Zenyatta Ventures Ltd.; Notice of Motion for Injunction by Constance Lake First Nation
THUNDER BAY—29 April 2011
Zenyatta Ventures Ltd. (ZEN: TSX Venture) (“Zenyatta” or “Company”) announces Constance Lake First Nation (“CLFN”), is seeking injunctive and other relief against the Company and Ontario (“Crown”) regarding Zenyatta's current exploration activities and the Mining Act from Ontario Superior Court.
Among other things, CLFN alleges that the defendants have failed to adequately consult and accommodate them in connection with Zenyatta’s current mineral exploration activities. Zenyatta is undertaking a 20,000 metre drill program at the Albany Project near Hearst, Ontario. The Albany Project is within the asserted traditional territory of CLFN.
Prior to commencing its drill program, Zenyatta had been engaged in consultative discussions and dialogue with CLFN for over a year. The Company also delayed its winter drill program for numerous weeks while those discussions continued.
The motion is expected to be heard in the Supreme Court today. The outcome of the proceeding will be announced when known.
Zenyatta is vigorously defending its interests, but remains committed to on-going dialogue with the Crown and CLFN respecting the community's concerns. The Company recognizes the aboriginal treaty rights and the importance of the traditional lands to the First Nation people. We also realize that mineral exploration must contribute to the benefit of all stakeholders involved. The Company is focused and committed to Northwestern Ontario and has always accepted responsibility for strong community relations.
For further information please contact Zenyatta at 807-346-1660 or email . To find out more on the Company, please visit our website, www.zenyatta.ca.
This news release may contain forward-looking statements and is subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected in the Company’s forward-looking statements and expectations. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by
law. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release