New Age Metals signs memorandum of understanding with Nipissing First Nation
The developer of a proposed palladium mine, east of Sudbury, has signed an exploration agreement with an area First Nation.
New Age Metals announced it has reached a memorandum of understanding (MOU) with Nipissing First Nation related to the company’s advanced palladium property, the River Valley Project, 100 kilometres northeast of Sudbury. The proposed open-pit mine is within the traditional lands of the First Nation.
In a news release, the Rockport, Ont.-based company said the agreement was signed Jan. 6.
Read the full story from Northern Ontario Business HERE