Kutcho Copper Files Project Description and Enters into Environmental Assessment and Permitting Process
September 17 2019 - 8:00AM
Kutcho Copper Corp. (TSXV: KC) (OTC: KCCFF)
(“Kutcho Copper” or the “Company”) is pleased to announce
submission of the final Project Description to the British Columbia
Environmental Assessment Office on Sept. 16, 2019, which initiates
the Environmental Assessment process in BC. With the passing
of Bill C-69 (Canadian Impact Assessment Act) and associated
threshold regulations, the Kutcho Project is not required to
undertake a federal environmental assessment.
The Kutcho Project is located within the
overlapping Territories of the Kaska Dena and Tahltan
Nations. Kutcho Copper would like to thank the Kaska
Dena Nation (as represented by Dease River First Nation) and
Tahltan Nation for working collaboratively with the company on
preparation of the Project Description, including writing certain
sections of the document.
Kutcho Copper President & CEO Vince Sorace
notes, “The opportunity to develop and review the Project
Description collaboratively with the Kaska Dena and Tahltan Nations
was of utmost importance to the Kutcho Project, and is key to
building our relationship with the two Nations. The time and
effort they put into this work is greatly appreciated by the
Company and we look forward to working together with the Kaska Dena
and Tahltan Nations as the project progresses.”
Chief Manygreyhorses, Chief of the Dease River
First Nation states, “The collaborative approach Kutcho Copper has
taken with our Nation is appreciated and recognition by the Company
of the importance of our input at the early stage of the project
will benefit both Kutcho Copper and the nation as the project
progresses.”
Chad Day, President of the Tahltan Central
Government (TCG) commented, “The Tahltan Nation is encouraged
with the early engagement and collaborative process on the Project
Description for the Kutcho Project. This approach embodies
the spirit and intent of the new Environmental Assessment
Legislation in British Columbia, and the Tahltan look forward to
working with Kutcho Copper in the future.”
Kutcho Copper currently has exploration
agreements signed with both the Kaska Dena and Tahltan Nations,
which include clauses to negotiate Impact Benefit Agreements.
About Kutcho Copper Corp.
Kutcho Copper Corp. is a Canadian resource
development company focused on expanding and developing the Kutcho
high grade copper-zinc project in northern British Columbia.
Committed to social responsibility and the highest environmental
standards, the Company intends to progress the Kutcho Project
through feasibility and permitting to a positive construction
decision.
Vince Sorace President & CEO, Kutcho Copper Corp.
For further information regarding Kutcho Copper
Corp., please email info@kutcho.ca or visit our website at
www.kutcho.ca.
Cautionary Note Regarding Forward-Looking
Statements
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This news release contains certain statements
that may be deemed “forward-looking statements” with respect to the
Company within the meaning of applicable securities laws.
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
“expects”, “plans”, “anticipates”, “believes”, “intends”,
“estimates”, “projects”, “potential”, “indicates”, “opportunity”,
“possible” and similar expressions, or that events or conditions
“will”, “would”, “may”, “could” or “should” occur. Although Kutcho
Copper believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, are subject to risks and
uncertainties, and actual results or realities may differ
materially from those in the forward-looking statements. Such
material risks and uncertainties include, but are not limited to,
the Company’s ability to raise sufficient capital to fund its
obligations under its property agreements going forward, to
maintain its mineral tenures and concessions in good standing, to
explore and develop the Kutcho project or its other projects, to
repay its debt and for general working capital purposes; changes in
economic conditions or financial markets; the inherent hazards
associates with mineral exploration and mining operations, future
prices of copper and other metals, changes in general economic
conditions, accuracy of mineral resource and reserve estimates, the
potential for new discoveries, the potential to convert inferred
resources to indicated or measured resources, the potential to
optimize the mine plan, the ability of the Company to obtain the
necessary permits and consents required to explore, drill and
develop the Kutcho project and if obtained, to obtain such permits
and consents in a timely fashion relative to the Company’s plans
and business objectives for the projects; the general ability of
the Company to monetize its mineral resources; and changes in
environmental and other laws or regulations that could have an
impact on the Company’s operations, compliance with environmental
laws and regulations, aboriginal title claims and rights to
consultation and accommodation, dependence on key management
personnel and general competition in the mining industry.
Forward-looking statements are based on the reasonable beliefs,
estimates and opinions of the Company’s management on the date the
statements are made. Except as required by law, the Company
undertakes no obligation to update these forward-looking statements
in the event that management’s beliefs, estimates or opinions, or
other factors, should change.
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