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Stikine Energy Corp And Kaska Dena Council Enter Strategic Agreement To Advance NONDA PROJECT

Stocks in this article: SKY

"We strongly believe that mine development projects like ours can only become truly successful when they have the support and participation of First Nations," said Stikine President and CEO Scott Broughton.  "With strong and respectful relationship-building as a primary objective, we will continue to work collaboratively with the Kaska and other First Nations in the area to advance and develop the Project in a way that delivers understanding and removes uncertainty for all.  We see that the opportunities for First Nations associated with the Project are tremendous, and as we move forward, we are eager to develop comprehensive socio-economic agreements and other forms of participation that will outline those benefits to the communities."

"The signing of this agreement is recognition of an existing and cooperative relationship between Stikine and the Kaska," Miller said.  "It is only by respecting each other that we will be able to achieve mutually successful outcomes."

About Kaska Dena Council

The Kaska Dena Council was formed as a Society in 1981 to advance interests of Kaska individuals who are potential beneficiaries of a treaty settlement with Canada and British Columbia.

The Council represents the Kaska Dena in British Columbia and its Board of Directors comprises representatives from Daylu Dena Council, Dease River First Nation, Kwadacha First Nation and traditional Kaska Dena communities of Muncho Dena and Fireside Dena.

Kaska Dena Traditional Territory extends from MacMillan Pass on the Yukon/ Northwest Territories border in the north, to Kwadacha in the south, and from Little Salmon Lake, Yukon in the west to Fort Nelson in the East.

About Stikine Energy Corp.

Stikine Energy Corp (TSX.V: SKY), a Vancouver based company, is committed to becoming a dominant frac sand producer and supplier to British Columbia's shale gas industry. The company currently proposes two frac sand mines for northeastern BC.  The Nonda Project is located approximately 150 km west of the Horn River Basin and the Angus Project is approximately 200 km south of the Montney Basin, with major infrastructure nearby. Both projects are in the heart of major gas plays but opportunities to supply beyond BC into other markets may also exist.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that terms is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Stikine Energy Corp.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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