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Encanto, AMEC, First Nation ink agreement on Muskowekwan potash project

Encanto Potash Corp. said March 23 that its joint venture company with the Muskowekwan First Nation, Muskowekwan Resources Ltd., signed a memorandum of understanding with Amec Foster Wheeler, or AMEC regarding the Muskowekwan potash property in Saskatchewan.

Encanto, which is jointly developing the project with Muskowekwan Resources, noted that it is the first mining project on First Nations land in Saskatchewan.

Under the agreement, AMEC will provide opportunities to First Nations members and businesses for employment, training and mentoring during each phase of the project.

The Muskowekwan First Nation, located approximately 140 kilometers northeast of Regina, will receive a revenue stream through its participation in the project, as well as engineering expertise from AMEC.

"We look forward to working with Amec Foster Wheeler on this significant agreement to advance this opportunity," Muskowekwan Chief and MRL President Reginald Bellerose said in the statement. "This agreement is a good step towards our goal of generating our own source revenues and providing access to training and employment for our people."