GOLD: Aroland signs onto agreement for Hardrock project

ONTARIO – The Aroland First Nation and TCP General Partnership Corp. have signed a relationship agreement to support the on-going efforts to create a joint process to development the Hardrock gold project near Geraldton. TCP is the...

ONTARIO – The Aroland First Nation and TCP General Partnership Corp. have signed a relationship agreement to support the on-going efforts to create a joint process to development the Hardrock gold project near Geraldton. TCP is the operating company created by Centerra Gold and Premier Gold Mines, each of which has a 50% interest in the deposit.

"Aroland First Nation is pleased to invite the partnership to work with our community to make sure the Hardrock gold mining project proceeds in a way that protects our rights, interests and environment," said Chief Sonny Gagnon. "The Partnership is demonstrating that it is a progressive mining company committed to working with our First Nation to create real opportunities for us to benefit from key resources in our lands."

The agreement enables the parties to work together to develop approaches for business opportunities, employment and training, and environmental protection and enhancement.

The Hardrock deposit is estimated to contain an indicated resource of 89.0 tonnes averaging 1.70 g/t Au or 870,000 contained oz. The inferred resource is another 23.1 million tonnes at 3.69 g/t or 2.74 million contained oz of gold.

The 2015 43-101 report for Hardrock is available at CenterraGold.com, in the Advanced Exploration/Trans-Canada Project page.

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