December Stibnite Advisory Council Meeting Summary

December Stibnite Advisory Council Meeting Summary

Published on December 5, 2018


The Stibnite Advisory Council gives communities a seat at the table with Midas Gold and the opportunity to help shape the Stibnite Gold Project. The council meets monthly to discuss the impacts, concerns and opportunities surrounding the project. The Stibnite Advisory Council is comprised of appointed representatives from eight communities near the project site and Midas Gold. Here is a summary of what was discussed during the December 5, 2018 Stibnite Advisory Council meeting:


Lynn Imel – Yellow Pine

Glenna Young – Cascade

Gene Tyler – Donnelly

Julie Good – New Meadows

Bob Crump – Riggins

Tami Testa – Council

Denis Duman – Idaho County

Anne Labelle – Midas Gold

Synopsis prepared by: Anne Labelle, Midas Gold Idaho, Inc.

  1. Chair– Until bylaws are approved, Anne Labelle will serve as the existing Chair.
  2. Meetings– Meetings will be monthly, generally on the second Thursday of each month, 10:00 AM to noon, Midas Gold Idaho’s Donnelly office, with call-in option.
  3. Working Group for Stibnite Advisory Council Bylaws– Bylaws for the Stibnite Advisory Council will be developed and proposed by Julie Good – New Meadows, Gene Tyler – Donnelly and Anne Labelle—Midas Gold. The working group will work to present final bylaws to the full advisory council for approval by the deadline of March 31, 2019.
  4. Working Group for Stibnite Foundation – The Stibnite Foundation working group will consist of Julie Good – New Meadows and Anne Labelle—Midas Gold Deadline for Midas Gold to create the Foundation is February 28, 2019.The contribution of $100,000 cash plus 1.5 million MGC shares will be provided within a further 60 days of the Foundation creation date. The additional $100,000 contribution for calendar 2019 is due in Q1/19 so not later than March 31, 2019 provided the Foundation has been created.
  5. Stibnite Gold Project Presentation January 10, 2019– The Stibnite Advisory Council would like an overview of the project at their January 10, 2019 meeting. From that initial presentation, the Advisory Council will determine which working groups they would like to organize, if any. The Advisory Council will provide us with a list of topics they would like covered by December 31.
  6. Form of Reporting to Communities– We determined that the obligation of the Stibnite Advisory Council to report back to the Communities will take the form of a meeting summary and minutes distributed to the elected entity for each Community (for example the City of Cascade, Yellow Pine Village Association, etc.). The elected entity will likely distribute in their meeting packets, but this is up to the individual community re how to distribute.

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