Tl’azt’en Nation signed an exploration Memorandum of Understanding with Cliffs Natural Resources Inc. and First Point Minerals Corp..
The signing took place on Tache Reserve, and marks another major step in developing the Decar nickel-iron alloy project, located within Tl’azt’en territory.
The agreement formalizes some of the working relationship between the companies and Tl’azt’en Nation and the keyoh holders directly impacted by the exploration and any further development.
Included within the agreement are protocols for managing project activities with respect to cultural and environmental interests, community consultation and socio-economic benefits to the Tl’azt’en community.
Socio-econimic benefits agreed upon include community contribution funds and business opportunities.
The signed agreement also sets out processes for any future negotiations of a comprehensive Impact and Benefits Agreement if the project proceeds to mine development.
Story on the Decar Project: