30 September 2019
Osisko Metals Incorporated is pleased to announce that it has entered into two separate Collaboration Agreements regarding the Pine Point Project with the Deninu Kue First Nation and the Northwest Territory Metis Nation. These parties have entered into the agreements in order to promote a cooperative and mutually respectful relationship governing the proposed exploration and development activities in the area of Pine Point. The agreements reflect the intention to work with each Indigenous community regarding education and training, employment, business and contracting opportunities, information sharing, site visits and also broad outlines of topics for future agreements.
Jeff Hussey, President & CEO, commented: “We are very happy to announce these two agreements with the Indigenous communities that live near the portion of the Pine Point Project located east of the Buffalo River. This is where Cominco Limited operated the mining complex for close to twenty-five years and where most of our pit-constrained zinc-lead mineral resources are located. The motivation behind these agreements is to establish a collaborative approach as we continue to advance the Pine Point project; it is an important step in building meaningful collaboration with local communities. We also look forward to continuing discussions with other local communities regarding the project.”