Joint Release - Kwanlin Dun First Nation and Gladiator Metals Corp.
Joint Release - Kwanlin Dun First Nation and
Gladiator Metals Corp.
Whitehorse, Yukon and Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - Kwanlin Dun
First Nation ("KDFN") and Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("GM")
are pleased to announce that they have entered into a Capacity Funding Agreement dated August 1,
2024 (the "Agreement"). GM is currently in the initial phase of permitting and undertaking ongoing
exploration activities within KDFN's traditional territory in connection with GM's Whitehorse Copper
Project.
The Agreement represents a positive milestone towards building a long-term relationship between
KDFN and Gladiator, and they look forward to developing a sustainable relationship founded on mutual
understanding, respect and open communication. This important Agreement outlines Gladiator's
financial contribution to support KDFN's initial review of the Project, and participation in consultation
activities, and any environmental assessment of the Project. The Agreement does not indicate KDFN's
approval of Gladiator's exploration activities within KDFN's traditional territory.
The Agreement formalizes the process for KDFN and GM to meaningfully engage in respect of the
Project and any other GM activities within KDFN's traditional territory. It sets out processes for GM and
KDFN to engage regarding the potential effects of GM's activities and the potential strategies or
measures, as appropriate, to avoid, mitigate and manage any such potential effects. GM has agreed to
provide capacity funding to KDFN to support these processes.
KDFN Chief Sean Uyenets'echᶖa Smith commented: "We look forward to continuing to work with
Gladiator Metals through KDFN's meaningful engagement in the ongoing permitting and exploration
phase of the project. Outdated mining legislation needs to be updated to safeguard the environment
before any large mining project moves forward."
Jason Bontempo, CEO of Gladiator Metals, commented: "Since the acquisition of the Whitehorse
Copper Project, Gladiator Metals and the KDFN have established and grown a meaningful relationship
via respectful consultation, participation, engagement, and transparency. I'm extremely pleased and
proud that we are now formally engaged to outline the process of working together towards a Benefits,
Cooperation and Foundation agreement for a long-term, mutually beneficial partnership during the
exploration phase of the Whitehorse Copper Project in a manner respectful of the KDFN's rights and
interests, including all environmental protections."
ON BEHALF OF THE BOARD
"
Jason Bontempo
"
Jason Bontempo
CEO
For further information contact:
Dylan MacNeil, Communications Manager
Kwanlin Dün First Nation
867-332-3106
Caitlin Cheadle, Investor Relations
Gladiator Metals Corp.
+1-778-403-5139
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/227650