AGREEMENT: Northcliff, Woodstock First Nation ink deal

NEW BRUNSWICK - Northcliff Resources is has signed a process agreement with the Woodstock First Nation for the Sisson tungsten-molybdenum project 60 km northwest of Fredericton. The project is in the advanced exploration phase, and a feasibility study has been prepared (see CMJ Daily Headline News for March 14, 2013).

The agreement covers two key areas. First, it outlines the approach to a co-operation, or impact benefit, agreement that will formalize the relationship of the two parties and provide details of negotiated benefits. The environment, education, employment, cultural protection and economic benefits will be covered. Second, the agreement will outline the consultation process by which the community will be informed about the status of the potential development and the company will learn what the community thinks about the project.

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