Deer Horn Announces Partnership with Prominent First Nation Entrepreneur to Explore Northern BC and Advance First Nations Social and Economic Independence
Deer Horn Announces Partnership with Prominent First Nation
Entrepreneur to Explore Northern BC and Advance First Nations Social
and Economic Independence
Vancouver, BC, Canada, April 10, 2019 – Deer Horn Capital Inc. (CSE: DHC, OTCBB: GODYF) (the
“Company” or “Deer Horn”) announced today that it will partner with First Nation mineral exploration
entrepreneur Mr. Allen Edzerza to explore highly prospective areas of northern British Columbia. Deer
Horn, which will hold 49% of the venture (“Newco”), was invited to participate in Newco as part of Deer
Horn’s mission to find solutions for a more sustainable future by partnering with First Nations groups and
building long‐term cooperation and relationships.
Tyrone Docherty, Deer Horn’s President and CEO, stated, “A key mandate of this venture is that Newco
will further the vision of Mr. Edzerza, whereby First Nations will achieve social and economic
independence through the exercise of their inherent rights and title to mineral resources in their
ancestral lands. They are to have full participation in the decision‐making, management processes and
economic benefits associated with exploration, development and production.”
Mr. Edzerza brings to the venture extensive historical knowledge and an intimate understanding of
inherent rights, Aboriginal title and exploration policies of BC First Nations. Mr. Edzerza is an elder from
the T’Logodena Wolf Clan of the Tahltan Nation with 50 years of mineral exploration experience and
insights in northern British Columbia. He has served in various capacities with First Nations and in First
Nations organizations, governments and industry. Under the partnership agreement, Deer Horn will
provide western science technical support and logistics for prospecting, exploration, permitting and
funding.
Mr. Edzerza served with former BC Premier Gordon Campbell as Special Advisor on Aboriginal issues. In
this capacity, Mr. Edzerza assisted the Province to foster a better working relationship with First Nations
by improving communications and coordination between the Province and First Nations. Mr. Edzerza’s
passion for improving the economic well being of First Nations is well known in the exploration and
mining sector. He started his career at the Faro mine in the Yukon, has run a placer mining company and
has served as a lead and chief negotiator on numerous natural resource files for 30 years advising First
Nations governments and the governments of Canada and Yukon. Mr. Edzerza is also a celebrated artist
with works displayed from Switzerland to Vancouver.
“This exciting and unprecedented opportunity aligns perfectly with our purpose and values,” said
Docherty. “We are most grateful for the invitation to participate with Mr. Edzerza, and we’re honoured to
help further his goal for BC First Nations to explore and develop resources that will ultimately benefit First
Nations and, by extension, the public government and citizens of BC. A fundamental tenet of Deer Horn
has been to grow through partnership and stewardship, especially with First Nations, and this venture
provides us vast opportunities for both while working closely with First Nations and local communities to
promote local and regional economic participation.”
The lands to be explored by Newco lie east of BC’s “Golden Triangle” mineral region in a large area
hosting Kutcho’s copper‐zinc project and Coeur Mining’s Silvertip silver‐lead‐zinc mine. The Golden
Triangle has generated discoveries totaling more than 130 million ounces of gold, 800 million ounces of
silver and 40 billion pounds of copper. It has also hosted some of the world’s richest mines, including the
historic Eskay Creek (Canada’s highest‐grade gold mine and world’s fifth‐largest silver producer) and Snip
mines, the currently operating Red Chris gold‐copper mine developed, and recently sold, by Imperial
Metals and Pretium Resources’ Brucejack gold‐silver mine.
Retreating glaciers, much‐improved infrastructure and better geological knowledge have contributed to a
resurgence of interest, staking and discoveries in the Golden Triangle region, factors that are directly
applicable to Newco’s area of interest.
“The grounds we plan to explore hold exceptional potential for the discovery of a broad range of metals,”
said Docherty. “One of our strategies in working with Mr. Edzerza and First Nations groups is to build
Newco into a project generator in Northern BC that can bring social and economic benefits to local First
Nations.”
Deer Horn’s vision has been to explore for, and develop, metals vital to a low‐carbon economy as well as
for emerging technologies related to information processing and the advancement of clean energy, clean
technology and fresh water.
“This new venture adds significant opportunities for us to explore for other metals including gold, zinc,
molybdenum, platinum group metals and nickel,” said Docherty. “This region has also produced
significant porphyry‐type deposits for copper, gold and silver.”
Initial work by Newco is expected to take place this summer. Prior to staking lands with potential mineral
targets, Deer Horn will seek the consent of First Nations for exploration activity. Deer Horn proudly
adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights
of Indigenous Peoples.
Deer Horn will be releasing more information on this exciting venture as plans for the summer program
develop.
About Deer Horn Capital
Deer Horn Capital is committed to exploring for, and providing, strategic and critical metals vital to a low‐
carbon economy and for the advancement of technology. The Company’s leadership has a track record of
project monetization with a board and advisory group that includes industry leaders in finance, mineral
property development, geology, mineralogy, solar power, engineering, research and First Nations
engagement and economic development.
On behalf of the board of directors of
Deer Horn Capital Inc.
“Tyrone Docherty”
Tyrone Docherty
President and CEO
For further information please contact:
Tyrone Docherty
604.789.5653
Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this
release.
Forward‐looking information
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the
future are forward‐looking statements. These forward‐looking statements involve numerous assumptions made by the Company based on its experience, perception
of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements
involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward‐looking
statements will prove inaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward‐looking statements. Except
as required by law, the Company does not intend to revise or update these forward‐looking statements after the date hereof or revise them to reflect the occurrence of
future unanticipated event.