Business
Val-D'Or Mining Signs Exploration Agreement with the Matachewan First Nation and Mattagami First Nation (Wabun Tribal Council)
Val-D'Or, Québec--(Newsfile Corp. - November 24, 2025) - Val-D'Or Mining Corporation (TSXV: VZZ) (OTCQB: VDOMF) ("Val-D'Or Mining" or "the Company") is pleased to announce the signing of a milestone Exploration Agreement dated October 15, 2025 (the "Exploration Agreement") with the Matachewan First Nation (Matachewan FN) and Mattagami First Nation (Mattagami FN), members within the Wabun Tribal Council (WTC). The Exploration Agreement was signed by the three companies within the "Zed Zed Group":
About this update from Cleghorn Minerals Ltd.
[{"type":"text","content":"Val-D'Or, Québec--(Newsfile Corp. - November 24, 2025) - Val-D'Or Mining Corporation (TSXV: VZZ) (OTCQB: VDOMF) ("Val-D'Or Mining" or "the Company") is pleased to announce the signing of a milestone Exploration Agreement dated October 15, 2025 (the "Exploration Agreement") with the Matachewan First Nation (Matachewan FN) and Mattagami First Nation (Mattagami FN), members within the Wabun Tribal Council (WTC). The Exploration Agreement was signed by the three companies within the "Zed Zed Group": Val-D'Or Mining, Cleghorn Minerals Ltd., and International Prospect Ventures Ltd. The Exploration Agreement covers the Company's Operational Areas of Interest ("the Properties") within the First Nations' traditional lands, located in northeastern Ontario's Abitibi Greenstone Belt.","length":860,"tagName":"p"},{"type":"text","content":"The Exploration Agreement outlines the terms on how consultation and impact mitigation on exploration activities will be conducted. It also delivers financial benefits, including contracts, jobs, and training opportunities during the exploration phase, for both current and future work programs across the property portfolio covered by the Exploration Agreement. Further, the Exploration Agreement provides that the Company will, subject to the approval of the TSX Venture Exchange, issue to each of Matachewan FN and Mattagami FN 50,000 common shares of the Company, and will also grant to each of Matachewan FN and Mattagami FN incentive stock options to acquire 50,000 shares of the Company at a per share price of $0.085 for a period of five years from issuance, in accordance with its incentive stock option plan and a consulting agreement among the parties. The Exploration Agreement will remain in effect until such time that an Impact Benefit Agreement (IBA) has been concluded.","length":986,"tagName":"p"},{"type":"text","content":"Michael Rosatelli, Senior Geological Consultant and Vice President Exploration of Val-D'Or Mining commented: "I'm deeply honoured to be part of this historic milestone, which stands as a powerful testament to what can be achieved when we unite around a shared vision. I extend my gratitude to Chief Batisse of the Matachewan First Nation and Chief Constant of the Mattagami First Nation, along with ...