08:51 AM EDT, 10/31/2025 (MT Newswires) -- Northfield Capital (NFD-A.V) and Juno said Friday that Webequie First Nation and the Province of Ontario have signed a community partnership agreement to advance planning for the proposed Webequie supply road and priority community infrastructure investments.

The proposed 107-kilometer road would provide reliable all-season access from Webequie First Nation to the McFaulds Lake area in the heart of the Ring of Fire, Northfield said.

"The proposed Webequie supply road would transform access to one of Canada's most significant critical mineral deposits and create meaningful economic opportunities for First Nations communities," said Robert Cudney, president and chief executive officer of Northfield and CEO of Juno.

Juno is the largest mineral claim holder in the Ring of Fire with over 5,300 square kilometers, representing over 52% of the district's mineral claim, Northfield said.

Northfield's share price gained 1.5% on Thursday to $6.60 on the TSX Venture Exchange.