Copper Lake Resources (TSX-V:CPL) has signed exploration agreements with Aroland and Animbiigoo Zaagi’igan Anishinaabek First Nations for the Marshall Lake Project in Ontario, Canada.
The agreements outline the framework for all parties collaborating on the exploration program at the Marshall Lake Copper-Zinc-Silver-Gold Project.
The agreement contains measures to accommodate, compensate, prevent, mitigate, and address concerns, including impacts to indigenous rights, cultural values, and the environment regarding planned activities.
CEO Terry MacDonald says these agreements solidify the company’s mutually beneficial working relationship with the communities where exploration is occurring.
“As part of Copper Lake’s commitment to work collaboratively and respectfully with all indigenous peoples, we are aligned with their commitment to protect and enhance the resource-based economy in their traditional territories,” MacDonald says.
“These exploration agreements come in a very timely manner, as we have just been granted new exploration permits and plan to expand the exploration work in areas of the property where previous drilling has identified several zones yielding significant copper-zinc-silver intercepts in historical diamond drilling.
“These areas include the Teck Hill-Gazooma and Gazooma North-RM-Lease target areas. Drilling at all of these occurrences has been very shallow, largely within 150m from surface.”
The Marshall Lake Project — prospective for volcanic massive sulphide copper, zinc, silver, and gold — comprises a 220km2 area located 120km north of Geraldton, Ontario.
Meanwhile, Copper Lake’s CFO David McDonald has resigned from his role to pursue other activities. Copper Lake director Paul Mcgroary has been appointed as CFO in the interim.
Copper Lake Resources is a Canadian mineral explorer and developer focused on its two assets in Ontario, Canada.
Write to Aaliyah Rogan at Mining.com.au
Images: Copper Lake Resources
