Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Gitanyow, BC Hydro reach deal on NTL

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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Willy Nilly

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Gitanyow, BC Hydro reach deal on NTL

posted on Jun 13, 2011 06:23PM

Signing ceremony held last week

Tyler Noble, 6/13/2011

BC Hydro has reached an impact-benefit agreement with the Gitanyow First Nation in relation to the Northwest Transmission Line project.

A signing ceremony was held last week in Vancouver.

The company says the deal will provide the Gitanyow with employment, contracting and other economic development opportunities during construction of the line.

The Gitanyow had previously threatened to block construction, accusing Hydro of disregarding their rights and way of life.

Similar impact-benefit agreements have been signed with several other First Nations, including the Tahltan, Nisga'a, Kitselas and Metlakatla.

http://www.cftktv.com/News/Story.aspx?ID=1440178

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