BEARDMORE, ON, May 8, 2013 /CNW/ - Markinch Resources Inc., Advandtel
Minerals (Canada) Ltd., and Tashota Resources Inc. (together, "the
Tashota Group") and Aroland First Nation ("Aroland") and Animbiigoo
Zaagi'igan Anishinaabek First Nation ("AZA") today signed an
Exploration Agreement regarding the Tashota Group's mineral exploration
project in the Beardmore-Geraldton Gold Camp, north-east of Thunder
The Exploration Agreement was formally executed with the unanimous
consent of the Chiefs and Councils of Aroland and AZA First Nations,
representing the support of these communities and ensuring a stable
environment for the Tashota Group's exploration and related activities.
Under the agreement, the Tashota Group recognizes and respects First
Nations rights and environmental interests and similarly, the First
Nations recognize and support the Tashota Group's rights and interests
in its exploration project.
The Agreement provides for the participation of First Nations in the
economic aspects of the Project; including employment, related business
opportunities, and training and education initiatives. It also aligns
the Tashota Group and First Nations financial interests in the future
success of the project.
AZA Chief, Theresa Nelson, declared that, "This Agreement recognizes the
significant contribution our First Nations communities can make in the
exploration activities of mining companies such as the Tashota Group.
My people can proudly stand with the Tashota Group as we do everything
we can to ensure the success of the project and to preserve the
environment and culture of our people."
Sonny Gagnon, Chief of the Aroland First Nation said, "This agreement
marks the beginning of a collaborative relationship between the First
Nations and the Tashota Group based on respect for our rights as well
as environmental and economic sustainability. Furthermore, it
demonstrates that with the participation of the First Nations, mineral
exploration can take place and prosper in Northern Ontario."
"This partnership with the First Nations is built on mutual respect and
trust," said Colin Bowdidge Ph.D., P.Geo, President and CEO of Markinch
Resources Inc. on behalf of the Tashota Group. "This Agreement
represents our commitment to working closely with the First Nations to
advance their economic opportunities while acting as responsible
stewards of the land."
About the Tashota Group
The Tashota Group is comprised of Markinch Resources Inc., Advandtel
Minerals (Canada) Ltd., and Tashota Resources Inc., all of which are
Canadian-based junior mining companies and signatories to the
Exploration Agreement along with Aroland and AZA. The members of the
Tashota Group are joint-venture partners conducting exploration
activities for precious metals on approximately 14,600 acres in the
Beardmore-Geraldton Gold Camp, north east of Thunder Bay, Ontario.
Each member of the Tashota Group is focused on providing increased
value to its respective shareholders and doing so in a socially and
environmentally responsible manner.
SOURCE: Markinch Resources Inc.
For further information:
please contact the Tashota Group. Contact information is as follows:
Toll Free: 1-888-928-4669