CONTRACT: Cementation to sink Hoyle Pond winze

ONTARIO - Cementation Canada of North Bay, ON, has started the new year off with a formal letter of acceptance from Goldcorp's Porcupine Gold Mines (PGM) awarding Cementation the No.2 winze shaft sinking project at the Hoyle Pond gold mine...

ONTARIO - Cementation Canada of North Bay, ON, has started the new year off with a formal letter of acceptance from Goldcorp's Porcupine Gold Mines (PGM) awarding Cementation the No.2 winze shaft sinking project at the Hoyle Pond gold mine in Timmins, ON.

Cementation has already had a successful collaboration with the PGM team having carried out the feasibility and detailed engineering packages for the 1,847-metre-deep, 5.5-metre-diameter shaft which will deepen the mine to the 2200 level. The scope of the project includes headworks excavations and sinking the shaft, followed by equipping with production duty steelwork at the end of the project.

Cementation began to identify and secure equipment and other resources for the project in Q4 2010. Mobilization will begin this year and Cementation president Roy Slack said, "Cementation has a proud history in the Timmins area and we have been very active there lately. We have worked with Goldcorp's PGM team on the engineering of this shaft project and are very pleased to be selected to carry out the shaft sinking work as well."

Cementation is an underground hardrock mine contracting and engineering company specializing in the design and construction of underground facilities. Its website is at www.Cementation.ca.

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