Mine Deal in Quesnel Area
By 250 News
Friday, December 10, 2010 03:56 AM
Quesnel, B.C. – A Quesnel area First Nation has inked an agreement with Barkerville Gold Mines Ltd.
The Lhtako Dene Nation (Red Bluff Indian Band) has reached a deal over the development of Barkerville’s Bonanza Ledge Gold Property south of Wells. Should the company get the go-ahead to start production at the site, the agreement provides for preferential contracting, employment and training, academic bursaries, and participation in the environmental review.
"This Agreement with Barkerville is another step forward in self-sufficiency for our community," says Lhtako Dene Chief Geronimo Squinas. "The relationship was started by my father and ex-chief Frank Boucher, and it has taken this time to build a level playing field for us to be able to participate in local mining development."
Barkerville President and CEO Frank Callaghan says he’s pleased with the arrangement. "We have been exploring in the Cariboo region for over a decade and have purposely cultivated our relationship with the Lhtako to ensure that we understand what needs to be done to deliver a socially and environmentally acceptable project in the region. It takes this level of mutual dedication and respect to operate to the high standards now required in British Columbia."
The company has mineral tenures covering over 1,225 square kilometres in the region, including the QR Mine and Mill.
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