NANA Regional Corporation Inc., a Regional Alaska Native Corporation (ANC) created pursuant to the Alaska Native Claims Settlement Act (ANCSA) of 1971, owns and manages the surface and subsurface rights of approximately 2.2 million acres of land in Northwest Alaska, including portions of the Upper Kobuk Mineral Projects.
Our team has been working closely with NANA since work on the project was initiated in 2004 and a cooperative and long-term agreement signed in 2011 creating a major district for polymetallic exploration and development. The Agreement consolidates our Company’s and NANA's land holdings into an approximately 353,000-acre land package and provides a framework for the exploration and development of this high-grade and prospective polymetallic belt. The Agreement is underlain by a mutual commitment to sustainable development.
Highlights of the Agreement, which considers exploration and potentially development, operations, reclamation, and closure, include:
Wayne Westlake, NANA CEO visiting employees at Bornite.