BWR Exploration Inc. Congratulates Government of Manitoba and Manto Sipi Cree Nation
November 25 2019 - 1:00PM
BWR Exploration Inc. (TSXV:BWR) (“BWR”) congratulates Manitoba and
Manto Sipi Cree Nation on the signing of a new consultation
protocol on mineral development. BWR expresses respect for the
undertaking of the newly formed Ministry of Agriculture and
Resource Development (“ARD”) working alongside the Ministry of
Indigenous and Northern Relations (“INR”) regarding their
announcement of November 21, 2019. Minister Blaine Pedersen has
signed a new consultation protocol agreement with Chief Oliver
Okemow of the Manto Sipi Cree Nation (“MSCN”) following several
months of negotiations. This is the first consultation
protocol to be developed through the Manitoba – First Nations
Mineral Development protocol initiative that was announced earlier
in 2019.
https://news.gov.mb.ca/news/index.html?item=45315&posted=2019-05-31
BWR was involved and participated in numerous
meetings and discussions in Winnipeg and online, as well as in the
two First Nation communities that have treaty entitlement
selections and interests in the Little Stull Lake area of
Northeastern Manitoba. BWR was asked to, and indeed, has shown high
regard for the process and the confidential nature of the
negotiations and discussions that were being held between the
Province and both communities. The lengthy engagement period
commenced in late 2017 regarding BWR’s work permit application for
early stage exploratory drilling on its Little Stull Lake Gold
Project, that was applied for under an earlier protocol program
that was in the process of being updated and modified.
The Little Stull Lake Gold project is located
within the traditional territories of both God’s Lake First Nation
(“GLFN”) and Manto Sipi Cree Nation (“MSCN”). These two communities
are related but separately governed, and as such BWR needed to
respect their commonality as well as their individuality as
Nations. The earlier pre-consultation meetings resulted in BWR
signing a letter of understanding with Chief and Council of GLFN in
January 2019 (see press release issued January 23,
2019), although GLFN has reservations about the released
Protocol as did MSCN; BWR initially proposed a similar
understanding to MSCN Chief and Council, however MSCN asked for
additional time to address various issues contained within the
Mineral Development protocol announced in May 2019. BWR understands
that the new consultation protocol agreement has now addressed the
outstanding issues as they pertain to the BWR-proposed early stage
exploration program on MSCN Treaty Land Entitlement selections,
which overlap on BWR mineral claims in the Little Stull Lake Gold
project area.
BWR supports the objectives of the protocol
process and now anticipates engaging in an ongoing consultation
with MSCN; initially involving a series of meetings over the next
few weeks with MSCN, followed by an engagement period and eventual
exploration partnership agreement with both GLFN and MSCN. During
the engagement period, early stage exploration should be able to
advance under an early stage work permit, allowing BWR to proceed
with financing for the project for an exploratory drilling program
in Q1 2020.
BWR is currently in the process of organizing a
flow through financing to raise sufficient capital for a two-phased
exploration drilling program on the Little Stull Lake project that
is anticipated to commence in early 2020, with a follow-up program
during the summer of 2020. Details of this Canadian exploration
expenses qualified flow through financing (as defined in the Income
Tax Act (Canada) will be announced once finalized.
BWR Exploration Inc. is a public company focused
on exploring for base and precious metals, with its flagship Little
Stull Lake Gold Project in NE Manitoba along with other exploration
projects in Northern Ontario, and Northern Quebec, Canada.
Management of BWR includes an accomplished group of
exploration/mining specialists with many decades of operational
experience in the junior resource sector. There are currently
73,462,461 shares issued in BWR Exploration.
Neither the Toronto Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For information about BWR Exploration Inc.
please visit our website: http://www.bwrexploration.com
or call/email:Neil Novak, P.Geo., President, CEO &
Director,BWR Exploration Inc.82 Richmond St. E, Toronto, ON M5C
1P1Office (416) 848 6866nnovak@bwrexploration.com
For additional information regarding BWR please contact:
Carl Desjardins, Paradox Investor Services Inc.Cell:
514-618-4477carldesjardins@paradox-pr.ca
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