EPC Contract – Bellevue Gold Project

Bellevue Gold Project

GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that it has entered into a contract with Golden Spur Resources Pty Ltd, a wholly owned subsidiary of Bellevue Gold Limited (ASX: BGL) for the engineering, procurement and construction (EPC) works in relation to the 1.0 Mtpa gold processing plant and associated infrastructure for the Bellevue Gold Project (the Project) in Western Australia. The contract sum is $87.8 million.

As previously announced on 24 May 2022, GR Engineering had commenced work on this Project under a Preliminary Works Agreement.

Commenting on the contract award, Mr Geoff Jones, Managing Director stated that:

“GR Engineering is pleased to continue its involvement on this exciting gold project. Our clients are increasingly seeking certainty and a track record of performance and GR Engineering has been able to demonstrate this to Bellevue, including by reference to its strong track record of successful project outcomes in the Western Australian gold sector.”

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 600 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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