Mishkeegogamang signs exploration MOU

Mishkeegogamang Ojibway Nation has signed an exploration memorandum of understanding with Manicouagan Minerals Inc. over the company’s exploration activities near Pickle Lake, Ont.
“This agreement is another significant step in our efforts to participate in the economy of our traditional lands,” said Chief Connie Gray-McKay. “By entering this agreement, Manicouagan has demonstrated the level of respect for our people and our lands that we expect from all resource companies operating on our traditional lands.”
Manicouagan acquired the right to earn up to 70 per cent interest in three claim groups known as the Dorothy-Dobie Lake, Kasagiminnis and Pickle Lake East properties in April 2009.
The companty has since acquired interest in 132 square kilometres in the Pickle Lake area in its search for gold.
The MOU sets the foundation for a positive and beneficial relationship between Mishkeegogamang Ojibway Nation and Manicouagan, including training and employment, and ongoing communication.
Manicouagan has agreed to retain a Mishkeegogamang business to provide community relations services and the First Nation and the company have agreed to negotiate an impact benefit agreement should an exploration project advance to the operational stage.
“We look at this exploration agreement as a first important step in what we hope will be a long and mutually beneficial relationship with Mishkeegogamang Ojibway Nation,” said Joseph Baylis, president and CEO of Manicouagan Minerals Inc.