The Conversation (0)
Prophecy Platinum Corp. (TSXV:NKL,OTCQX:PNIKF,FWB:P94P) and the Kluane First Nation have concluded a cooperation and benefits agreement for the development of the Wellgreen Project in southwestern Yukon.
As quoted in the press release:
The Agreement, which is comprehensive in nature, includes provisions for employment and training opportunities for KFN citizens, contracting opportunities for KFN businesses and citizens, funding for the meaningful implementation of the Agreement, and an equity position in Prophecy Platinum for KFN and its citizens. Acting reasonably and in good faith, KFN may participate fully and without limitation in all regulatory process concerning the exploration activities. Other highlights include environmental protection through the cooperative design and implementation of environmental management and monitoring programs, and a framework and mutual commitment to develop a Comprehensive Cooperation and Benefits Agreement for the eventual development and operation of a mine.
Prophecy Chairman John Lee said:
The Prophecy team is committed to an open and mutually beneficial relationship with the Kluane First Nation and local communities. I would like to express my gratitude to Chief Alatini and her team for their hard work and commitment toward completing this agreement. This agreement reflects our genuine and mutual commitment to work together in support of one another’s interests, and provides a foundation for strengthening our relationship as Prophecy moves toward a production decision.
Click here to read the Prophecy Platinum (TSXV:NKL,OTCQX:PNIKF,FWB:P94P) press release
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