redtail metals corp (RTZ) Snapshot

The Kaska Nation, as represented by Ross River Dena Council and the Liard First Nation, and the Predator Group represented by Golden Predator Corp. Golden Predator Canada Corp., Redtail Metals Corp. and Silver Predator Corp. announced that they have signed an Exploration Agreement with respect to activities within the traditional territory of the Kaska Nation. The Kaska Nation and the Predator Group companies are entering into this Agreement to promote a cooperative and mutually respectful relationship in respect of Golden Predator, Redtail Metals and Silver Predator's exploration projects located within the Kaska Nation's traditional territory. The Agreement is focused on exploration activities and does not apply to development and production of mining properties. The Agreement also lays the foundation for the process for the development of a Socio Economic Participation Agreement upon the advancement towards mineral production decisions of all properties within the Predator Group companies. Highlights of the agreement include: Kaska support for exploration projects of the companies, subject to meeting appropriate environmental and regulatory requirements; Kaska participation and support for the Company's permitting applications, subject to a clear process for review and input prior to filing, and a mechanism to expeditiously address and resolve any concerns Kaska may have; establishment of Traditional Knowledge protocol for matters pertaining to the exploration projects and resolving any disputes that may arise; preferential employment and economic development opportunities for Kaska businesses and citizens; provision for the assignment of the Agreement to assignees or optionees of properties; provisions for equity participation by the Kaska Nation; the establishment of a Kaska Community Fund; and a respectful process for resolving issues with mining claims within the Frances Lake study area.

The Kaska Nation, as represented by Ross River Dena Council and the Liard First Nation, and the Predator Group represented by Golden Predator Corp., Golden Predator Canada Corp., Redtail Metals Corp. and Silver Predator Corp. announced that they have signed an Exploration Agreement with respect to activities within the traditional territory of the Kaska Nation. This agreement represents in the Yukon between the Kaska Nation and a group of mining companies. The Kaska Nation and the Predator Group companies are entering into this Agreement to promote a cooperative and mutually respectful relationship in respect of Golden Predator, Redtail Metals and Silver Predator's exploration projects located within the Kaska Nation's traditional territory. The Agreement is focused on exploration activities and does not apply to development and production of mining properties. The Agreement also lays the foundation for the process for the development of a Socio Economic Participation Agreement upon the advancement towards mineral production decisions of all properties within the Predator Group companies.

Redtail Metals Corp. announced that it has successfully completed the fall 2012 drill program on the R15 Property, Yukon Territory. Five diamond drill holes were completed for a total of 686 meters. All 5 holes intersected significant massive sulphide mineralization. The 5 holes were drilled at approximately 100 meters spacing to an average depth of 135 meters. These holes were designed as in-fill and step-out holes to delineate and expand the initial discovery holes drilled by Teck Cominco Limited in 2004. All holes were oriented due south and drilled at -70 or -75 degrees. To date mineralization has been intersected in a roughly 400 by 300 meters zone, which continues to be open in all directions. The mineralized horizon strikes approximately 330(o) and dips 15(o) to the northeast. The R15 Project consists of a Yukon Government Lease of Mining Rights to the Kaska Minerals Corporation dated February 3, 2004 covering 4,304 hectares. It is located approximately 120 km ESE of Ross River and approximately 25 km southwest of the Robert Campbell Highway within the prolific Finlayson Lake District; a crescent-shaped portion of the Yukon Tanana Terrane located in the south-eastern part of the Yukon Territory that hosts numerous other volcanic-hosted massive sulphide deposits including the high-grade, poly-metallic Wolverine deposit, the Kudz Ze Kayah deposit, and the GP4F deposit. The R15 Project lies 0.5 km along strike from, Teck's GP4F project and hosts massive sulphide mineralization that is geologically similar to the GP4F. The R15 mineralization may represent the continuation of the GP4F horizon along strike.