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Bold Ventures and Lac des Mille Lacs First Nation sign alliance agreement – Daily Commercial News

Aug 11, 2017

TORONTO — Bold Ventures Inc. and Lac des Mille Lacs First Nation, located near Thunder Bay, Ont., have announced the signing of a Strategic Alliance Agreement intended to identify resource-related economic opportunities.

The alliance expects to generate a variety of resource-related projects ranging from base and precious metals to industrial minerals and materials including infrastructure development, notes an Aug. 1 media statement.

The initiative will be a separate division to Bold’s core business of exploration for base and precious metals within Canada and will focus initially on the Lac des Mille Lacs traditional land base.

“Our vision to rebuild a self-sustaining community can only successfully occur as long as the First Nation continues to move forward in economic development,” Lac des Mille Lacs Chief White Cloud commented. “One avenue is through forming partnerships that have the potential to provide for revenue-generating opportunities. We very much look forward to a successful and long-lasting partnership with Bold Ventures.”

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