- First Mining Gold Corp. (FFMGF, Financial) and Mishkeegogamang First Nation have established a Long Term Relationship Agreement for the Springpole Gold Project in Ontario.
- The agreement ensures economic participation, environmental management, and cultural preservation during the project's lifecycle.
- This partnership results from a five-year collaboration focusing on community benefits and sustainable project development.
First Mining Gold Corp. (OTCQX: FFMGF) has announced the signing of a Long Term Relationship Agreement (LTRA) with Mishkeegogamang First Nation for the development of the Springpole Gold Project in northwestern Ontario. Recognized as one of Canada's largest gold resources, this agreement is a pivotal step in fostering a collaborative approach to the project's construction, operations, and closure.
Key components of the LTRA include environmental management and monitoring, shared financial benefits, and preferential training measures. The agreement further emphasizes cultural safety by integrating Anishnaabe cultural measures and ensuring community representation throughout the project's lifespan. This agreement follows a 2021 process agreement, underlining the commitment to minimize environmental impact while maximizing direct community benefits.
Mishkeegogamang First Nation's Chief, Merle Loon, expressed optimism about the agreement, highlighting the five-year process of technical review, traditional knowledge study, and relationship building that culminated in this partnership. Dan Wilton, CEO of First Mining, acknowledged the collaborative efforts with the Mishkeegogamang community, emphasizing the long-term value and opportunities this agreement will generate for the community and its members.
As part of the agreement, Mishkeegogamang will participate actively in environmental management, adaptive management measures, and economic upside through equity participation. The project will also focus on promoting business opportunities for the community during construction and operational phases.
