Teslin Tlingit Council and Strategic Metals Ltd. Announce Access and Exploration Agreement
Teslin Tlingit Council and Strategic Metals Ltd. Announce Access and
Exploration Agreement
Teslin, Yukon Territory – October 24, 2022 – Teslin Tlingit Council (“TTC”) and Strategic Metals
Ltd. (TSX -V: SMD ) ( “Strategic”) are pleased to announce the signing of the Access and
Exploration Agreement.
The Agreement aims at improving communication between Strategic and TTC as well as
developing a respectful relationship based on cooperation and responsible exploration activities
on TTC’s Traditional Territory in the Yukon . This Agreement also provides a framework for
consultation for all exploration activities undertaken by Strategic on TTC Traditional Territory in
the Yukon except for TTC’s Settlement Land.
“TTC and Strategic have a long history of working together. This Agreement formalizes our
commitment to cooperation and early consultation. It sets the bar as to how mining companies
should work and engage with First Nation governments. We expect no less from all exploration
and mining companies who want to do business on our Traditional Territory,” stated Naa Sháade
Háni Eric Morris.
“Strategic has undertaken to engage with TTC as soon as claims are acquired in order to develop
cooperative and respectful relationships, identify local business and employment opportunities,
and build support for mineral exploration and development. The ongoing consultation should
make Strategic more aware of TTC concerns and g ive TTC a better understanding of preferred
exploration techniques and the ir alternatives,” states Douglas Eaton, President and CEO of
Strategic. “This Access and Exploration Agreement provides a clear framework for early stage
consultation, and a path f orward to develop a more comprehensive cooperation and benefits
agreement, should a project move from exploration to economic evaluation.”
Other key objectives of the Agreement include:
• providing business and employment opportunities to TTC, Citizens and TTC businesses;
• establishing environmental monitoring mechanism to oversee exploration activities;
• establishing a committee composed of the Parties to discuss matters related to exploration
and oversee the implementation of the Agreement; and,
• setting a framework for long term consultation as well as the negotiation of a more
comprehensive project specific agreement if exploration activities are successful.
Strategic currently holds 6 projects within the TTC Traditional Territory in the Yukon including
the Hidden and Obvious Tungsten projects, the Byng and Grayling Gold projects, and the Con and
2
Convert Silver-lead-zinc projects. Consultation is expected to begin at the earliest stages of
exploration and continue throughout the duration of the projects.
For further information contact:
Communications Coordinator
Teslin Tlingit Council
867.390.2532 ext. 306
Email: [email protected]
Corporate Information
W. Douglas Eaton
President and C.E.O.
Strategic Metals Ltd.
Tel: (604) 688-2568
Investor and Media Inquiries
Richard Drechsler
V.P. Communications
Strategic Metals Ltd.
Tel: (604) 687-2522
NA Toll-Free: (888) 688-2522