GNG.ASX: EPC Contract - Tower Hill Project

EPC Contract - Tower Hill Project

Stock	GR Engineering Services Ltd (GNG.ASX)
Release Time	21 May 2026, 9:30 a.m.
Price Sensitive	Yes

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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.