Generation Mining Reaches Community Benefits Agreement with Biigtigong Nishnaabeg
Retrieved on:
Monday, November 14, 2022
Mining, Minerals, Natural Resources, Generation, Mineral resource estimation, Environmental issues, Feasibility study, CBA, Internal rate of return, Risk, Partnership, News, Employment, Palladium, Platinum, Environment, Provincial Ministers, Technical report, Copper, TSX, Mineral, BN, Silver, EA, Community benefits agreement, Federal, Project, Gold, Minister, Education, SEDAR, PIC, Environmental impact assessment, First Nations, Band, Return, Oil, Renewable energy, Risk management, Biigtigong Nishnaabeg
Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (Gen Mining or the Company) announces that Biigtigong Nishnaabeg (BN) has approved a Community Benefits Agreement (CBA) in respect of the Marathon Palladium Copper Project (the Project) owned by the Companys wholly-owned subsidiary, Generation PGM Inc. (Generation PGM).
Key Points:
- Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (Gen Mining or the Company) announces that Biigtigong Nishnaabeg (BN) has approved a Community Benefits Agreement (CBA) in respect of the Marathon Palladium Copper Project (the Project) owned by the Companys wholly-owned subsidiary, Generation PGM Inc. (Generation PGM).
- The CBA between Generation PGM and BN, which was ratified through a BN membership vote completed on November 12, 2022, describes the benefits the BN community will receive from the Project and details how the Projects impacts on the community will be mitigated.
- The Project is on the Exclusive Aboriginal title territory of Biigtigong Nishnaabeg, and the CBA reflects the strong partnership between Generation PGM and Biigtigong Nishnaabeg.
- We encourage other companies who seek to work on our territory to follow the Generation PGM example in consulting with us at all stages of project development.