Canadian Mining Journal

News

FIRST NATIONS: Barkerville enters into exploration, mining agreement with Lhtako Dene



BRITISH COLUMBIA – Barkerville Gold Mines Ltd.  has entered into a relationship agreement with Lhtako Dene First Nation with respect to the company’s exploration and short term mining activities on its Cariboo gold project. Barkerville obtained the property through its acquisition of Williams Creek Gold in August 2016.

The agreement establishes the foundation for a positive and mutually beneficial relationship between the Lhtako Dene and Barkerville by setting out provisions which include training, ongoing communication and opportunities for businesses within the community to participate in the exploration activities and operations at the Bonanza Ledge project. Both parties have agreed to begin negotiating an impact benefit agreement in connection with the planned future production of the larger Cariboo gold project.  Barkerville has also agreed, among other things, to issue 400,000 common shares of the company to the Lhtako Dene First Nation.

Barkerville has listed several job vacancies on its website www.BarkervilleGold.com/join-the-team.