SUSTAINABLE DEVELOPMENT – Historic agreement for Contact Lake project (February 05, 2006)

NORTHWEST TERRITORIES - Vancouver-based ALBERTA STAR DEVELOPMENT and the Deline Land Corp. representing the SAHTU a...
NORTHWEST TERRITORIES - Vancouver-based ALBERTA STAR DEVELOPMENT and the Deline Land Corp. representing the SAHTU and METIS people have signed what they call an "historic" five-year co-operation and benefits agreement. The company is the first Canadian company to execute an agreement with the aboriginal residents of Deline, Deline District and Great Bear Lake.

Alberta Star is re-exploring the former Contact Lake high-grade silver and uranium mine on the east side of Great Bear Lake. Tests have confirmed the presence of high-grade copper, gold, silver, cobalt, nickel, bismuth mineralization including uranium that are coincident with large airborne geophysical anomalies that have never been properly sampled and systematically drill-tested. Alberta Star is also very excited about the widespread presence of gold within the sampled areas at Contact Lake.

Pictures of the Contact Lake project, including some of local wildlife, can be viewed at www.Alberta-Star.com.

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