EPC Contract – Warrawoona Gold Project

Warrawoona Gold Project

GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that it has entered into a contract with Keras (Pilbara) Gold Pty Ltd, a wholly owned subsidiary of Calidus Resources Limited (ASX: CAI) (Calidus), in relation to the design and construction of the process plant and associated infrastructure for the Warrawoona Gold Project (the Project).

As previously announced on 17 September 2020, GR Engineering had been appointed as the preferred tenderer by Calidus for these works.

The contract sum is $75.5 million. The Project is located approximately 150km south east of Port Hedland and approximately 25km south east of the town of Marble Bar, in Western Australia.

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

“GR Engineering is pleased to have been awarded the contract by Calidus. We are excited to continue working with the Calidus management team and look forward to safely and successfully delivering the Warrawoona Gold Project.”

Ends.

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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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