GR Engineering Companies Restricted says it it has been awarded a variation to its current engineering, procurement and development (EPC) contract with Greenstone Sources (WA) Pty Ltd, a wholly-owned subsidiary of Vault Minerals Restricted, for the Stage 2 improve of the King of the Hills Operations, in Western Australia.
The King of the Hills operations is round 900 km northeast of Perth and 25 km north of Leonora throughout the Goldfields Area.
The Stage 2 improve, which is seeking to improve the annual throughput of the moist processing plant to 7.5 Mt/y, will dovetail with the Stage 1 improve, which is at present underway, GR Engineering says.
Vault Minerals states that it’s anticipating larger manufacturing from its Leonora property over the following 5 years, with common annual gold manufacturing of 215,000 ouncesand a peak of 235,000 oz. That is on the again of delivering a 50% improve to present processing throughput from late Q2 in its 2027 monetary yr.
The worth of the Stage 2 Improve variation is A$79 million ($51 million) together with provisional sums, bringing the entire contract worth for the undertaking to A$155 million.
The undertaking scope contains the design, procurement, development, set up and commissioning of the improve to the King of the Hills processing plant.
Tony Patrizi, Managing Director of GR Engineering, stated: “We’re happy to proceed working with Vault at their King of the Hills processing facility. We see the award of this extra stage of works as a robust endorsement of GR Engineering’s efficiency within the supply of the work that has been carried out thus far. We stay up for persevering with to work with the Vault workforce on the profitable and protected supply of this undertaking.”
