Agreement Provides Framework for Cooperation Agreement Negotiations and Community Consultation
FREDERICTON, June 27, 2013 /CNW/ - Northcliff Resources Ltd. ("Northcliff" or the "Company") (TSX: NCF) is pleased to announce it has signed a Process Agreement (the "Agreement") with the Woodstock First Nation for the Sisson Tungsten-Molybdenum Project located in central New Brunswick. The Agreement provides a framework for Northcliff and the Woodstock First Nation to negotiate a Cooperation Agreement and to work together on community consultation efforts.
Woodstock First Nation Chief Len Tomah, Jr. said, "This is a first and important step for the Woodstock First Nation to take with the Company in assessing whether the proposed Sisson Project can provide sustainable opportunities for our community. There is a great deal that our membership needs to learn about with respect to both the potential impacts and benefits of this Project, and through this Process Agreement, we hope to become better informed about the Sisson Project."
Northcliff President & CEO Chris Zahovskis said, "I would like to thank the Woodstock First Nation for their willingness to explore opportunities with us related to the development of the Sisson Project. We believe the proposed project has the potential to create long term benefits for New Brunswick First Nations and this agreement is a step in that direction. We have agreed to implement a community consultation process that is based on open dialogue and good faith. We have also agreed to implement a process to negotiate a long term Cooperation Agreement with the Woodstock First Nation. Northcliff is committed to meaningful consultation with First Nations and we look forward to establishing a long term partnership with the Woodstock First Nation."
The Process Agreement consists of the following key areas:
Cooperation Agreement Negotiations
The Process Agreement outlines the approach for the establishment of a Cooperation Agreement that would record the formal relationship and associated benefits negotiated between the two parties. A Cooperation Agreement, commonly referred to as an Impact and Benefits Agreement, is a long term agreement between a company and a First Nation setting out the obligations, responsibilities and benefits of the various parties. Northcliff and the Woodstock First Nation have agreed to negotiate in good faith and in a spirit of cooperation and mutual respect. A Cooperation Agreement could contain commitments related to environmental protection, education and employment of Woodstock First Nations members, social and cultural protection and enhancements, and economic benefits.
Community Consultation Process
A key aspect of the consultation process is engaging First Nations community members to discuss potential impacts of the project on First Nations' interests. As part of the Process Agreement, the Woodstock First Nation will implement a community consultation process that will inform the community about the status of the potential development and learn what the community thinks about the Sisson Project.
About The Woodstock First Nation
The Woodstock First Nation is a Maliseet First Nation located in the Province of New Brunswick on the shore of the Saint John River. The Sisson Project is located within Maliseet traditional territory and approximately 50 kilometers from the Woodstock First Nation's reserve.
About Northcliff Resources Ltd.
Northcliff, associated with Hunter Dickinson Inc. (HDI), is a mineral resource company focused on advancing the feasibility-stage Sisson Tungsten-Molybdenum Project located in New Brunswick, Canada, to production. The results of the Feasibility Study, completed in January 2013, confirm that the Sisson Project is technically and economically feasible and can now move on to the next stage of development. For more information on Northcliff and the Sisson Tungsten-Molybdenum Project, please visit our website: www.northcliffresources.com.
Chris Zahovskis, President & CEO
Northcliff Resources Ltd.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address completion of, permitting, exploration drilling, exploitation activities and events or developments that the company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include uncertainty of shareholder support, the need for judicial and regulatory approvals, market prices, potential environmental issues or liabilities associated with exploration, development and mining activities, exploitation and exploration successes, continuity of mineralization, potential environmental issues and liabilities associated with exploration, development and mining activities, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
SOURCE: Northcliff Resources Ltd.
For further information:
Greg Davidson, Community Relations Manager
Northcliff Resources Ltd.