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Pickle Lake gold explorer signs exploration pact with First Nation – Northern Ontario Business

AuTECO Minerals makes Mishkeegogamang Ojibway First Nation a company owner

Pickle Lake gold hunter AuTECO Minerals has signed an exploration agreement with Mishkeegogamang Ojibway First Nation revolving around activity at the Pickle Crow Gold Project.

The Western Australian junior mining company said in a news release that this new agreement replaces a 2009 memorandum of understanding. This one covers all of the company’s claims on the traditional land of the First Nation. The pact sets the stage for an impact benefit agreement should AuTeco decide to put the property into gold production.

Mishkeegogamang is now a part owner of the company as AuTECO has issued five million shares to the community fund.

A recent investor presentation said 30 per cent of its workforce at its exploration camp, a 10-minute drive from the Pickle Lake Airport, is Indigenous.

Read More: https://www.northernontariobusiness.com/industry-news/mining/pickle-lake-gold-explorer-signs-exploration-pact-with-first-nation-6133446

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