East Kootenay News Online Weekly
May 31, 2012 – Ian Cobb
The long and winding road that the solution to Lot 48 has travelled the past seven years appears to have straightened out and is heading to a conclusion.
Teck Resources Limited (Teck) announced this morning that it is donating $2 million to the Nature Conservancy of Canada (NCC) to go toward the purchase of the 127-hectare parcel land on the east side of Columbia Lake, currently valued at $7.2 million.
With other funding already in place, the NCC “is very close” to finalizing the purchase of the property, said Nancy Newhouse, NCC’s Canadian Rockies program manager following the historic announcement May 28 at St. Eugene Resort.
For more information, please read this announcement