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Pacific Ridge Exploration (TSXV:PEX) signs First Nations agreement
  • Mining company Pacific Ridge Exploration (PEX) has signed an exploration agreement with Takla Nation and Tsay Keh Dene First Nation
  • Through the agreement, the company and the First Nations have formed a cooperative relationship regarding the Kliyul gold-copper project
  • Pacific Ridge’s agreement recognises the First Nations’ stewardship and role in environmental and wildlife monitoring
  • This will provide the parties with certainty in the relationship, as the company works to begin exploration efforts at Kliyul
  • Pacific Ridge Exploration is up 7.69 per cent and is currently trading for C$0.07 per share

Mining company Pacific Ridge Exploration (PEX) has signed an exploration agreement with Takla Nation and Tsay Keh Dene First Nation.

As their name suggests, the Takla Lake Nation is a First Nation group located around Takla Lake, 400 kilometres north of Prince George in British Columbia. The Tsay Keh Dene is another First Nation group of British Columbia, with territories, settlements, and reserves in the area of Williston Lake.

Takla Lake and Williston Lake are 137 kilometres apart, with both First Nation groups living in proximity to Pacific Ridge’s Kliyul gold-copper porphyry project. Through the agreement, the company and the First Nations have formed a cooperative relationship regarding development of the project.

In particular, the agreement recognises Takla’s and Tsay Keh Dene’s stewardship of the land, and their role in environmental and wildlife monitoring. 

Pacific Ridge intends to maintain strong communication and collaboration with the First Nations, and to build trust and respect with them moving forward. This will provide the parties with certainty in the relationship, as Pacific Ridge works to begin exploration efforts at Kliyul.

Pacific Ridge’s President and CEO, Gerry Carlson, commented on the company’s exploration agreement with the First Nations.

“We look forward to working closely with Takla and TKD as we begin our exploration efforts on the promising Kliyul gold-copper porphyry project,” he said.

“Through this agreement, we plan to build trust and respect with these First Nations through communication and continued involvement, at the same time reducing uncertainty for both the company and the First Nation communities,” he added.

Pacific Ridge Exploration is up 7.69 per cent and is trading for C$0.07 per share, as of 1:51pm EST.


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