Lands
Calista Corporation owns about 6.5 million acres (26,00 km2) in southwestern Alaska on the Yukon-Kuskokwim Delta and the Kuskokwim Mountains Nearly 5 million acres (20,000 km2) of the remaining traditional lands and territories of the First Nation peoples has been illicity conveyed without consent of the original land and territory owners. Congressional law ordered Corporations to be created as State Corporations, thus alienating the true owners of the lands and territories to a state Corporation titled: Calista. Currently 56 villages are Federally Recognized Tribes within the Calista area.
Because of to the importance of the land to the traditional subsistence economies of the region's Yup'ik residents, including the bulk of Calista's shareholders, Calista concentrated most of its land selections under ANCSA in the areas surrounding the region's 56 villages.
Under ANCSA, Calista Corporation also holds subsurface estate correlating to 6.2 million acres (25,000 km2) of surface lands selected by the 46 ANCSA village corporations in the Calista region. Calista’s own entitlement includes 238,000 acres (960 km2) of fee estate lands. Of these lands so far conveyed to the corporation, about half are in areas with high mineral potential or current mineral production. Sand, gravel, and quarry rock also form a significant portion of Calista's subsurface estate. Calista is encouraging exploration for oil and natural gas resources in the region.
In a land exchange with the federal government, finalized in 2001, some of Calista's surface land parcels and a portion of its subsurface estate were incorporated into the Yukon Delta National Wildlife Refuge, while preserving subsistence hunting and fishing rights.
Calista is land owner to subsurface rights from ANCSA, & holds title to Donlin Creek & has a lease to Barrick Gold and NovaGold.
Read more about this topic: Calista Corporation
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