Constance Lake signs exploration agreements.
Position | Xmet Inc. - Brief article |
Constance Lake First Nation (CLFN) has signed a pair of agreements to allow for graphite exploration in its traditional territory.
The community signed an agreement with Xmet, which permits the company to explore and develop its Blacktlake project located north of Hearst.
The agreement outlines the working relationship between Xmet and Constance Lake with respect to exploration activities within the community's traditional territory and will remain in effect until the two parties enter into an impact benefits agreement. The agreement includes terms outlining the parties' mutual respect for the land and a responsible and sustainable approach to exploring the land. "We were very pleased with the EA (exploration agreement) and are appreciative of the support of Constance Lake's Chief Sackenay and the CLFN council," Alexander Stewart, Xmet's chair and CEO, stated in a news release. "Management and I look forward to continuing to work with the CLFN community as the Blackflake project progresses." Xmet has also agreed to provide compensation to Constance Lake...
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