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Treasury Metals inks MOU with Eagle Lake First Nation on Goliath gold project

Treasury Metals Inc. said Jan. 16 that it signed a memorandum of understanding with the Eagle Lake First Nation regarding the company's Goliath gold project in Ontario.

The MOU serves as a framework agreement between the parties to facilitate effective communication, engagement and negotiation with respect to the project. It will also ensure the First Nation's participation in the federal environmental assessment and regulatory approval process.

The MOU provides a structure for more opportunities for the indigenous group to participate in the project via employment, training and business development, financial participation, and environmental and cultural protection.