March 06, 2008 18:27 ET

Terrane Metals proposal at Shus Nadloh

Attention: Assignment Editor, Business/Financial Editor, Environment Editor, News Editor, Government/Political Affairs Editor FORT ST JAMES, BC, PRESS RELEASE--(Marketwire - March 6, 2008) - The Association of Mineral Explorers of British Columbia (AME BC) statements at the PDAC meeting in Toronto that the Terrane Metals proposal in Nak'azdli territory is a 'no brainer' is terribly miscalculated. Chief Fred Sam from Nak'azdli states, "This proposal by Terrane at Shus Nadloh requires the free, prior and informed consent of our people and the discussions with the Crown and the company are not proceeding well."

Terrane Metals and their investors should be aware that putting the public relations into the hands of AMEBC or the Mining Association of BC could result in the same dilemma as the Kemess North proposal just north of Nak'azdli. Due to these statements by AMEBC, Nak'azdli is left with no option but to inform the institutional investors, banks, and shareholders of Terrane that this project is in serious jeopardy and they should invest their money in projects that respect the rights and title of Indigenous Peoples.

Nak'azdli has Aboriginal rights and title to and in the proposed mine site and if Terrane, AMEBC, The Mining Association of BC and the British Columbia Government continue ignoring our rights this project will not get to the construction phase.

Chief Fred Sam confirms "Our position is that we want to make sure that the environment will be healthy for our children and grandchildren. We are the ones left here and our children and grandchildren are the ones who are left holding the bag once the mine is completed."

Nak'azdli will be calling upon the National Chief of the Assembly of First Nations, Grand Chief Phil Fontaine to raise this concern with the mineral prospectors association who signed an agreement with the Assembly of First Nations to work with Aboriginal Peoples in Toronto this week. The head of this association Patricia Dillon called the memorandum a ``demonstration of trust'' and said the association aims to enhance its ``understanding and respect'' for First Nations. "These mining associations sign these MOUs and then breach them the same day", stated Chief Fred Sam.

Background Statement:
Nak'azdli has Aboriginal rights and title throughout the proposed mine site. This proposed mine is located at Shus Nadloh and is in the Nak'azdli First Nation territory. This name has been used for many generations and the English name was recently used without our permission. Our history behind this name dates back many generations and the use of the English term (Mt. Milligan) diminishes the significance of our area and is troubling to us. Nak'azdli continues to use this area and we have strong case of prima facie title and rights. The land question with the Crown and Nak'azdli has yet to be resolved therefore the Crown cannot take unilateral action to provide a permit to third party interests. /For further information: Leonard Thomas – (250) 996-0088 or cell (250) 613- 6340
Anne Marie Sam – message at (250) 996-7171 or cell (250) 649-8284/ IN: ECONOMY, ENVIRONMENT, MINING, POLITICS

Contact Information

    Primary Phone: 250-996-3772