CMEB Cree Mineral Exploration Board. Building experience in mining

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1 CMEB Cree Mineral Exploration Board cmeb.org Building experience in mining Not for profit Cree entity Members are the Grand Council of the Crees and the Cree Regional Authority Board of Directors composed of 4 Cree representatives and one representative identified by the Government of Québec The CMEB relies on the services of a Chief Geologist, a Geologist and GIS technician

2 James Bay and Northern Québec Agreement cmeb.org

3 La paix des braves 2002 Québec will facilitate and encourage agreements between the promoters and the Crees concerning: Employment and contracts Remedial works Cree Mineral Exploration Board

4 Trapline System cmeb.org

5 Mineral Exploration in Eeyou Istchee 2011 cmeb.org

6 Mineral Exploration in Eeyou Istchee Comparison of 2009 with 2010 SUBSTANCE GOLD BASE METALS DIAMONDS PLATINUM GE URANIUM LITHIUM RARE EARTHS IRON # PROJECTS # PROJECTS Data based on information made public by companies and not conclusive. SOME PROJECTS ARE MULTI-ELEMENTAL.

7 CMEB develop mineral exploration in Eeyou Istchee and promote increased involvement of Crees in mineral resources assists the Crees in accessing mineral exploration opportunities develops regional organizations involved in the mineral resource industry facilitates and encourages access by Crees and Cree Enterprises to funding provides a point of entry for offers of services by Crees and Cree Enterprises in mineral exploration The CMEB provides geological expertise for the communities and individuals.

8 Assistance to prospectors up to 20 K$ /Project *Lac à l Eau Jaune (Cu), M. Henry Salt *Assicana (Ni-Pt), Mr.Meskino and Mr. Longchap *Stromatolites Lake Albanel (Art use), John Shecapio *North East LG2 (Gold), Edward Bearskin and Derek Sutherland *Almungo (Gold), Gordon Blackned and Munro Hester *Kaychiwapichu (Basic metals), Stanley Miniquaken *Nicobi (Cu), Mr. Larry Desgagné

9 Training CMEB Trains up to 15 prospectors each year. The trainings occurred in the communities. Collaborate with The Cree School Board and the CEGEP to create a Diplomas in mining adapted to the Cree reality. The executive informs and trains the trapper to recognize and explore for minerals on regular basis. Awareness and promotion Learning Together Conference and workshop Conference of Canadian Aboriginal Mineral Association (CAMA) Québec Exploration conference PDAC conference Sciences And Career fair in April

10 Development of projects An amount exceeding $ in direct subsidies. Royalty of 1% *Wemindji Exploration, Wemindji *Nimsken Exploration, Ouje-Bougoumou *Cree Gold, Mistissini Lake *Native Exploration, Ouje-Bougoumou Research and Development *CMEB, Geological mapping In the communities *CMEB Geological courses update for experiment prospectors *TJCM, glacial geology and sediments sampling

11 Funding for Companies J.A. Macleod Exploration President Jimmy Macleod Mistissini Tel.: (418) Wemindji Exploration (WEMEX) President Geraldine Mark and directed by Mary Carmen Vera Tel.: (819) Nimsken Corporation President Louise Wapachee Ouje-Bougoumou Tel.: Natives Exploration Services, President Sam Bosum Oujé-Bougoumou, Tel : (418)

12 Acquisition of stocks and Encourage the Exploration *Niogold Inc. (Waswanipi). *Ressources D Arianne Inc. ( Eastmain s, Nemaska s and Wemindji s lands). *Nemaska Exploration Inc. (Nemaska). *Sirios Resources Inc. (Eastmain, Mistissini, Wemindji and Chisasibi). CMEB establishes network for tallymen, the members of CTA and companies (Virginia, Soquem, Azimut, Sirios, Dios, Everton etc...) Partners MRNFW, CHRD, CSB, CTA, Universities and CEGEPs.

13 Henry Salt story, One of the pionner prospectors in James Bay Henry is a 60+ year old Cree prospector who has been involved in the discovery of several projects in the area of Chapais and Chibougamou. In his last project funded by CMEB, Henry made a good discovery of copper that has been sold (exploration right) by Henry to a Junior Company. Henry Salt property

14 Establishment of a Cree Mining Investment Fund cmeb.org Eeyou Istchee has a great mineral potential, new discoveries are being made which will stimulate the activities of exploration companies in the territory Among the three resources (hydroelectricity, forestry and mining) the mining sector is one that offers the greatest employment opportunities for the Crees The return on investment for this type of fund could be very interesting if the fund is managed appropriately

15 cmeb.org Objectives of a Cree Mining Investment Fund The fund would consist in a sufficient capital base to invest in the equity of promising and profitable mining companies active on Eeyou Istchee; Develop the participation of Cree businesses and promote Cree employment in the mining sector; Such Fund would allow the Crees to become important actors and partners in the mining sector of Eeyou Istchee. Recuperation of capital and return on investment

16 Challenges The Crees want to join on this mining wave in terms of -Jobs -Entrepreneur Projects -Building infrastructures example -ownership Training at different level for all aspects. Develop a Cree geoscientific data base. cmeb.org Cree Investment Fund / direct investment by the Cree respect to the land, culture, a way of life and the environment. Developing the mining activities with the proper communication tools.

17 Conclusion cmeb.org Politics are way of life in all aboriginal communities and this is a big challenge to properly address when considering mining projects; but if we develop the proper communication tools and consult at the very beginning. The process will benefit all parties concerned and a mutual understanding lead to sustainable development.

18 Meegwetch!

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