Gold Road announces approval and development milestones for Gruyere Gold Project

0
70
Image credit: Gold Road Resources ASX release

Gold Road Resources has provided an update on the construction progress at the Gruyere Gold Project, located 200km east of Laverton in Western Australia.

Work has also commenced to connect water and sewerage to the camp Image credit: Gold Road Resources ASX release

The company’s Managing Director and CEO Ian Murray noted that permitting and approvals for the Project remained on schedule, with environmental approval now received from the Minister for Environment Albert Jacob.

He said secondary approvals were now being assessed by the Department of Mines and Petroleum, and Department of Environment Regulation.

“Achieving environmental approval is an important milestone and clears the path for the Project’s Mining Proposal, Project Management Plan and Works approvals, all of which have been submitted,” Mr Murray continued.

“We anticipate receiving these final approvals in February 2017, immediately following which we will commence construction of the processing plant and development work on the Gruyere open pit mine. I would like to acknowledge the commitment of the entire Gold Road and the Project team in delivering these milestones in a period of high activity and transition for the Project.”

The company has also announced the appointment of Geoff Cowie – previously Gruyere Feasibility Study Coordinator – to the key position of Construction Manager for the Project.

Commenting on his appointment, Mr Cowie said:

“Taking on this key role for the Project offers a great opportunity to lead a committed team, follow-through on the work previously completed as part of the Feasibility Study and deliver this outstanding project into production on time, on budget and safely,” Mr Cowie stated.

Gold Road also told the ASX that work to dismantled relocate the first 300 rooms of the accommodation village for the Project has been completed, while erection of this unit has started and is expected to be completed in March 2017.

“Work to dismantle, relocated and install the second 300 rooms for the Gruyere accommodation village will commence in February and is scheduled for completion in the June 2017 quarter,” reads Gold Road’s statement.

According to the company, the Project is in the final stages of evaluating tender submissions for key works contracts including the Engineering, Procurement and Construction (EPC) contract for the process plant and associated infrastructure bulk earthworks contract; energy supply agreement comprising the power station and gas pipeline; long lead time equipment; and catering contract, with final decision expected in the March 2017 quarter.