Ausdrill Awarded Contract Extension
Through its wholly owned subsidiary African Mining Services (AMS), Ausdrill Limited (ASX: ASL) announces that it has received a Letter of Intent from Adamus Resources Limited to award a mining contract for the Nzema Gold Project, located in Ghana.
The contact is expected to commence pre-production in November 2010 and will run for 36 Months
The mining contract is for drilling and blast, loading and hauling ore and waste and crush feed and pit dewatering. AMS expects to employ approximately 100 personnel when the works are in full production for a total material movement of approximately 24.5Mt.
AMS currently performs exploration and grade control drilling services for Adamus at Nzema