Results of 2017 AGM
Through its wholly owned subsidiary African Mining Services (AMS), Ausdrill limited (ASX: ASL) announces that it has received a Letter of Intent from Perseus Mining Limited’s subsidiary, Central Ashanti Gold Limited, to award a mining contract for the Central Ashanti Gold Project (Ayanfuri).
The contact which is expected to commence pre-production in March 2011, will run over 63 Months.
The mining contract is for a complete service including grade control, drilling and blast, loading and hauling ore and waste and crush feed. AMS expects to employ approximately 300 personnel in the works for a total material movement of 125Mt.