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LOCATION > SECULAR BULL > ADANAC > PRESS RELEASE > May 6th, 2005
 
Adanac Moly Corp.
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Adanac Begins Prefeasibility Study For Ruby Creek

2005-05-06 14:01 ET - News Release

Mr. Larry Reaugh reports:

ADANAC AWARDS BALANCE OF PRE-FEASABILITY CONTRACTS (MOLY @$34.00 (US)/lb)

Mill and infrastructure
The mining and minerals division of Wardrop Engineering Inc. will undertake the mill and infrastructure prefeasibility for the Ruby Creek molybdenum project. Wardrop is a full-service engineering company that celebrated 50 years of service in the beginning of 2005. It has been providing services to the Canadian industry for most of that time. Wardrop has offices in Vancouver, Saskatoon, Toronto, Sudbury and Thunder Bay, and continues to expand the provision of project development services, in Canada and worldwide.

Mine design and rock slope stability
This contract has been awarded to Golder Associates Ltd., an international group of consulting companies that provides engineering and support services for all phases of mine development and operation, including preliminary scoping studies and detailed feasibility analysis, through mine development and operations, as well as mine closure and site rehabilitation. Besides preparing mine production feasibility studies, Golder is recognized as a leader in resource and reserve evaluation, geotechnical analysis, mine waste-fill design, environmental consulting, and safety training. Many Golder staff can be called upon to act as qualified persons or competent persons, as defined by worldwide regulatory agencies, while acting in the role of independent engineer. Golder has been in operation for over 40 years and has more than 3,500 staff in over 100 offices across Africa, Asia, Australia, Europe, North America and South America.

Tailings and site geotechnical designs
The contract was awarded to Klohn Crippen Consultants Ltd. of Vancouver, B.C., which provides engineering and environmental services for mines in Canada and internationally. Klohn Crippen has pioneered safe management of tailings and waste rock in British Columbia since the 1970s and is a recognized leader in the design of tailings dams. It is presently responsible for baseline environmental studies and the environmental impact assessment for the Ruby Creek project. This work will be seamlessly integrated with the waste management engineering.

Adanac Moly Corp. is pleased to have assembled this team of prestigious contractors to perform this initial stage of development engineering for the Ruby Creek project.

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