- Bardoc Gold (BDC) is chasing down production at the Bardoc Gold Project in Kalgoorlie, appointing GR Engineering Services (GNG) to oversee its processing facility construction
- BDC inked a letter of intent to engage GR as its preferred tender for its up-and-coming Western Australian gold project
- A final investment decision is anticipated for completion before the end of the year
- Bardoc Chief Executive Officer Rob Ryan says Bardoc is rapidly moving towards developing a new high-quality gold project
- Bardoc Gold shares are down 2.90 per cent to trade at 6.7 cents, while GR Engineering Services shares are up 3.45 per cent to trade at $1.50
Bardoc Gold (BDC) is chasing down production at the Bardoc Gold Project in Kalgoorlie, appointing GR Engineering Services (GNG) to oversee its processing facility construction.
Bardoc signed a letter of intent to engage the fellow ASX-lister as its preferred tender for an engineering, procurement and construction contract as it works towards securing a final investment decision before the end of this year.
BDC described GR Engineering as a “leading mineral processing design and construction company” which has recently constructed a number of comparable processing plants in Western Australia.
Bardoc Chief Executive Officer Rob Ryan said the company was ramping up on every front.
“Bardoc is moving rapidly towards the development of a new high-quality, high-margin gold project near Kalgoorlie,” he said.
“The appointment of GR Engineering marks another key step in the development of the project and establishes an important relationship with a leading design and construction group.”
Concurrently, Bardoc has also started a major drilling programme in a bid to increase the 530,000-ounce Zoroastrian Resource, a deposit within the Bardoc Gold project.
At 12:23 pm AEST, Bardoc Gold shares were down 2.90 per cent to trade at 6.7 cents, while GR Engineering Services shares were up 3.45 per cent to trade at $1.50.