TORONTO – Detour Gold and Moose Cree First Nation (MCFN) have executed an agreement with respect to the development and operation of the company’s Detour Lake gold project in northeast Ontario. Ceremonial signings will take place the PDAC conference in Toronto on March 7, 2011, and in the community of Moose Factory, ON, at a date to be determined.
The agreement includes provisions on how the MCFN will benefit from the development of the Detour Lake project and throughout the life of the mine including employment and business opportunities, training and education initiatives and financial participation in the project. The agreement provides opportunities for significant MCFN business engagement in both the construction and operation of the project. It also reflects Detour Gold’s commitment to protecting the environment and wildlife and supporting the community’s social and cultural practices in a spirit of continued co-operation.
Under the agreement, Detour Gold recognizes and respects MCFN’s aboriginal and treaty rights and interests in the area of the Detour Lake project and the MCFN recognizes and respects Detour Gold’s rights and interests in the development of the project. The Agreement also endorses a commitment by both sides to consult with one another during the life of the mine.
“This agreement represents a major step forward in showing MCFN community support for the development and operation of the Detour Lake mine. We are looking forward to proceeding with a mutually beneficial partnership with Detour Gold that will create business and employment opportunities for our people for years to come,” said chief Norm Hardisty.
Information about the Detour Lake project is posted at www.DetourGold.com.