GOLD: Atlantic Gold, Mi’kmaq sign MOU

NOVA SCOTIA – Atlantic Gold NL, with head offices in Australia, and its subsidiary DDV Gold have concluded a memorandum of understanding with the Assembly of Nova Scotia Mi'kmaq Chiefs. The MOU precedes negotiation of a mutual benefits agreement regarding employment, training, provision of services and other opportunities between the parties related to the Touquoy and Cochrane Hill gold project in the province.

With the MOU completed, the Nova Scotia Department of Natural resources will issue a lease covering seven parcels of Crown land to DDV Gold. That lease must be approved by Cabinet.

Atlantic intends to relocate the existing Touquoy 2 mill to the Cochrane Hill mine site. By combining operations, the property could become a 90,000 oz/year gold producer.

Further information is available at AtlanticGold.com.au.