GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that it has received a Letter of Intent (LoI) from Pantoro Limited (Pantoro) for the engineering, procurement and construction of a new processing plant for its 50% owned Norseman Gold Project (the Project).
The Project is located in the Eastern Goldfields of Western Australia and is 725km east of Perth and 200km south of Kalgoorlie.
The contract sum is $57.2 million. GR Engineering will commence ordering of long lead items and start engineering works immediately.
Commenting on the award, Mr Geoff Jones, Managing Director said:
“GR Engineering is pleased to be working with the Pantoro team on this exciting project, and it further enhances GR Engineering’s reputation as the leading gold EPC contractor in Australia. We are looking forward to engaging closely with the Pantoro team to deliver safe and successful outcomes for the Project.”
Ends.
ASX Release
About GR Engineering
GR Engineering specialises in providing fixed price engineering design and construction services to the global resources and mineral processing industries. GR Engineering has a proven track record of delivering integrated project solutions in over 20 countries across all major commodity types. As a group, GR Engineering employs more than 500 professional, technical and support staff throughout Australia and internationally, in addition to a direct construction workforce and subcontracted personnel.
GR Engineering Services Limited is listed on the Australian Securities Exchange (ASX: GNG).
For further information please contact:
Geoff Jones
Managing Director
+61 8 6272 6000
geoff.jones@gres.com.au
Omesh Motiwalla
CFO & Company Secretary
+61 8 6272 6000
omesh.motiwalla@gres.com.au
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