SUDBURY, ONTARIO -- (Marketwired) -- 06/11/13 -- Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSX VENTURE: SUP) is pleased to announce that it has concluded a Pre-Development Agreement with the Grand Council of the Crees (Eeyou Istchee), the Cree Regional Authority, and the Ouje-Bougoumou Cree Nation. The agreement, sets out each party's respective roles and responsibilities with respect to the exploration and pre-development of the Company's Croteau Est and Wachonichi mineral exploration projects in Eeyou Istchee Territory. The agreement also reflects the parties' common desire to promote a cooperative and mutually respectful relationship.
Under the agreement, Northern Superior has undertaken to provide meaningful Cree participation in the awarding of contracts for the supply of goods and services. The Crees have in turn, agreed to support the projects and to cooperate with Northern Superior in the preparation of environmental and social impact assessment studies, should Northern Superior advance the projects to a stage where such studies are required. Similarly, should the projects be advanced sufficiently, the Crees are also committed to use their best efforts to ensure that the projects proceed through the environmental and social assessment process provided for in the James Bay and Northern Quebec Agreement, and, once environmental and social concerns are met, to assist Northern Superior in obtaining required governmental approvals.
Should the mineral exploration projects be advanced to a point where Northern Superior is required to file a "Notice of Intent" with the Ministere du Developpement durable, de l'Environnement et des Parcs, Northern Superior has undertaken to then conduct a business and employment capacity study to assess the business and employment capacity within Ouje-Bougoumou. In addition, Northern Superior will also then open a business development office in Ouje-Bougoumou and hire a community member as an environmental monitor, to enable the Parties to jointly monitor the activities of Northern Superior during the term of the agreement.
Finally, the parties have agreed that if Northern Superior determines that the projects are economically viable with the completion of a pre-feasibility study, that they will then enter into discussions towards concluding an Impacts and Benefits Agreement with respect to the Croteau Est and Waconichi mining projects of Northern Superior.
Dr. T.F. Morris, President and CEO of Northern Superior comments: "We are very pleased to receive the support of the Ouje-Bougoumou Cree Nation, the Cree Regional Authority and the Grand Council of the Crees (Eeyou Istchee) for Northern Superior's Croteau Est and Waconichi gold exploration properties. This support will assist greatly in advancing exploration on these properties, and ensure that all stakeholders involved with this venture have an opportunity to share in the potential economic and social benefits that may be derived from any significant discoveries made."
Dr. Matthew Coon Come, Grand Chief of the Grand Council of the Crees (Eeyou Istchee) commented: "This agreement marks the beginning of a collaborative and fruitful relationship between the Crees and Northern Superior, a relationship based on an alignment of interests, founded on environmental and economic sustainability and the respect of Cree rights. The Crees and Northern Superior will continue to cooperate, as partners, in the economic and social development of Eeyou Istchee."
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