Letter of Intent - Deflector Flotation Tails Leach Plant

Deflector Tails Leach Project

Wednesday 18th June, 2020

GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that it has received a letter of intent (LOI) from Silver Lake (Deflector) Pty Ltd, a wholly owned subsidiary of Silver Lake Resources Limited (ASX: SLR) (Silver Lake), for the award of upgrade works involving the flotation tailings leach process at the Deflector gold copper operations (the Project).

The Project is located in the southern Murchison region of Western Australia, 450 km north of Perth and 160 km east of Geraldton.

The contract sum is $23 million and will be undertaken on an engineering, procurement and construction (EPC) basis. The EPC contract for the works will be finalised next month and GR Engineering will commence early works immediately. 

Commenting on the award, Mr Geoff Jones, Managing Director said:

"GR Engineering is excited to have received the letter of intent from Silver Lake, one of WA's leading gold producers. This LOI award represents GR Engineering's first major project with Silver Lake. We are looking forward to engaging closely with the Silver Lake team to deliver safe and successful outcomes for the Project."

Ends.

ASX Release

For further information about the Deflector Tails Leach Project, please click here

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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