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Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) announced that it has signed an exploration agreement with Kineepik Métis Local (KML), formalizing an existing relationship and establishing a framework for future collaboration in Saskatchewan’s southeastern Athabasca Basin region.
KML represents Métis rights holders with ties to the area near the Village of Pinehouse, where Standard Uranium is advancing critical mineral projects, including the Rocas project located within KML’s land and occupancy area. The agreement is intended to support a long-term partnership between the two parties.
Under the terms of the agreement, the company and KML aim to promote cooperation through information sharing, environmental monitoring, and employment and training opportunities for local residents. The partnership also seeks to support local business development and community initiatives.
KML’s territory includes the Northern Village of Pinehouse and surrounding lands along the Churchill River watershed, where residents have historically relied on the area for resources and continue to participate in regional economic development initiatives.
“This Exploration Agreement establishes a sustainable basis for maintaining a cooperative and mutually beneficial relationship through information-sharing and environmental protection and monitoring,” Standard Uranium CEO Jon Bey said.
“Standard Uranium is committed to advancing critical mineral projects in a sustainable and collaborative manner, and through this Agreement, Standard Uranium commits to conducting mineral exploration in a way that is respectful of KML, creating employment and training opportunities in the region, and sharing benefits to support KML business and community development initiatives.”
KML Executive Director Rosalena Smith said the agreement is designed to create employment opportunities and enable Métis citizens to participate in environmental stewardship, while supporting sustainable economic growth in the region.
“At the same time, these agreements provide our partners with a respectful and collaborative pathway to continue exploring mineral and resource opportunities,” Smith said.