Speewah Metals Limited (“Speewah” or “the Company”) (ASX:SPM) is pleased to advise that it has completed a Memorandum of Understanding (MOU) with Orla People who have a traditional connection to and claim native title rights in relation to the land that includes the Speewah tenements.
Speewah acknowledges the Orla people as traditional owners of the land that includes the Speewah tenements.
The MOU is a binding agreement that sets out the process for negotiations, scope of negotiations, establishes an agenda and confirms a timetable to complete negotiations for a future agreement that will satisfy the future act provisions of the Native Title Act 1993 in respect of the recently scoped Titanium/ Vanadium/ Hematite Mining Project.
Director's Commentary:
The completed MOU represents a further significant milestone along the pathway to development of the Speewah Titanium/ Vanadium/ Hematite project. The agreement continues and builds the strong relationship between the Company and the Orla people.
For further information please download PDF below: