The Prospector News

Avanti Mining Announces Letter of Understanding With Gitanyow Hereditary Chiefs

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Avanti Mining Announces Letter of Understanding With Gitanyow Hereditary Chiefs

 

 

 

 

 

Avanti Mining Inc. (TSX VENTURE: AVT) and its wholly owned subsidiary Avanti Kitsault Mine Ltd. is pleased to announce that it has signed a Letter of Understanding with the Gitanyow Hereditary Chiefs related to its proposed Kitsault Mine Project.

 

 

“We have worked hard to develop a strong relationship with the Gitanyow leaders,” said Avanti Kitsault Mines President and CEO Mark Premo. “We are confident we can develop this project responsibly and do business together, and we look forward to doing so with all First Nations and local communities.”

 

 

The LOU commits the parties to negotiate a Cooperation Agreement that will address:

 

  • Development of a Highway 37 Trust (in collaboration with the province of British Columbia),
  • Business and employment opportunities as well as training, and
  • Cooperation on environmental, social and cultural protection,

 

 

The LOU also addresses development of a Wildlife and Water Resource Protection Strategy and related capacity funding. It was signed on behalf of several Gitanyow Huwlips (houses) most directly affected by the project.

 

 

Gitanyow Chief Glen Williams stated, “Avanti has been open and fair in all our dealings. We look forward to strengthening that relationship in ways that will benefit our people as this project proceeds.”

 

 

The Kitsault Mine Project received an environmental assessment certificate from the province of British Columbia in March 2013. A federal environmental assessment decision is expected in the near future.

 

 

The Company is focused on the development of the past producing Kitsault molybdenum mine located north of Prince Rupert in British Columbia.

 

Posted July 8, 2013

Share this news article

MORE or "UNCATEGORIZED"


RNC Minerals Closes Oversubscribed $18.5 Million Bought Deal Financing

RNC Minerals (TSX: RNX) is pleased to announce that it has closed... READ MORE

September 20, 2019

Moneta Announces Closing of Strategic Investment by Eric Sprott

Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) is p... READ MORE

September 20, 2019

Golden Tag Resources Closes $1.5 Million Financing Including Strategic Investment by Eric Sprott

Golden Tag Resources Ltd. (TSX-V: GOG) is pleased to announ... READ MORE

September 20, 2019

Osisko Increases Credit Facility to $400 Million

Osisko Gold Royalties Ltd (TSX:OR) (NYSE:OR) is pleased to ... READ MORE

September 20, 2019

Unigold Announces Closing of Private Placement of 32,350,000 Units for Gross Proceeds of Approximately $3 Million

Unigold Inc. (TSX-V: UGD) is pleased to announce that it has clos... READ MORE

September 19, 2019

Copyright 2019 The Prospector News - Site design by Spyderbaby Productions