Wahgoshig, Detour sign IBA

By signing an impact benefit agreement with Detour Gold, Wahgoshig First Nation will be able to participate in economic development opportunities involved with the Detour Lake project.
The agreement was signed Dec. 21 after community members unanimously ratified key parts of the agreement.
The agreement details how the First Nation will benefit from community training initiatives and employment and business opportunities and includes provisions for financial compensation.
“This IBA provides business development opportunities for our Nation, along with education and training for our young people,” said Wahgoshig Chief David Babin. “We have successfully partnered with companies to win competitive bids at the Detour Lake project. This success coupled with other economic benefits created by Detour Gold will result into positive community growth. Wahgoshig is open for business with partners like Detour Gold.”
Specifics of the agreement were not released.
“We are grateful to have their support for the development of Detour Lake, which will deliver numerous economic opportunities and benefits to Wahgoshig First Nation members and to the region for years to come,” said Gerald Panneton, president and CEO of Detour Gold.