Hemlo Mining Corp. Finalizes Impact Benefit Agreement with Biigtigong Nishnaabeg

On June 4, 2026, Hemlo Mining Corp. (TSXV: HMMC, OTCQX: HMMCF) proudly announced the successful completion of an Impact Benefit Agreement (IBA) with the Biigtigong Nishnaabeg, enhancing the company's commitment to positive community relations surrounding its Hemlo Mine operations. This strategic partnership exhibits Hemlo Mining's dedication to integrating community needs and environmental considerations into its mining processes.

The IBA stands as a comprehensive framework that covers financial participation, contracting, and employment opportunities for the local community. It also includes capacity funding aimed at prioritizing various community initiatives, ensuring that Biigtigong Nishnaabeg benefits directly from the mine's development. The structured agreement encompasses mechanisms that facilitate ongoing discussions concerning environmental impacts and other essential matters throughout the lifespan of the Hemlo Mine.

Jonathan Awde, the Executive Chair of Hemlo Mining, expressed keen satisfaction over the establishment of this critical agreement. He stated, "Reaching this agreement is an important milestone for Hemlo Mining and for our relationship with Biigtigong Nishnaabeg. We are grateful to Biigtigong Nishnaabeg leadership for their partnership, and we are committed to honouring this agreement over the full life-of-mine. We look forward to a long and mutually beneficial relationship with the Community.”

About Hemlo Mining Corp.

Hemlo Mining Corp. is a Canadian mining entity focused on gold production, particularly at its Hemlo Gold Mine located in northwestern Ontario. Since its inception in 1985, the Hemlo Gold Mine has been a significant contributor to Canada's gold output, having produced approximately 25 million ounces of gold via both underground and open-pit mining methods. Hemlo Mining operates under a fit-for-purpose strategy aimed at enhancing the mine's value through improved operational efficiency and sustained production growth.

The leadership team at Hemlo Mining boasts extensive experience in the mining sector, aiming to create shareholder value while considering community welfare as essential to its business model. The recent IBA with Biigtigong Nishnaabeg not only exemplifies the company's efforts towards building strong relationships with local indigenous communities but also reinforces its commitment to responsible mining practices.

As initiatives like the IBA are put into effect, Hemlo Mining is optimistic about its future trajectory, combining community engagement with resource extraction to ensure a balanced approach to mining. These strides illustrate the company's awareness of the broader social and environmental responsibilities that come with operating in such sensitive ecosystems.

In summary, Hemlo Mining Corp.’s completion of its Impact Benefit Agreement with Biigtigong Nishnaabeg is not merely an operational agreement; it signifies a partnership aimed at ensuring both community prosperity and sustainable mining operations. As the company forges ahead, it is poised to honor its commitments and foster a thriving partnership with the local community for years to come.