“We hold the utmost respect for all people, the land, the culture, and the environment.”
Core Value — RESPECT
Learn more about our Core Values
Respect * Team * Safety * Integrity * Responsibility
A MUTUAL COMMITMENT TO SUSTAINABLE DEVELOPMENT:
A NANA Partnership
The NANA partnership began in 2004 when work initiated on the Project. The close working relationship now stands as a cooperative and long-term agreement signed in 2011, allowing for exploration and development of this large-scale and important domestic polymetallic district.
A Framework for Exploration
The Agreement consolidates Ambler Metals LLC and NANA’s holdings into a 427,000-acre package. This provides the framework for exploration and the potential development of this high-grade and prospective polymetallic belt. All exploration efforts include the full spectrum of operations, reclamation, and closure.
Agreement Highlights
An Oversight Committee with equal representation from each party, to regularly review plans and activities on the Project;
The option for NANA to participate as a joint-venture partner or receive a net proceeds royalty upon establishment of any mining operation;
Commitment from Ambler Metals LLC to promote employment for NANA shareholders by fulfilling shareholder hiring and contracting preferences;
Rights to lease land for mining operations;
Payments and net smelter return royalties to NANA for mineral rights and surface use for mine-related infrastructure and facilities;
A scholarship fund to promote education for youth in the region;
A Sustainability Committee to protect subsistence and the Iñupiaq way of life; and
An area of interest within which land acquired by either party will form part of the Agreement.
About NANA
NANA Regional Corporation Inc., an Alaska Native Corporation, was created pursuant to the Alaska Native Claims Settlement Act of 1971. NANA 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.