logo-loader
Hawthorne Gold

Hawthorne reaches resource funding deal with Kaska, looks to close two more agreements

agreement350_4a9e73f2e0cf8.jpg

Canadian exploration and development company Hawthorne Gold (TSX: HGC) struck a deal with the Kaska Aboriginal nation adjacent to its Cassiar Gold Camp in British Columbia to advance the negotiations of two other important agreements outlining Hawthorne’s involvement in social, cultural and economic development of the Kaska territory.


Under the terms of the Resource Funding Agreement with the Kaska Dena Council, Hawthorne will provide funding to the BC Kaska to contribute to the cost of negotiating a Traditional Knowledge Protocol and a detailed Socio-Economic Participation Agreement in connection with the exploration and development of its Cassiar Gold Camp in British Columbia.


Hawthorne Gold said it was looking for “assurance” for the continued exploration of the Cassiar project, also agreeing to make a C$10,000 donation to the nation’s youth cultural preservation programs.


Kaska’s representatives said they sought “meaningful investment” into the territory’s infrastructure as well as business and economic opportunities for Kaska citizens, but not at the expense of cultural and social integrity.

Quick facts: Hawthorne Gold

Price: £0.00

Market: TSX-V
Market Cap: £0.00
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Blackstone Minerals PGE assays a game-changer at Vietnamese...

Blackstone Minerals Ltd (ASX:BSX) managing director Scott Williamson updates Proactive on its maiden drilling program at the Ta Khoa Nickel Project in northern Vietnam, which has delivered the project's first-ever PGE assays. Assay results from the first of three drill holes at Ta Khoa have...

1 hour, 45 minutes ago

2 min read