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New Age Metals Signs Memorandum of Understanding with Nipissing First Nation at the River Valley Palladium Project near Sudbury, Ontario
(TheNewswire) January 26, 2022 – TheNewswire - Rockport, Ontar...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Signs Memorandum of Understanding with Nipissing First Nation at the River Valley Palladium Project near Sudbury, Ontario\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n January 26, 2022 –\n \n \n TheNewswire -\n \n \n Rockport, Ontario, Canada – New Age\nMetals Inc. (‘NAM’) (TSXV:NAM\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTC:NMTLF\n \n \n )\n \n \n ;\n \n \n (\n \n \n FSE:P7J.F)\n \n \n New Age Metals is pleased to announce that it\n \n \n has signed an Exploration Memorandum of Understanding\n(“MOU”) on January 6, 2022 with Nipissing First Nation (“NFN”)\nto continue to promote a mutually respectful relationship with First\nNations concerning NAM’s exploration programs on its mining leases\nand claims within the River Valley Project (the “Project”).  NFN\nholds inherent Aboriginal rights and treaty rights to and over certain\nterritory within the Company’s Project and NFN exercises those\nrights and asserts certain rights and claims in respect of surface and\nsubsurface rights.\n \n \n \n \n \n \n \n \n On January 6, 2022 NAM and the Nipissing First Nation (‘NFN’)\n(‘the Parties’) signed a Memorandum of Understanding (‘MOU’).\nThe objective of the MOU is to promote a cooperative and mutually\nrespectful relationship concerning NAM’s exploration and development\nprograms on its flagship River Valley Palladium Project.\n \n \n \n \n The MOU is supported by the NFN community as represented by the Chief\nand Council of NFN and by NAM represented by management and\nconsultants.\n \n \n \n \n The River Valley Palladium Project is a multi-million-ounce\nPre-Feasibility stage asset located 100-road-KMs from Sudbury,\nOntario.\n \n \n \n \n \n \n \n \n Harry Barr, Chairman & CEO stated, “\n \n \n \n \n New Age Metals is very\npleased to sign this Memorandum of Understanding and to be an active\nParticipant with Nipissing First Nation\n \n \n .\n \n \n New Age Metals acknowledges that the River\nValley Project is subject to Aboriginal traditional and treaty rights\nwhich are protected under Section 35 of the Constitution Act,\nCanada\n \n \n . By signing this agreement, the Company\nbelieves that there is a structured method to work constructively with\nthe Nipissing First Na...