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Brixton Metals Signs Exploration Agreement with Taku River Tlingit First Nation
VANCOUVER , July 19, 2013 /CNW/ - Brixton Metals Corporation (TSXV: BBB) (the " Company ...
About this update from Brixton Metals Corporation
[{"type":"text","content":"\n\n\nVANCOUVER, July 19, 2013 /CNW/ - Brixton Metals Corporation (TSXV: BBB)\n (the \"Company\" or \"Brixton\") is pleased to announce the signing of an exploration agreement with\n the Taku River Tlingit First Nation (TRTFN) regarding the Company's\n Thorn property in the Sutlahine River area of Northwestern British\n Columbia (Thorn).  Under the agreement, the TRTFN recognize and support\n Brixton's rights and interests in its Thorn property and Brixton\n recognizes and respects the TRTFN's rights and environmental interests.\n\n\nThe agreement will allow for Brixton and the TRTFN to cooperatively\n establish a long-term relationship based on mutual respect and openness\n towards developing an Economic Benefits Agreement (EBA).\n\n\nChairman and CEO of Brixton, Gary Thompson stated, \"This agreement with\n the Taku River Tlingit First Nation is a very positive step towards\n working in collaboration with the local community and we are happy to\n be able to draw from local talent as we advance the Thorn project.\" Mr.\n Thompson further added, \"As we continue to build our relationship with\n the TRTFN we see a clear path to project development.\"\n\n\nCommenting on the Agreement, TRTFN spokesperson, John Ward stated, \"The\n spirit of cooperation and the commitment to collaboration demonstrated\n by Brixton shows a change from First Nations facing 'take it or leave\n it' offers. Our dialogue was one of respect, which was a key factor in\n giving us the confidence to consent to this project, and this\n agreement. It sets a positive precedent for letting the public know\n that Taku River Tlingits have the capacity to create these kinds of\n relationships.\"\n\n\nThis Agreement applies to and governs the Exploration Activities only. \n Notwithstanding this, TRTFN and Brixton acknowledge that if the\n Exploration Activities are successful and demonstrate a feasible mining\n project, it is their mutual desire to continue to build a long-term\n respectful relationship.  Once a final feasibility study has been\n completed by Brixton confirming the Project's viability, the Parties\n have agreed to commence negotiating in good faith, an EBA. The EBA will\n be a comprehensive agreement governing Thorn including the relationship\n between the parties with respect to the permitting, construction,\n operation and closure of...