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Tahltan Nation and Seabridge Gold Execute Far-Reaching Agreement Covering Protections of Indigenous Rights and the Environment and Shared Economic Benefits for KSM Project
Toronto, Ontario--(Newsfile Corp. - June 10, 2019) - The Tahltan Nation and Seabridge Gold Inc...
About this update from Seabridge Gold Inc
[{"type":"text","content":"Tahltan Nation and Seabridge Gold Execute Far-Reaching Agreement Covering Protections of Indigenous Rights and the Environment and Shared Economic Benefits for KSM ProjectToronto, Ontario--(Newsfile Corp. - June 10, 2019) - The Tahltan Nation and Seabridge Gold Inc. (TSX: SEA) (NYSE: SA) (Seabridge) are pleased to announce that they have reached agreement on the terms of a Co-operation and Benefits Agreement in connection with Seabridge's proposed KSM Project located in northwestern British Columbia, Canada. In a ratification vote among its membership, the Tahltan Nation voted 77.8% in favour of the KSM Project Impact Benefits Agreement (IBA). The agreement represents another important milestone for the Project and provides a thorough and co-operative framework for the parties to continue building the social license of the KSM Project.Chad Norman Day, President of the Tahltan Central Government, comments that: \"The Tahltan people have spoken and have ratified the KSM IBA that provides the Tahltan Nation with far reaching economic benefits and strong commitments to the environmental management of the land that we hold sacred. The Tahltan Central Government has worked closely with Seabridge for more than a decade to bring the KSM Project from its early exploration stage through permitting. We have an excellent partnership with Seabridge. At each step of the way, Seabridge has been a respectful and willing partner to work with our people, communities and all levels of government to ensure our Tahltan environmental concerns and economic interests were properly addressed.\"Seabridge Chairman and CEO Rudi Fronk responded that:\"The Tahltan approach to engagement and negotiations has been professional and collaborative from the very beginning. We believe that the KSM IBA provides the basis for a genuine partnership between the KSM Project and the Tahltan Nation for decades to come. The Tahltan Nation's representatives have made many valuable contributions to the evolution of KSM. We have listened to their environmental, cultural and economic concerns, which have been rooted in the best interests of the Tahltan Nation, and we have crafted ways of addressing these concerns into KSM's design. From our perspective, our on-going relationship with the Tahltan Nation, which began more than a decade ago, captures the spirit of mutual respect,...