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Rock Tech Enters Into MOU with BNA, BZA and AZA First Nations

Investing News Network
Jul. 14, 2011 08:17AM PST
Battery Metals Investing

Rock Tech Lithium Inc. (CVE:RCK) reports that it has entered into a Memorandum of Understanding with BNA,BZA and AZA First Nations in regards to the development of the Georgia Lake Lithium project, Thunder Bay Mining District of northwest Ontario.

Rock Tech Lithium Inc. (TSXV:RCK) reports that it has entered into a Memorandum of Understanding with BNA,BZA and AZA First Nations  in regards to the development of the Georgia Lake Lithium project, Thunder Bay Mining District of northwest Ontario.

The press release is quoted as saying:

After several months of regular consultation, Rock Tech and the First Nations have established a co-operative and respectful relationship for responsible mineral development.  The Company and the First Nations intend to continue and broaden this relationship through these negotiations.  The IBA will be designed to minimize the negative economic, social and environmental impacts that development of the project may have.  Since Rock Tech began exploration in December 2009, several First Nations members have been employed and equipment and material have been procured from the First Nations whenever feasible.

Rock Tech’s President and CEO, Eunho Lee says:

“We have already established strong business relationships with the BNA, BZA and AZA leaders and communities and are very pleased to have reached an initial agreement on how we can further build and strengthen these relationships.  Fostering these relations is a core element to our business principal of developing sustainable projects that will provide long-term economic viability to the local and regional stakeholders.  Furthermore, the members we have hired from the community have proven to be reliable, skilled and versatile, providing considerable encouragement that these communities can continue to be a source of additional human resources, equipment and supplies as we advance the project.”

Click here to access the entire news release.

Click here to access Rock Tech’s company profile.(TSXV:RCK)

 

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