09:14 AM EDT, 04/18/2024 (MT Newswires) -- Reunion Gold ( RGDFF ) signed a Mineral Agreement with the Guyanese government and the Guyana Geology and Mines Commission that provides the company with stable fiscal and operating conditions during the life of the Oko West gold project.

Under the agreement, Reunion will prioritize the employment of "qualified and suitable" Guyanese and implement a training program to develop the skills required to facilitate the employment of Guyanese personnel at all levels of operations.

Reunion will also establish a financial support program of US$1 million annually for environmental and social projects. The funding will underwrite initiatives that promote environmental sustainability and address social needs in surrounding communities.

The company is moving forward with development studies to advance Oko West towards a construction decision with a preliminary economic assessment expected by mid-year.