Mining’s old guard needs strong medicine
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Etruscus Resources (CSE: ETR) and the Tahltan Central Government (TCG) signed this week a Communications Agreement regarding the Rock & Roll property, which is located in British Columbia’s Golden Triangle and within Tahltan territory.
The 5,309-hectare property, which has been explored since the late 1800s, is 100% owned by Etruscus. A 2018 NI 43-101 compliant inferred resource estimates the resource to be 2.02Mt of 2.63 g/t AuEq composed of 0.71 g/t Au, 87.1 g/t Ag, 0.23% Cu, 0.23% Pb and 0.98% Zn.
In the coming months, the Vancouver-based miner wants to carry out a $1.86-million, two-phased exploration program that includes geological and geochemical surveying and 2,500 metres of drilling in 10-12 drill holes.
The eastern border of the Rock & Roll property is contiguous to Seabridge Gold’s Iskut Project and lays 7 km to the west of Skeena Resources’ past producing Snip Mine.
In the face of this work plan, Etruscus management said it was crucial to have direct communication with the local First Nation, whose territory extends for 95,933 square kilometres or the equivalent of 11% of the province. The executive team approached the TCG, which is the representative government of the Tahltan Nation in respect of Aboriginal title and rights, and it is responsible for the ecosystem and natural resources of their territory.
The communication deal between both organizations should guide the practicalities of establishing a collaborative working environment.
“We are pleased to have signed a Communications Agreement with the Tahltan Nation. By establishing this important relationship prior to our 2019 Rock & Roll exploration program, Etruscus is better positioned to make plans that align both parties’ interests while moving our project forward in a mutually beneficial manner,” Gordon Lam, the firm’s President and CEO, said in a media statement.
