Wednesday, March 10, 2010

Mining Deal with Area Native Communities


Brett Resources has signed an agreement in principal on a formal impact and benefits agreement with eight area First Nations relating to the company’s Hammond Reef Project north of Atikokan.

The deal is with Couchiching, Lac La Croix, Mitaanjigaming, Naicatchewenin, Nigigoonsiminikaaning, Rainy River, Seine River and Lac des Mille Lacs.

The agreement recognizes Brett's rights and obligations with respect to the Project.

In return the company will provide job opportunities to qualified band members and businesses.

The bands will also receive shares in the project and funding for education and training.