million acres, 61% of the state • State of Alaska owns 97.9 million acres • Native corporations own 44.7 million acres • Private conventional, 0.9 million acres 156°0'0"W
General Deposit Location Possible Port Site Possible Road National Park National Preserve Borough Boundary Communities Existing Road
Port Heiden !
Chignik Lagoon ! ! Chignik Chignik Lagoon Lake ! Chignik ! ! Chignik Chignik Lake !
Gulf of Alaska
it
Egegik
Port Heiden !
Open
Anchorage
K P E E N KN A P EI N I E N S N A U I L I N A S U L
r ve
IRl iivae r
Ri ak hag
Ri
ve
r
!
! Kokhanok
a R.
Susitn
E
r
r
148°0'0
In le ok t In le t
Ri
r
ve
Ri
Open
0
ak
hag
B a y
57°0'0"N
-4000 ft
!
!
Riv e
Nu s
B a y
La ke
B r i s to l
Underground Resource
56°0'0"N
> 0.80% CuEQ
mn I l i aa k e L m n!a
Newhalen
su la L Bo rou gh La EA A ke & Pe nin P NL S su la Bo rou gh E I A K NN S A I S K N U A S L U A L A
B r i s to l
& Pe nin
!
-3000 ft
56°0'0"N
> 0.60% CuEQ
A L A S K A
ve
60°0'0"N 58°0'0"N
58°0'0"N 57°0'0"N
Open
Ekwok
!
Open
> 0.30% CuEQ
r
61°0'0"N
61°0'0"N 60°0'0"N 59°0'0"N
59°0'0"N
!
Cover Rocks
Open Pit Resource
Legend
rk la C ! Port Alsworth
Riv e
Palmer ! Wasilla !
150°0'0"W
Tyonek !
Ke ! R iv i c Ku ka kl ek L. PortageLevelock k No nv ia nu k L . K Kami s hak Bay Dillingham ! a Manokotak ! Point ! insula Creek ! Clarks enai Pen KMt. ! ch ! i Douglas v Park l ona King No nv iaKatm PortageEkuk nu k ai L .Nati KNaknek Salmon and Preserve ! Creek ! Clarks Point ! ! ! ! Mt. Douglas South Naknek l Park Nati Ekukg h ai kn ekona L ak e King KatmNa Naknek u h o g r u o o B r o y B a y B a l B o erve t l Pres s Salmon o and ! B B rr ii s t ! ! South Naknek Na kn ek L ak e
h B oo rr oo uu gg h B a yy B B B rr ii ss tt oo ll B a
• 80.6 billion pounds of copper • 5.6 billion pounds of molybdenum • 107.4 million ounces of gold • Commercially significant amounts of silver, rhenium and palladium Resource Estimate based at a 0.30% copper equivalent (CuEQ) cutoff.
Ekwok ! Dillingham !
! Manokotak
Togiak Twin Hills! !!
THE MINERAL Resource
-2000 ft
a
a
Aleknagik New!Stuyahok
Togiak Twin Hills !! Aleknagik
• Established in 2008, a 5-year, $5 million endowment • Administered by the Alaska Community Foundation • Primary grant focus: renewable resources/fish, energy, education and community and economic development • More than $3.25 million has been awarded for projects to date
-1000 ft
Lake Clark National Park and Preserve
!
