BRITISH COLUMBIA – Spanish Mountain Gold (SMG) and the Lhtako Dene Nation have signed a co-operation agreement covering the Spanish Mountain advanced exploration project near Likely. The agreement addresses the involvement of Lhtako Dene during the environmental assessment and permitting review process.
The parties agree to recognize and respect each other rights and interests relative to the property. The agreement also reflects a commitment by both SMG and Lhtako Dene for continued engagement in a respectful and collaborative manner. Spanish Mountain also agrees to support the Lhtako Dene for its ongoing involvement in the environmental assessment and permitting process as well as training, employment and business opportunities.
Meanwhile a preliminary economic assessment is being prepared for the project. Visit SpanishMountainGold.com to read it when it becomes available later this year. Construction could occur in 2014 and production begin in 2015.