The Nisga’a’s current royalty portfolio includes Newmont’s (NYSE: NEM) Brucejack gold mine, Seabridge Gold’s (TSX: SEA; NYSE: SA) KSM copper-gold-silver-molybdenum project, Ascot Resources’ (TSX: AOT; US-OTC: AOTVF) Premier Gold project and Red Mountain deposit; and new Moly LLC’s Kitsault molybdenum project.
The company is speaking with other First Nations and Indigenous groups to encourage them to join Nations, for the aim of combining royalties from mining projects and welcoming external investors as shareholders.
“Our people have a history of leadership and innovation, from significant legal victories to the first modern treaty in British Columbia,” said Eva Clayton, president of Nisga’a Lisims government. “Today, we embark on this new venture with Indigenous groups and leaders from the mining industry to promote cooperation and progress, ushering in a new era in Indigenous business, as well…
