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Aboriginal Relations Policy

CAP-EX IRON ORE LTD. "THE COMPANY"
Aboriginal Relations Policy

The Company acknowledges that it operations on and takes part in activities that take place on lands that aboriginal peoples have been occupying and using since time immemorial. The Company wishes to be a good steward of the lands and resources.

The Company will promote relationships with aboriginal peoples based on mutual respect and a shared understanding of each others' rights and interests.

The Company recognizes that the reconciliation of aboriginal title and Crown title is a complex and long-term process that only the aboriginal governments and public governments can achieve. The company supports the government-to-government reconciliation process. The company seeks to reach understandings with aboriginal governments that promote a relationship that is long-term, stable and mutually-beneficial.

The objectives of the company's commitment to aboriginal relations are to:

  • Identify the aboriginal governments relevant to the areas of its proposed activities and operations as early as possible.
  • Seek and promote open and honest dialogue about the proposed activities and operations.
  • Provide information to aboriginal governments and communities about its proposed activities and operations that are accurate, timely and which is updated to reflect changing circumstances or plans.
  • Work cooperatively with aboriginal governments and communities to gain an understanding of the potential impacts of its activities and projects on aboriginal interests and seek ways to avoid or mitigate impacts.
  • Ensure that its employees, contractors and suppliers are aware of its Aboriginal Relations Policy, participate in training on the policy and are given opportunities to recommend means to improve the policy and aboriginal relations outcomes.
  • Seek aboriginal employees, contractors and suppliers where they can provide the required supplies and services in a safe, skilled manner and at a competitive price.
  • Contribute to aboriginal education and training reflective of the stage of mineral development that encourages aboriginal people to work in the mining industry.
  • Encourage public governments to implement sound policies that reflect the current and changing laws, the interests of aboriginal governments and the realities of a market-driven mineral exploration, development, mining and production industry.