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Manitoba faces ‘potentially deal-breaking uncertainty’ over treaty land claims in its mineral exploration sector according to an article by Martin Cash in the Winnipeg Free Press. This is compounding problems for the mineral exploration sector at a time when metal prices are low, investors are already avoiding the sector, and equipment is subject to an additional 1% sales tax.
According to the article, Mega Precious Metals –an exploration company working to develop a gold property called Monument Bay—have received an eviction notice from the nearby Red Sucker Lake First Nation. A temporary court injunction has since been issued which “authorizes the arrest of anyone obstructing, trespassing or creating a nuisance or ‘engaging in any act which interferes with the operations of the Monument Bay project’.”
The band has referred to the property in a news release as “a mineral-exploration company operating illegally in Red Sucker Lake First Nation traditional territory”. Yet Mega Precious Metals has been working with the band for years and in 2010 signed a memorandum of understanding (MOU) with them.