THE PEBBLE FUND
0 ft ASL
Lake Clark National Park and Preserve
Be lug a
. tna R rk ke Ch uli a a Mt. Iliamna Cl L Ko ktu l . ! Port Alsworth il i tRn.a RNondalton e a ! u h k C tn Pedro La Mt. Pile Iliamna K o k thual Pebble c i Bay R . l Bay Nondalton ! Iliamna u Koliganek n!a ! ! ! t M Pedro Pile Williamsport Newhalen ! ha Pebble ! Anchor Point c ! Bay Bay Homer e ul ! Koliganek ! ! k ! Iliamna a ! M L Port Site ! a Williamsport New Stuyahok
• A multibillion-dollar capital investment • $120+ million invested in environmental studies • Roughly 2,000-3,000 jobs during construction • 1,000 operating jobs for 25-35 years • Hundreds of millions of dollars in annual operating expenditures • State and local taxes over the life of the project • Supply and service contracts with spin-off benefits for local communities • A multibillion-dollar infrastructure investment
1000 ft
River
k Hi Nus lls haga k Hi lls
Long-term economic benefits
surface
! Lime Village
River
haga
Be lug a
152°0'0"W
! Lime Village
lit n
lit n
Nus
• 200 air miles southwest of Anchorage • 120 air miles from Bristol Bay
154°0'0"W
ho
ho
The Pebble deposit resides on state land k specifically designated by the State of AlaskaKu s!k o Bethel for mineral exploration and development. ! Bethel The prospect represents a world-class discovery of copper in North America.
n
ey 156°0'0"W Ho
iv e
Ho
r im v e okw i R k m Ku s i w
R
to
158°0'0"W
R A N G A L E A S K A R A N G
160°0'0"W r
162°0'0"W
Gulf o GulA f l oa fs k a Ala s ka
Pebble Fund
Alaska’s total land area includes 148 million acres dedicated to conservation: • 70% of all American park lands • 80% of wildlife refuge acreage • 53% of designated wilderness, National Wilderness Preservation System 154°0'0"W
152°0'0"W
150°0'0"W
Pebble Project Timeline E x pl o
9000 B.C. (est)
Pebble West discovered
me
on
En v iro n m en ta
vir
&
5300 B.C. (est) 3500 B.C. (est)
En
2005
Copper is smelted in kilns
n&
Pebble East discovered
ati o
Humans first use copper
Native Americans mine copper
l s t udi es
lor
n
nt al
st
ud
ra tio
ies
1988
Exp
History of Copper
2011
Current project status
1705
Environmental overview – National Environmental Policy Act (NEPA)/Environmental Impact statement (EIS) Process
America’s first commercial copper mine is developed in Connecticut
1761 Copper sheathing gives ships greater speed and time at sea
Draft project description Permitting
Permit applications
1880
Federal and state agency reviews, 67+ major permits
The emerging electrical industry creates high demand for copper
1886 Statue of Liberty is plated with 179,000 pounds of copper
Public comments Final EIS published
1950 Aircraft and automobile popularity creates rise in use and demand for copper ction
1958
Con
stru
Jack Kilby invents the microchip. Today, copper microchips are critical to next generation devices like computers and electronics
1973 Motorola introduces the first hand-held mobile phone – made possible with copper
ion
1997 Op
e
t ra
The first mass-produced hybrid vehicle uses twice as much copper as a conventional vehicle
2007 World’s largest wind farm built in Texas, providing enough power for 250,000 homes and requiring hundreds of tons of copper
2011 www.pebblepar tnership.com
Worldwide demand for copper is at an all-time high
re
cl
am
at io
n
12
21
12
2
2
Southwest Alaska 2011 Economic Indicators Borough
2000 Population
Bristol Bay Lake & Peninsula
2010 Population
1,230 1,809
881 1,485
Borough
2000 School 2010 School Enrollment Enrollment
Bristol Bay
269
160
Lake & Peninsula
491
335
Pebble Project workforce
2
A total of 496 individuals worked at the project site in 2010, a 6% increase from 2009.
12
Nearly 75% of the total site workforce is Alaskan.
12 27
2010 Pebble Workforce
47
Employees by Residency 47
Canada: 12% Other: 2%
12
Bristol Bay Region: 27%
27
Alaska: 47%
47
Lower 48: 12%
12
Bristol Bay resident workforce numbers at Pebble site totaled 134 in 2010, a 10% increase from 2009. 2
2010 Bristol Bay Workforce Communities employed
Villages Aleknagik Chignik Lake Dillingham Ekwok Igiugig Iliamna
King Salmon Kokhanok Koliganek Manokotak Naknek New Stuyahok
Total Workers:
Newhalen Nondalton Pedro Bay Port Alsworth Togiak
134
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27