Columbia Yukon Signs Traditional Knowledge Protocol with First Nations
02 Novembre 2009 - 5:15PM
Marketwired
Columbia Yukon Explorations Inc. (the "Company" or "Columbia
Yukon") (TSX VENTURE: CYU)(FRANKFURT: VOR) is pleased to announce
that it has entered into a Traditional Knowledge Protocol (the "TK
Protocol") with the Dease River First Nation, Daylu Dena Council,
Kwadacha First Nation and Kaska Dena Council (collectively the "BC
Kaska") in connection with the continued exploration and
development of the Company's "Storie" Property molybdenum deposit
located near Cassiar, British Columbia.
The TK Protocol will assist the parties in establishing the
appropriate traditional knowledge practices and procedures for the
collection, management, ownership and integration of Kaska
traditional knowledge with regard to the exploration and
development of the Storie Property. Under the TK Protocol, the BC
Kaska have authorized the Dena Kayeh Institute ("DKI") as their
representative and agent to gather and document existing
traditional knowledge that is specific to the Company's Storie
Property project and to provide a "Traditional Knowledge Report and
Recommendations" in connection with the Company's upcoming
application for an environmental assessment certificate pursuant to
the Environmental Assessment Act of British Columbia. A key purpose
of the TK Protocol is to ensure that the Traditional Knowledge
Report and Recommendations are accorded full, fair and equitable
consideration to other baseline studies in decision-making
processes related to the Storie molybdenum project.
"Columbia Yukon is very pleased to have been able to conclude
the Traditional Knowledge Protocol which will enable the Company to
move forward with matters related to the Company's environmental
assessment certificate application. We also look forward to working
with the BC Kaska to conclude a SEPA (a detailed Social-Economic
Participation Agreement) which we believe will bring economic
opportunities to the BC Kaska and to the region generally and
provide certainty for Columbia Yukon's Storie Property molybdenum
deposit project," said Douglas Mason, Chairman of Columbia
Yukon.
Chief Cat Lee of the Dease River First Nation stated, "The BC
Kaska consider the signing of this TK Protocol to be a progressive
step forward in our relationship with Columbia Yukon. This Protocol
acknowledges the importance of Kaska knowledge of our territory and
will ensure that traditional knowledge is weighed equally with
western science in the design, planning and potential mitigation
measures with respect to this project. Our peoples have occupied
the traditional territory from time immemorial and our knowledge of
the wildlife, plants and waters of our land are vast and enriched
by generations. We expect this knowledge to be respectfully
considered in all regulatory processes in light of this
Protocol."
George Miller, Chair of the Kaska Dena Council, added, "We are
proud to have positive, cooperative and beneficial relationship
with Columbia Yukon. This Protocol acknowledges not only the
important integration of traditional knowledge into the regulatory
review of this project within our territory, but it ensures that
the Kaska Dena remain the exclusive owners of our traditional
knowledge. A very important aspect of this Protocol is that the
Kaska collect and manage all traditional knowledge through our own
institution, the Dena Kayeh Institute. This affirms our governance
and the importance the Kaska place on the role of our traditional
knowledge should play in government-to-government
decision-making."
About Columbia Yukon Explorations Inc.
Columbia Yukon is a Canadian mineral exploration company focused
on the development of its Storie Property molybdenum deposit
situated about 6 km southwest of Cassiar, British Columbia. The
Storie Property molybdenum deposit has an April 2009 updated NI
43-101 compliant Measured and Indicated Resource of 139.82 million
tonnes grading 0.064% Mo (at a cut-off of 0.030% Mo) and 58.39
million tonnes of Inferred Resource grading 0.059% Mo (at a cut-off
of 0.030% Mo). Cassiar, British Columbia is located 15 km by road
west of Highway 37 which connects to Watson Lake, Yukon, to the
north and Dease Lake and Stewart, British Columbia, to the
south.
Columbia Yukon Explorations Inc.
Douglas L. Mason, Chairman
This news release includes certain statements that may be deemed
"forward-looking statements". All statements, other than statements
of historical facts, that address such matters as future
exploration, drilling, exploration activities, potential
mineralization and resources and events or developments that the
Company expects, are forward looking statements and, as such, are
subject to risks, uncertainties and other factors of which are
beyond the reasonable control of the Company. Although the Company
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results or
developments may differ materially from those in forward-looking
statements. Factors that could cause actual results to differ
materially from those in forward-looking statements include such
matters as market prices, exploitation and exploration results,
continued availability of capital and financing, and general
economic, market or business conditions. Any forward-looking
statements are expressly qualified in their entirety by this
cautionary statement. The information contained herein is stated as
of the current date and subject to change after that date.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Columbia Yukon Explorations Inc. Mr. Clive Shallow
Investor Communications 604-922-2030 www.columbiayukon.com
(TSXV:CYU)
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