Calista Corporation Statement on Donlin Gold Project Section 401 Certification

Calista Supports State Decision Regarding Water Quality

May 28, 2021

(Anchorage, Alaska) – Calista (cha-LIS-tah) Corporation issued the following statement after a decision from Alaska Department of Environmental Conservation Commissioner Jason Brune on the Donlin Gold Project’s Section 401 Certification:

“As landowner, Calista is committed to developing a mining operation consistent with our Elders’ vision of responsible development that creates jobs and economic benefits while safeguarding our environment and culture. The Alaska Native Claims Settlement Act obligates us to manage Calista lands to achieve self-determination and socio-economic benefits for our Shareholders.

Before, during and after development, the Donlin Gold Project must meet strict water quality standards that protect salmon and all other aquatic life. The ADEC Commissioner has an important role in regulating water quality, and there has been disagreement about how ADEC applies those water quality standards to the Donlin Gold Project.

After an Administrative Law Judge weighed in on this issue with a proposed decision, the ADEC Commissioner had several options, including rejecting the proposed decision, adopting it in whole or in part, or returning the matter to the Division of Water. Calista respects the process and remains committed to advancing the Donlin Gold Project and protecting the subsistence way of life in our Region.”

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Calista Corporation has over 33,700 Shareholders and is the parent company of more than 30 subsidiaries in the following industries: defense contracting, construction, real estate, environmental services, natural resource development, marine transportation, oilfield services, and heavy equipment sales, service and rentals. Since 1994, Calista has provided more than $5.5 million in scholarships to its Shareholders and Descendants. Since inception, Calista has declared more than $85.9 million in dividends and distributions, and $8.2 million in Elders’ Benefit Program distributions to Shareholders. Calista can be found on Facebook (www.facebook.com/CalistaCorporation), Twitter (https://twitter.com/CalistaCorp) and Instagram (www.instagram.com/calistacorp). If you would like more information or to schedule an interview with Calista Corporation, please contact the communications department at media@calistacorp.com.