Golden Predator, Silver Predator and Redtail Metals Sign
Exploration Agreement with the Kaska Nation
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.