BC First Nations Energy & Mining Council Sharing the Wealth: First Nation Resource Participation Models March 2010 Table of Contents FNEMC Sharing the Wealth Section 1 Introduction. [...] Section 3 Foundations 3.1 BC First Nations Mineral Exploration and Mining Action Plan Principles The following principles as set out in the BC First Nations Mineral Exploration and Mining Action Plan are the foundation for the approach and models set out in this paper: • Respect and Recognition: First Nations are the original owners and stewards of our lands and resources. The [...] Other topics as may be agreed specific to the project (e.g., right of ways.) FNEMC Sharing the Wealth Page 10 3.4 Revenue Sharing vs. Resource Agreements There is an fundamental and important distinction between Revenue Sharing Agreements and Resource Agreements: Revenue Sharing Agreements are ag [...] Abrogate Rights (eliminate) FNEMC Sharing the Wealth Page 11 Section 4 Model for First Nation Financial Participation in Mining Projects 4.1 Financial Models There are many options for the design of First Nation financial participation in mining and other resource based projects. Ge