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Storm Exploration ( (TSE:STRM) ) has provided an announcement.
Storm Exploration Inc. has signed a Memorandum of Understanding (MOU) with the Nigigoonsiminikaaning First Nation concerning its Gold Standard Project in northwestern Ontario. This agreement allows for ongoing consultation and community involvement through employment, training, and business development opportunities. The MOU outlines financial contributions to a community fund based on exploration expenditures and includes the issuance of common shares to the NFN. The Gold Standard Project, located within the Manitou-Stormy Lake greenstone belt, is prospective for gold and base metals, with historical mining operations and recent surveys indicating significant potential for discovery.
More about Storm Exploration
Storm Exploration is a Canadian mineral exploration company focused on discovering and developing economic precious and base metal deposits across four district-scale projects in northwest Ontario: Miminiska, Keezhik, Attwood, and Gold Standard.
Average Trading Volume: 164,323
Technical Sentiment Signal: Hold
Current Market Cap: C$3.82M
Find detailed analytics on STRM stock on TipRanks’ Stock Analysis page.