The Galore Creek Mining Corporation (GCMC) is a mineral development company established to explore and develop the Galore Creek deposit in north western British Columbia, Canada. The deposit is one of the world's largest undeveloped copper-gold-silver deposits and resides in a stable jurisdiction with a long history of mining. The Galore Creek Project will be a large tonnage open pit operation. GCMC is a 50/50 partnership between wholly-owned subsidiaries of NOVAGOLD RESOURCES INC. ("NOVAGOLD") and Teck Resources Limited ("Teck"). The project is located in the territory of the Tahltan Nation. GCMC and the Tahltan Nation have signed an agreement that defines the terms under which the project would be developed with the participation of the Tahltan Nation. Committed to responsible resource development, GCMC continues to work collaboratively with its communities of interest to achieve sustainable benefits from the development of the Galore Creek project.