THUNDER BAY, ON, Nov. 11, 2014 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) ("Premier" or "the Company") and LONG LAKE #58 FIRST NATION ("LLFN") are pleased to announce the signing of a joint memorandum of understanding ("MOU"). This MOU supports the on-going efforts of LLFN and Premier in developing a joint process that will detail how the Parties will undertake to negotiate a formal agreement relating to the development of the Hardrock Project.
LLFN is pleased with Premier's on-going conduct and the respect that they have shown while working within the consultation and accommodation protocol that LLFN has established for companies that work within their traditional territory. Chief Allen Towegishig emphasized that "this is the next step in our relationship with Premier Gold and we will continue to work cooperatively with them for the benefit of both Parties."
"It is through a spirit of collaboration and cooperation that Premier and LLFN have advanced to this stage in their relationship. We look forward to concluding a definitive agreement that will further solidify this relationship and will formalize the manner in which LLFN will participate in the continued advancement of the Hardrock Mine project" said Premier President and CEO Ewan Downie.
When industry, community and government collaborate it ensures project support. Premier recognizes this and is therefore committed to engaging with local communities and all levels of government to establish the close working relationships that will lead to development project success.
Premier Gold Mines Limited is one of North America's leading exploration and development companies with a high-quality pipeline of gold projects focused in proven, safe and accessible mining jurisdictions in Canada and the United States.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
SOURCE: Premier Gold Mines Limited
For further information: Ewan Downie, President & CEO, Phone: 807-346-1390, Fax: 807-346-1381, e-mail: [email protected], Web Site: www.premiergoldmines.com; Henry Waboose, First Nation Manager, Phone: 807-876-2292 x 228, Fax: 807-876-2757, e-mail: Web Site: www.longlake58fn.ca