Intrepid Mines Limited-Casposo: Award of Engineering and Procurement Services Contract
Wednesday, August 6th 2008
Intrepid Mines Limited, following its decision to proceed with the development of the Casposo gold-silver Project located in the Cordillera Frontal in the San Juan Province of Argentina, is pleased to announce the award of the contract for the Engineering and Procurement services for the Project to Ingenieria PENTA Sur S.A. Argentina.
The award was made at the conclusion of an international tendering process conducted over several months. The contract will involve the design and procurement of the conventional gold and silver whole leach recovery plant to support an average milling rate of 1,000 tons per day (365,000 t/a) with associated facilities. The design and procurement will primarily be carried out through Penta Sur’s Buenos Aires office with support from its Tucuman office.
Intrepid CEO, Brad Gordon, noted: “The Company looks forward to taking the next steps towards putting Casposo into production, and is particularly pleased to be partnering with a local Argentinian group at this critical stage of development.”
Website: intrepidmines.com
