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TSXV:KAP

Kapuskasing Gold Corp. (TSXV:KAP) announced it has signed a memorandum of understanding (the MOU) with Brunswick House, Chapleau Cree, Chapleau Ojibway and Flying Post first nations with respect to KAP’s gold exploration projects located in Northern Ontario near the town of Chapleau.

Kapuskasing Gold Corp. (TSXV:KAP) announced it has signed a memorandum of understanding (the MOU) with Brunswick House, Chapleau Cree, Chapleau Ojibway and Flying Post first nations with respect to KAP’s gold exploration projects located in Northern Ontario near the town of Chapleau.
As quoted in the press release:

In conjunction with the MOU, the Company has received Exploration Permits from the Ontario Ministry of Northern Development and Mines. The MOU establishes the desire for First Nations and Kapuskasing Gold to work together, creating a long-term, mutually beneficial, cooperative and respectful relationship with the spirit of social, ecological, cultural and economic well-being. The MOU also signals a commitment by KAP to identify opportunities for businesses and citizens of the four communities to participate in KAP’s exploration activities through business, employment and training opportunities.

Kapuskasing Gold President Dean Nawata stated:

We are pleased to begin building a relationship with the First Nations with the successful negotiation and execution of this MOU acknowledging their rights, traditional values and culture. We look forward to working with the communities, having their input and advice in order to maintain a socially and environmentally responsible exploration program. The Company would also like to acknowledge and thank the Wabun Tribal Council for their role in facilitating a smooth process with the First Nations communities and government bodies.

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