Lycopodium Minerals (ASX:LYL) awarded new contract with Bombore gold project
Lycopodium Minerals Pty Ltd (ASX:LYL) has been awarded the contract to provide Engineering, Procurement and Construction Management services for Orezone Gold Corporation’s Stage 1 Oxide Process Plant for the Bomboré Gold Project.
Bomboré is considered the largest undeveloped gold deposit in Burkina Faso.
With a 13+ year mine life, Orezone plans to develop the project in stages, with Stage 1 focused on the oxides as a carbonin-leach (CIL) operation.
Work is due to start on 11 January 2021.
Shares in Lycopodium Minerals Pty Ltd (ASX:LYL) are steady at $4.71.
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Source: Finance News Network