Boreal Gold signs exploration agreement with Kiciwapa

Executive Summary

• Boreal Gold Inc. has signed a formal exploration agreement with the Kiciwapa Cree Nation (KCN) to govern responsible mineral exploration on KCN's traditional and ancestral territory in Manitoba.
• The agreement establishes a structured operational framework emphasizing transparency, environmental stewardship, cultural respect, and continuous community engagement.
• Financial and economic commitments include dedicated funding for consultation, annual contributions to a KCN Economic Development Fund, and structured pathways for KCN employment, training, and business contracts.

Key Details

• Agreement Date & Location: Dated March 12, 2026, executed in Flin Flon, Manitoba.
• Collaboration Framework: Formalizes a long-standing working relationship, shifting from informal cooperation to a structured partnership aligned with KCN's values and priorities.
• Operational Protocols: Mandates advance notice for all on-the-ground exploration activities, regular information sharing, and scheduled engagement between Boreal and KCN representatives.
• Environmental & Cultural Stewardship: Provides mechanisms for KCN to conduct environmental and cultural monitoring during exploration phases, with appropriate involvement of elders and community representatives.
• Economic Participation: Structures employment, training, and procurement opportunities specifically for KCN members and KCN-owned businesses.
• Financial Commitments: Includes direct financing for consultation and engagement costs, plus annual monetary contributions to the KCN Economic Development Fund.
• Company Focus: Boreal Gold is a Canadian junior exploration company targeting base and precious metal prospects in northwestern Manitoba and northeastern Saskatchewan, with all current properties in the exploration stage.

Notable Quotes

• Richard Masson, President & CEO, Boreal Gold Inc.: "We have been working with Kiciwapa Cree Nation for several years now, providing employment to members of their community and building upon a relationship that has been beneficial to both parties. We are proud to formalize this exploration agreement with Kiciwapa Cree Nation. This agreement reflects a shared commitment to respectful collaboration and to ensuring exploration activities are carried out in a way that aligns with KCN's values and priorities."
• Janessa Kosar North, CEO, Kiciwapa Cree Nation: "For KCN, it's important that companies working in our territory understand the value of being local and building relationships over time. Boreal Gold has taken that approach, and this exploration agreement reflects the work that has gone into establishing a respectful and consistent presence in our region. Formalizing this partnership gives us a strong foundation to ensure exploration activities are carried out in a way that aligns with our nation's priorities, both now and in the future."