MDM Engineering Group Ltd MDM to execute in Mexico (3681U)
02 Dicembre 2013 - 8:00AM
UK Regulatory
TIDMMDM
RNS Number : 3681U
MDM Engineering Group Ltd
02 December 2013
MDM to execute project in Mexico for GoGold Resources
MDM Engineering Group Limited ("MDM" or the "Company") (AIM:
MDM) the minerals process and project management company focused on
the mining industry, is pleased to announce that it has been
awarded the execution contract for GoGold Resources ("GoGold")
Parral Tailings Project in Chihuahua, Mexico (the "Project").
The Project comprises dry land tailings deposited from the
historical Mina la Prieta silver and base metal mine. The tailings
were deposited in two separate areas referred to as Zones 1 and
2.
The Project is held by GoGold's wholly owned Mexican subsidiary,
Grupo Coanzamex S.A. de C.V. ("Coanzamex"). GoGold, a Canadian
exploration company recently acquired the Parral Tailings project
from Absolute Gold in August of this year.
George Bennett, MDM Executive Director said:
"MDM is very pleased to have been awarded the execution phase of
work for the Parral Tailings Project following the completion of
the FEED in June 2013. The MDM team have extensive tailings
experience, which includes some of the largest tailings projects in
the world. It is therefore our belief that we will add great value
to the Parral Tailings Project."
Enquiries:
MDM Engineering Group Limited Tel: +27 11 993-4300
Martin Smith (CEO)
George Bennett (Executive Director)
Canaccord Genuity Limited Tel: +44 (0) 207 523 8000
NOMAD and Broker
Neil Elliot
Chris Fincken
Joe Weaving
Tavistock Communications Tel: +44 (0) 207 920 3150
Financial Public Relations and
Investor Relations
Emily Fenton
Jos Simson
KEY INFORMATION:
MDM:
MDM Engineering Group Limited is a minerals process and project
management company focused on the mining industry. The Company
provides a wide range of services from preliminary and final
feasibility studies, through to plant design, construction and
commissioning. To date, the Company's clients have largely been
junior and mid-tier mining corporations with operations in
Africa.
The MDM Engineering core technical team has a 24 year track
record of completing a wide range of studies and execution projects
across a variety of minerals, including precious metals, base
metals, ferrous and non-ferrous metals, uranium and diamonds.
The Company has adopted an approach to project execution based
on an open-book Engineering, Procurement, and Construction
Management "EPCM" or "cost-plus" basis and on a Engineering,
Procurement and Construct (EPC) basis. With a core focus on Africa,
MDM Engineering is setting the benchmark standard for best practice
in the mining services industry through its commitment to providing
the highest quality services and actively engaging with clients to
ensure maximum transparency.
www.mdm-engineering.com
GoGold Resources:
GoGold Resources Inc. (TSX-V: GGD) is a Canadian-based, mineral
resource company with properties in Mexico and Canada.
The company's flagship property, San Diego, is in Durango,
Mexico and is currently the focus of GoGold's exploration efforts.
The property is a massive 70,987 hectares located in the richest
epithermal gold and silver belt in the world. The region is
presently host to numerous operating gold and silver mines and is
open to further mining development with a supportive local
populace, cooperative government, and good infrastructure.
GoGold's Management Team are veterans of successful mine
development and operation in both Canada and Mexico. In addition to
their extensive business and government relationships within these
countries, they have the knowledge, experience and financial acumen
required to turn properties into profitable producing mines.
www.gogoldresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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