Sarissa Resources Inc (SRSR)

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Who knew there was gold in Chapleau?

TEXT SIZE bigger text smaller text By: Trish Saywell
BORDEN LAKE, CHAPLEAU, ONTARIO 2011-10-24 - See more at: http://www.northernminer.com/news/who-knew-there-was-gold-in-chapleau/1000638870/?&er=NA#sthash.2qUQDzBr.dpuf

"As Palmer sees it, there are few, if any, stumbling blocks to advancing the project. Environmental permitting, which is expected to take a year, is already underway, as are discussions with the three First Nations communities near Chapleau. Last month Probe signed a memorandum of understanding with the Brunswick House, Chapleau Cree and Chapleau Ojibwe First Nations communities, and agreed to negotiate an Impact Benefit Agreement should the gold project proceed to production. Probe has also committed to training, communication and business development with the First Nations, agreeing to give 50,000 common shares of the company to each of the three groups vesting over a period of 18 months. "Our work has received a lot of support here," Palmer says, noting that some of the First Nations are talking about setting up a company that would offer services to the mining company. The residents of Chapleau could use the work. In its heyday, the small settlement in the Cochrane township within the Martel forest boasted three lumber mills and a population of 5,000. Today the town is home to 2,500 people and just one lumber mill." - See more at: http://www.northernminer.com/news/who-knew-there-was-gold-in-chapleau/1000638870/?&er=NA#sthash.2qUQDzBr.dpuf