Simpcw First Nation

Simpcw First Nation

August 04, 2011 09:00 ET

Media Advisory: Simpcw First Nation and Selkirk Metals Corporation to Sign Cooperation Agreement on Ruddock Creek Zinc/Lead Mining Project

BARRIERE, BRITISH COLUMBIA--(Marketwire - Aug. 4, 2011) - Simpcw First Nation announced today it will be signing a cooperation agreement with Selkirk Metals Corporation, a subsidiary of Imperial Metals Corporation, with respect to the Ruddock Creek zinc/lead project, near Clearwater, BC. The signing ceremony will take place on August 9 at 3:30pm in the Clearwater Community Resource Centre, 751 Clearwater Village Road, Clearwater, BC. On August 10 Simpcw representatives, along with company officials, will tour the Ruddock Creek mining exploration site. The media are welcome to attend this tour, which will be an all-day event with access limited to 4 wheel drive vehicles suitable for off highway use.

The Ruddock Creek zinc/lead property is located 155 kilometres northeast of Kamloops, and is in the advanced exploration phase. Ruddock Creek was acquired by Imperial in 2009 through a merger with Selkirk, which continues to manage the project. Over the past several years Selkirk has obtained favourable drilling results, attracting the attention of Japanese investors Mitsui Mining and Smelting Co. Ltd. and Itochu Corporation. These companies have an option to earn a 50% interest in the Ruddock Creek Property through their investment in the ongoing exploration and development program.

Simpcw First Nation has a vast traditional territory encompassing the North Thompson and Robson valleys and adjacent mountainous areas, including a number of mineral rich locations where future mining projects are expected to occur. Simpcw is very committed to engaging in environmentally responsible resource development projects that produce long-term economic benefit both for Simpcw people and non-aboriginal communities within Simpcw territory.

At the August 9th signing ceremony Simpcw representatives, along with the Mayor of Clearwater and officials from Imperial will hold a joint press conference to review key points of the cooperation agreement, and to outline their expectations for the proposed Ruddock Creek project.

Contact Information

  • Simpcw First Nation
    Doug Brown
    250-672-5858 (FAX)

    Imperial Metals Corporation
    Gordon Keevil
    Vice President Corporate Development