Geopacific Resources (Geopacific ASX:GPR) has taken another important step towards the development of its 100% owned Woodlark Gold Project (Woodlark), after issuing a Letter of Intent for the award of the engineering, procurement and construction (EPC) contract to GR Engineering Services Ltd (GR Engineering ASX:GNG).
A conditional letter of intent has been signed and relates to the 2.4 million tonne per annum carbon in leach (CIL) treatment facility (process plant), tailings line and other supporting infrastructure.
The final EPC contract is expected to be in the form of a Guaranteed Maximum Price (GMP) and will be signed following agreement of the final terms and conditions.
Click below to view the ASX release:
GPR Gold Process Plant Constructor Appointed