Rolling Rock Resources Corporation and Red Sucker Lake First Nation Conclude Memorandum of Understanding for Monument Bay Gold P
06 5월 2010 - 9:00PM
Marketwired
Rolling Rock Resources Corporation (the "Company") (TSX VENTURE:
RLL) has signed a Memorandum of Understanding (MOU) with Red Sucker
Lake First Nations to cover certain portions of the Company's
Monument Bay project that lie within the traditional lands of the
Red Sucker Lake FN. The MOU is modeled on the Memorandum of
Understanding between the Mining Association of Manitoba and the
Manitoba Keewatinowi Okimakanak, Inc., a Manitoba First Nation
organization.
The MOU is the first step in the process of engagement between
the Company and the Red Sucker Lake FN to promote greater
participation in the mineral industry by the Red Sucker Lake FN as
well as greater understanding and co-operation between the Red
Sucker Lake FN and the Company. The MOU is intended to enhance and
support the recognition and an enhanced mutual understanding of
constitutionally established aboriginal and treaty rights and
economic development processes and opportunities within the current
regulatory framework for both parties.
The Company's most advanced project is the 100% owned Monument
Bay for which a Preliminary Economic Assessment (scoping) study was
completed in February 2009, confirming an inferred resource of
6,304,000 tonnes grading 5.98 g/t gold containing 1,212,000 ounces
of gold. The full study can be viewed on the Company's website
www.rollingrockresources.com or on the Company's profile on
www.sedar.com.
The Company has contracted with Keystone Environmental Ltd. to
undertake an Environmental Baseline Study (EBS). This EBS will aid
in the process for Advanced Exploration Permits and will be an
integral component for consideration in future mine feasibility
studies, project planning and streamlining the requirements towards
the application for a mine permit as required under the Canadian
Environmental Assessment Act.
Sean Butler, P.Geo. is the qualified person for this release
under National Instrument 43-101.
Neither the TSX 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.
Contacts: Rolling Rock Resources Corporation Scott Angus
604-488-1456 www.rollingrockresources.com
Rolling Rock Resources Corporation (TSXV:RLL)
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