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Strike Resources (ASX:SRK) secures key contractors for Paulsens East

Materials
ASX:SRK      MCAP $14.47M
29 June 2021 02:00 (AEST)

Strike Resources (SRK) has secured key contractors to commence operations at the Paulsens East Iron Ore Project in the Pilbara region of Western Australia.

Of these, is fellow ASX-listed company, Dynamic Drill and Blast (DDB). DDB specialises in providing drilling and blasting services to clients in WA’s mining and construction sectors.

Strike also contracted Lucas Total Contract Solutions who will provide mining, crushing and screening services. Lucas will undertake the civil works required for Paulsens East, including constructing the 18-kilometre haulage road, establishing the Mining Operations Centre and site works for the mining village.

The company has also executed access agreements which paves the way for the remaining miscellaneous licence being granted and the Department of Mines, Industry, Regulation and Safety approving the mining proposal.

Managing Director William Johnson was pleased to be making progress towards beginning operations at Paulsens East.

“With the final objection to the haulage road miscellaneous licence now being withdrawn, the company expects to shortly have all of its necessary licences and permits required to commence operations at Paulsens East,” Mr Johnson said.

“Strike is also very pleased to confirm the selection of its preferred contractors for the critical drill and blast, mining, crushing and civils aspects of the project.”

As announced last month, the company began acquiring long-lead items to support the operation.

Since then, Strike has entered a contract with Telstra to commence works on establishing suitable communications infrastructure for the mine site and village. The tower will be critical for safe and effective communications during the construction and operational phase of the mine.

Company shares were trading flat at 23.5 cents at 3:58 pm AEST.

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