- Cartier Resources (ECR) and the Cree First Nation of Waswanipi have entered into a Mineral Exploration Agreement (MEA) to facilitate the exploration of the Fenton project
- The MEA puts in place a framework for the Cree First Nation of Waswanipi (CFNW) and Cartier to work together within the CFNW traditional territory
- The community of Waswanipi is located along the Waswanipi River in central Quebec
- Cartier Resources is an exploration company
- Cartier Resources Inc. (ECR) is unchanged, trading at C$0.175 per share at 2:45 pm ET
Cartier Resources (ECR) and the Cree First Nation of Waswanipi have entered into an MEA to facilitate the exploration of the Fenton project.
The Mineral Exploration Agreement puts in place a framework for the Cree First Nation of Waswanipi (CFNW) and Cartier to work together before, during and after the prospection and exploration activities within the CFNW traditional territory.
“Almost one year after the signing of the MEA for their Benoist project, Mr. Cloutier and Cartier Resources continues to set the example in meaningful consultations during the prospection and exploration stages of mining with the signing of this MEA for the Fenton project. Meegwetch on behalf of our active land users.” stated Chief Marcel Happyjack.
Philippe Cloutier, President and CEO added,
“This framework agreement is part of our company’s approach to sound governance and underlines the respect we have for the Cree First Nation of Waswanipi. Communication of the progress of exploration activities of the Fenton project will be shared in real time with CFNW. I thank Chief Happyjack as well as the council for his support in this process.”
Waswanipi means “Light on the Water”. The term describes torches fuelled by pine tar, used to spear and catch sturgeon that had gathered to spawn at the mouth of Waswanipi River. The modern community of Waswanipi is located on Highway 113 along the Waswanipi River in central Quebec.
Cartier Resources is an exploration company focused on advancing its four drill-ready projects with targets along the geometric extensions of gold deposits.
Cartier Resources Inc. (ECR) is unchanged, trading at C$0.175 per share at 2:45 pm ET.
