Letter of Intent Issued for EPC Contract - Woodlark Gold Project

Woodlark Gold Project

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

For further information about the Woodlark Gold Project, 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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