Business
Gold’n Futures Signs MOU With First Nations & Receives Work Permit For The Hercules Gold Project Near Geraldton, Ontario
VANCOUVER, British Columbia, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the "Company” or “Gold’n Futur
About this update from Gold'n Futures Mineral Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the \"Company” or “Gold’n Futures”) reports it has signed a Memorandum of Understanding (“MOU”) with the three local Anishinaabe First Nations respecting the Hercules Gold Project. The First Nations that are party to the MOU are Animbiigoo Zaagi’igan Anishinaabek (“AZA”), Bingwi Neyaashi Anishinaabek (“BNA”) and Biinjitiwaabik Zaaging Anishinaabek (“BZA”). As the Hercules project lies within their traditional territories, the First Nations are important stakeholders in Hercules project and its exploration programs. The Company, AZA, BNA and BZA are collectively referred to as the “Parties”. “The discussions, emails and document exchanges between the representatives of the local Indigenous communities and Gold’n Futures have resulted in founding a new, respectful relationship. Certainly, the evolving spirit of co-operation will be exceedingly beneficial to all of the Parties. We have also started planning our next co-operative undertakings comprising adoption of Environmental, Social and Governance policies for the Company and establishing the lines of communication to ensure Gold’n Futures operations are sustainable and environmentally responsible.” Commented, Stephen Wilkinson, President and CEO The MOU sets out a communication protocol between the Parties, establishes a framework for the relationship between the Parties and charts a negotiating path for a pending Exploration Agreement. In addition, the MOU marks the completion of the very important review and approval of Gold’n Futures’ exploration permit, allowing the Ontario Ministry of Northern Development and Mines Natural Resources and Forestry, Mineral Development Branch (NDMNRF) to issue the work permit. The immediate next step will be the commencement of negotiations towards executing the Exploration Agreement between Gold’n Futures and the First Nation communities. Hercules Exploration Program & Permit Update GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (“GoldSpot”) had its geophysical team on the Hercules property starting on October 20th, 2021. During the first two weeks of November, GoldSpot completed its proprietary airborne geophysical surveys utilizing its Multi-Parameter Airborne Survey System (“M-PASS”) with Tria...