TSX: GPD
TSX.V:RTZ
TSX.SPD
WHITEHORSE, YT, Jan. 30, 2013 /CNW/ - The Kaska Nation, as represented
by Ross River Dena Council and the Liard First Nation, and the Predator
Group represented by Golden Predator Corp. (TSX:GPD), Golden Predator
Canada Corp., Redtail Metals Corp. (TSX.V:RTZ) and Silver Predator
Corp. (TSX:SPD) announced today that they have signed an Exploration
Agreement with respect to activities within the traditional territory
of the Kaska Nation. This agreement represents the first of its kind in
the Yukon between the Kaska Nation and a group of mining companies.
The Kaska Nation and the Predator Group companies are entering into this
Agreement to promote a cooperative and mutually respectful relationship
in respect of Golden Predator, Redtail Metals and Silver Predator's
exploration projects located within the Kaska Nation's traditional
territory. The Agreement is focused on exploration activities and does
not apply to development and production of mining properties. The
Agreement also lays the foundation for the process for the development
of a Socio Economic Participation Agreement upon the advancement
towards mineral production decisions of all properties within the
Predator Group companies.
Highlights of the Agreement include:
-
Kaska support for exploration projects of the companies, subject to
meeting appropriate environmental and regulatory requirements;
-
Kaska participation and support for the Company's permitting
applications, subject to a clear process for review and input prior to
filing, and a mechanism to expeditiously address and resolve any
concerns Kaska may have;
-
establishment of Traditional Knowledge protocol for matters pertaining
to the exploration projects and resolving any disputes that may arise;
-
preferential employment and economic development opportunities for
Kaska businesses and citizens;
-
provision for the assignment of the Agreement to assignees or optionees
of properties;
-
provisions for equity participation by the Kaska Nation;
-
the establishment of a Kaska Community Fund; and
-
a respectful process for resolving issues with mining claims within the
Frances Lake study area.
The Traditional Knowledge Protocol for the Grew Creek Project is a
component of the Kaska-Predator Group Agreement and will be amended to
be a component for all exploration agreements.
"This is an exciting development for the Kaska Nation. Kaska people are
always willing to support responsible mining, when the proponents are
willing to respect our citizens and communities," said Chief Liard
McMillan of the Liard First Nation. "This agreement demonstrates that
the Predator Group is willing to be the leader in industry and work
respectfully and cooperatively with the Kaska Nation, who still hold
aboriginal title to these wonderful lands, and to share in the benefits
of exploration. We are pleased to also have a process for resolving
issues surrounding the Company's mining claims at Frances Lake."
Chief Brian Ladue of Ross River First Nation commented, "It is through
these Agreements that the Predator Group secures Kaska support and our
positive involvement in their activities. This Agreement with the
Predator Group is important as they have demonstrated respect for our
lands and our people."
"We are proud to enter this Agreement with the Kaska Nation and continue
to honour our commitment to be leaders in the Yukon through our working
relationship with communities and First Nations," said William M.
Sheriff, Golden Predator Chairman and CEO. "This agreement brings
demonstrable value to our shareholders while also working to build
wealth for communities, First Nations and all Yukoners.
About the Kaska Nation
The Kaska Nation includes five First Nation communities in the southeast
Yukon and northern British Columbia including the Ross River Dena
Council, the Liard First Nation and Daylu Dena Council, Dease River
First Nation and Kwadacha First Nation. Their traditional territory
covers 240,000 km2 of the Yukon, Northwest Territories and British Columbia. The Kaska
have not signed a land claim agreement with Canada and Yukon and hold
unsurrendered aboriginal rights and title to the Kaska Territory.
About Golden Predator Corp.
Golden Predator Corp. announced on January 18, 2013 a planned change of
name to Gold Bullion Royalty Corp., in order to focus entirely on
royalty and streaming by building on its existing portfolio of 34
projects. The company's wholly owned subsidiary Golden Predator Canada
Corp. will continue to advance the Brewery Creek Project as a separate
entity to be divested to shareholders by spin-out or similar
transaction. Golden Predator Corp., Yukon's Gold Company, is mandated to become the Yukon's next gold producer by advancing its
100% owned Brewery Creek Project with a production goal of 2014. Golden
Predator has one of the largest controlled land positions in the Yukon,
with exploration holdings in excess of 1 million acres, and is
committed to strong relationships with First Nations and local
communities.
About Redtail Metals Corp.
Redtail Metals specializes in advancing quality precious metal enriched
copper, lead and zinc mineral deposits in Yukon, Canada. The Company
currently controls the R15 Project in the Finlayson Lake District plus
the Marg and Clear Lake massive sulfide deposits, both with 43-101
compliant mineral resources.
About Silver Predator Corp.
Silver Predator's corporate mandate is to advance commercially viable
silver resources in the leading US silver districts of Nevada, Idaho
and Alaska, with a developing portfolio in Yukon, Canada.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This
press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance. There are
numerous risks and uncertainties that could cause actual results and
Golden Predator's plans and objectives to differ materially from those
expressed in the forward-looking information. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Golden Predator assumes no
obligation to update forward-looking information should circumstances
or management's estimates or opinions change.
SOURCE: Golden Predator Corp.
