RE:RE:It's Sunday and no information from DBG yet.Other properties in Tahltan culturally sensitive areas where work hasn't been allowed:
- GJ-Spectrum (sold by SKE to Newcrest in 2020 for $7.5M). This propoerty had a good NI43-101 showing 100s of $M in NPV but couldn't be worked on due to being in a culturally sensitive spot.
- QEX's Mabon deposit. Similar story to above. The deposit is in a culturally sensitive location and in view of a Tahltan community. Work hasn't been allowed for more than 2 years.
The Tahltan first nation is pro-mining but their cultural sites are very important to them. Companies with strong positive relationships (as far as I can tell) with the Tahltan have been negotiating for years without success. Even if DBG comes to an agreement with them and exploration continues, these properties do not receive any value since the Tahltan are much less likely to approve of a mine than drilling. First Nations communities are legally required to be consulted during permitting in Canada and have de-facto veto power of anything that disrupts their traditional way of life/cultural sites.
Jerry Asp of the Tahltan First Nation struck the first impact benefit agreement in BC's history and now travels the world teaching indigenous communities how to negotiate with mining companies. He basically wrote the book on this stuff and was recently inducted into the Canadian Mining Hall of fame (https://www.mininghalloffame.ca/p-jerry-asp). I was at the induction ceremony and Jerry's speech was probably the most moving piece of oratory work I will ever witness in my life. This community knows their rights, knows how to stand up for them and will win every single PR and legal battle. Do not fool yourself.
On the other hand, the management team of DBG clearly does not understand these things. They clearly have no goodwill with the Tahltan community, have had no success in working with them and have nothing to offer that the Tahltan want.