Greenstone signs agreement with First Nations

The 50-50 Greenstone Gold Mines partnership between Premier Gold and Centerra Gold has signed an impact benefits agreement with three Ontario, Canada-based First Nations
Greenstone signs agreement with First Nations Greenstone signs agreement with First Nations Greenstone signs agreement with First Nations Greenstone signs agreement with First Nations Greenstone signs agreement with First Nations

Greenstone proposes development of an open-pit mine that could produce on average 300,000oz/y over a 14.5-year mine life

Staff reporter

The partners are working towards reaching a construction decision for the Hardrock mine in the near term.

Greenstone struck an agreement with the Aroland First Nation, Animbiigoo Zaagi'igan Anishinaabek First Nation and Ginoogaming First Nation.

Greenstone GM Eric Lamontagne hailed the pact as an important milestone.

The agreement formalises the partnership's commitment towards protecting the environment and supporting the local First Nations' social and cultural practices, and provides for environmental monitoring, employment, training, business and contracting opportunities.

Hardrock hosts measured and indicated resources of 7.1Moz gold, with some 5.9Moz seen to have open-pit mining potential.

The partners aim to be able to make a build decision on Hardrock by the end of 2019. All the permits are in place to start construction by mid-2020.

Greenstone proposes development of an open-pit mine that could produce on average 300,000oz/y over a 14.5-year mine life.