- Standard Uranium (STND) has signed an exploration agreement formalizing the company’s relationship with its host communities
- The Athabasca Municipalities and the Athabasca First Nations are collectively known as the Basin Communities
- The agreement establishes provisions for information-sharing, permitting processes, and environmental protection and monitoring
- Standard Uranium is a uranium exploration company with a focus on the world-class Athabasca Basin in Saskatchewan
- Standard Uranium Ltd. opened trading at $0.07
Standard Uranium (STND) has signed an exploration agreement formalizing the company’s relationship with its host communities.
The agreement involves Ya’ thi Néné Lands and Resources (YNLR), Hatchet Lake Denesułiné First Nation, Black Lake Denesułiné First Nation, Fond du Lac Denesułiné First Nation (the Athabasca First Nations) and the Northern Hamlet of Stony Rapids, the Northern Settlement of Uranium City, the Northern Settlement of Wollaston Lake and the Northern Settlement of Camsell Portage.
The Athabasca Municipalities and the Athabasca First Nations are jointly known as the Basin Communities.
By signing the agreement, YNLR, the Basin Communities, and the company have formed a long-term, mutually beneficial partnership. The Basin Communities will benefit from meaningful participation in projects conducted on their traditional lands, employment opportunities and financial returns to the Athabasca Community Trust.
The agreement establishes provisions for information-sharing, permitting processes, and environmental protection and monitoring. YNLR will oversee the agreement’s implementation, and its community land technicians will provide active site monitoring to protect the land and the water of their traditional territory.
“We are pleased to have reached this agreement with the Basin Communities, which formalizes those commitments and provides consent and support for our current and future activities,” noted Jon Bey, CEO of Standard Uranium.
“Through this agreement, we look forward to building upon the relationships we have established with the communities and local businesses as we advance our uranium exploration projects in the Athabasca Basin,” he added.
Ya’ thi Néné is a non-profit organization owned by the seven Athabasca Basin communities. It works on behalf of the Athabasca Basin communities to protect the best interests of the people and the land.
Standard Uranium is a uranium exploration company focusing on the world-class Athabasca Basin in Saskatchewan.
Standard Uranium Ltd. opened trading at $0.07.
