GNG Price sensitive 21 May 2026, 9:30 AM

EPC Contract - Tower Hill Project

GR Engineering Services Ltd

GR Engineering Services Secures EPC Contract for Tower Hill Gold Project

Key points

  • GR Engineering Services Ltd (ASX: GNG) awarded EPC contract for Tower Hill Gold Project
  • Contract sum is $229 million
  • GR Engineering previously appointed as Preferred Contractor for the Project
  • Anticipated production rate of 3.5-4.0Mtpa

Full summary

GR Engineering Services Limited (ASX: GNG) has announced the execution of an engineering, procurement, and construction (EPC) contract with Genesis Minerals (Leonora) Pty Ltd, a subsidiary of Genesis Minerals Limited (ASX: GMD), for the Tower Hill Gold Project. This follows GR Engineering's appointment as the Preferred Contractor for the project, as previously announced on 23 February 2026. The contract sum amounts to $229 million, highlighting GR Engineering's significant involvement in the project. Tony Patrizi, Managing Director of GR Engineering, expressed enthusiasm for the collaboration, emphasizing the company's track record in the minerals sector and the anticipated successful outcome for the 3.5-4.0Mtpa Tower Hill Gold Project.

Outlook

GR Engineering looks forward to a successful collaboration with Genesis to deliver the Tower Hill Gold Project.

Summary generated by a large language model. Please interpret with care.

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