Tshimpala Project Update: Civils Contract Executed
Force Commodities (Force or the Company) (ASX Code: 4CE) is pleased to announce that it has appointed Shire Construction Limited (Shire) as the Company’s Civils Contractor to complete civil engineering and construction works for site offices and camp establishment, infrastructure up-grades and improvements to access bridges and roads, exploration trenching work and drill pad preparations, at the high-grade lead and silver Tshimpala Project, located in the Dowa District of the Republic of Malawi (Tshimpala Project).
The agreement with Malawian based engineering and construction company, Shire, was executed by Force’s Operations Manager, Mark Green and Shire’s Managing Director Peter Malfense, at their Lilongwe Office and Depot.
Under the terms of the agreement, the civil engineering and construction services will now commence and will be provided in a number of consecutive phases and comprise:
1. Phase One Civils Works
Phase One Civil Works to include upgrades, improvements and repair of the road access to the project site to enable the heavy machinery to gain immediate access.
Phase One Civil Works will also include preparation of the drill pads for the initial 2,500m reverse circulation 150-hole drill program and completion of minor roadworks to allow access to the drill pads and to interlink all pads with one route for ease of access for the drill rig.
Work will also include major exploration trenching work and pre-stripping with a long reach excavator on both the Small Canyon and Grand Canyon Project areas to expose the high-grade lead and silver mineralisation along an approx. initial 850m for large scale sampling and subsequent development works.
2. Phase Two Civils Works
Phase Two Civil Works will include the office and project site development at the Tshimpala Project. It will include full site establishment including the civil works and fencing, construction and installation of offices and associated buildings, boreholes for water and water tanks, pumps, generator, with local housing, workshop and clinic, mess hall and diesel storage for the heavy machinery and plant and equipment.
In addition, and in parallel with the project site setup, a new road survey from the main road through to the Tshimpala Project site, and detailed proposal is to be undertaken and cost benefit analyses of the new road costing verses upgrading of the existing roadway is to be finalised.
As previously announced by the Company (refer ASX Announcement dated 23 August 2019), Shire will upon completion of the project site civils engineering and construction work, complete the site preparation for the mobile crushers and screen installation and also construction of the ROM stockpile area, ahead of the delivery of the mobile plant and equipment to site.
Commenting on the execution of the civils engineering and construction agreement with Shire, Force Commodities Managing Director Jason Brewer said:
“Force is very pleased to be working with Shire Construction and in having now signed the civils and construction agreement, that will allow us to continue to build on our momentum in country.”
“We are obviously looking at moving forward at pace with our exploration and development activities in Malawi and with the upgrading of access roads and bridges we will be able to have our initial 2,500m, 150-hole RC drilling program progress smoothly later this month.”
“The establishment of our offices and project site operations at the Tshimpala Project area along with the trenching work and associated pre-stripping really demonstrates our intent to get work done and tangible progress made.”
Jason Brewer David Tasker
Managing Director Chapter One Advisors
Force Commodities Limited Tel: +61 433 112 9036
Tel: +61 (0) 8 6426 1421 Em: firstname.lastname@example.org
Forward looking statements
Information included in this release constitutes forward-looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “continue”, and “guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.
Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.
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