Last checked at 25 Oct 2018 07:00
For Immediate Release | 25 October 2018 |
Capital Drilling Limited("Capital Drilling" or the "Group")
Contract Extension at Sukari
Capital Drilling Limited (CAPD:LN), a leading drilling solutions company focused on the African markets, is pleased to announce it has been awarded a renewed five year production drilling contract at the Sukari Gold Mine, extending the current contract through to 2023.
Capital Drilling has been active at the Sukari mine since 2005 and currently runs a fleet of 14 rigs, providing Sukari with blast hole and grade control drilling services in the open pit.
Commenting on the contract extension, Jamie Boyton, Chairman said:
"Capital Drilling has been working with Centamin for fourteen years and we are delighted to continue this relationship as the demand for our services continues. This contract extension is a testament to the Group's solid operational performance and provides stability in operations to support our ongoing investment, in what is one of the highest quality and long-life gold mines globally."
For further information, please visit Capital Drilling's website www.capdrill.com or contact:
Capital Drilling Limited +230 464 3250
Jamie Boyton, Executive Chairman investor@capdrill.com
André Koekemoer, Chief Financial Officer
finnCap Ltd +44 20 7220 0500
Christopher Raggett, Corporate Finance
Camille Gochez, Corporate Broking
Tamesis Partners LLP +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Buchanan +44 20 7466 5000
Bobby Morse capitaldrilling@buchanan.uk.com
Gemma Mostyn-Owen
About Capital Drilling
Capital Drilling provides specialised drilling services to mineral exploration and mining companies in emerging and developing markets, for exploration, development and production stage projects. The Company currently owns and operates a fleet of 91 drilling rigs with established operations in Botswana, Côte d'Ivoire, Egypt, Ghana, Kenya, Mali, Mauritania and Tanzania. The Group's corporate headquarters are in Mauritius.