Monday, November 18, 2013

First Nations Mining Agreement Signed

A junior mining company looking for gold in the Atikokan area has signed a memorandum of understanding with an area First Nation. The Bold Ventures agreement with Lac Des Milles Lac First Nation pertains to its Wilcorp Gold project, located about 14 kilometres northeast of Atikokan. Executive vice-president president David Graham says it sets out certain guidelines, like how they approach the property from an environmental point of view and how to work with the First Nation for job opportunities and business development. Graham says the project is still in its infancy and when any actual drilling takes place is still to be determined.