GNG.ASX: Early Works Commence at Black Swan Processing Hub

Early Works Commence at Black Swan Processing Hub

Stock	GR Engineering Services Ltd (GNG.ASX)
Release Time	20 Jul 2026, 8:24 a.m.
Price Sensitive	Yes

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Maritana Minerals Commences Early Works at Black Swan Processing Hub

Key Points

Early Works commenced at Black Swan Processing Hub
GR Engineering Services engaged to lead Early Works
Target first gold production in H2 CY2027

Full Summary

Maritana Minerals Limited (ASX:MRT) has initiated Early Works at its Black Swan Processing Hub (BSPH), located about 50km northeast of Kalgoorlie, Western Australia. The Early Works program, led by GR Engineering Services Limited (ASX:GNG), involves earthworks, demolition, detailed engineering, and long-lead equipment procurement. This phase aims to de-risk the project's costs and schedule, with full construction expected to start in Q3 CY2026 and first gold production targeted for H2 CY2027. Key activities include advancing engineering and design, awarding contracts for long-lead equipment and civil installation, and refurbishing the SAG mill. Total committed expenditure for the Early Works phase is approximately A$25.0 million.

Guidance

First gold production targeted in H2 CY2027

Outlook

The commencement of Early Works marks a significant step towards the full construction phase and first gold production, with Maritana Minerals aiming to maintain the project on track.