Dacian Gold Limited
(ASX:DCN) has announced it has awarded a key plant construction contract at its Mt Morgans Gold project in Western Australia to engineering company, GR Engineering Services Limited
(ASX:GNR).
The gold developer issued the conditional Letter of Intent to GR Engineering Services Limited
(ASX:GNR) for the engineering, procurement and construction of a new carbon-in-leach, gold treatment facility.
The new 2.5 million tonne per annum (MTPA) treatment facility will be built near Dacian Gold’s Jupiter open pit.
Dacian Gold Limited
(ASX:DCN) says following its $110 million equity raising, full scale construction will begin in weeks.
The gold producer is also on track to pour its first gold at the mine within 13 months.
Dacian Gold Limited
(ASX:DCN) reported a net loss after tax of $13.83 million for the half year ending 31 December 2016.
