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MAS Gold Corp (TSXV:MAS) and Kitsaki Management Limited Partnership sign MOU

Mining, The Watchlist
TSXV:MAS
16 November 2022 13:15 (EDT)

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MAS Gold (MAS) has signed a non-binding Memorandum of Understanding (MOU) with Kitsaki Management Limited Partnership.

The MOU is in respect of MAS’s exploration efforts in the La Ronge Gold Belt region and establishes a basis for maintaining a relationship between MAS, Kitsaki, and its shareholder, which respects the rights and interests of the Lac La Ronge Indian Band and Kitsaki while supporting MAS’s exploration and development activities.

Through this collaborative approach, MAS can work towards consent for its exploration and evaluation activities.

MAS Gold CEO Jim Engdahl sat down with Sabrina Cuthbert to discuss the partnership.

“I am extremely pleased to have Kitsaki as part of our team in our effort to consolidate the gold play in the La Ronge Greenstone Belt area. I have known members of Kitsaki over my many years of business in Saskatchewan, and I can say that having them on our team is a game changer for MAS. I am looking forward to working with Ron Hyggen and his team in our pursuit.”

Kitsaki Management is the economic development division wholly owned by the Lac La Ronge Indian Band (“LLRIB”). Kitsaki currently owns and manages a network of ten operating companies across several industries with a focus on servicing the natural resource sector in Saskatchewan.

MAS Gold Corp. is a Canadian mineral exploration company focused on advancing its gold exploration projects in the prospective La Ronge Gold Belt of Saskatchewan. 

MAS Gold Corp. (MAS) opened trading at C$0.045.


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