Search Minerals Inc.(TSXV:SMY) announced signing a Mining Exploration Activities Agreement with the NunatuKavut Community Council.
As quoted in the press release:
Key elements in the agreement address environmental protocols and safeguards for matters of historic values. The agreement also sets out hiring and business opportunities for NunatuKavut members and communities as well as certain financial considerations.
Search Minerals, President, Todd Russell, commented:
We are pleased to be able to formalize our relationship with the local NCC communities in South-Central Labrador. With this agreement, we hope to be able to quickly advance our development of the Foxtrot Project and other REE prospects in the area.