Business
Orbit Garant Drilling Awarded Contract by Rubicon Minerals
VAL-D'OR, QC, June 12 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) today announced that it has e...
About this update from Orbit Garant Drilling Inc.
[{"type":"text","content":"\n\n\n\nVAL-D'OR, QC, June 12 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) today\nannounced that it has entered into a contract with Rubicon Minerals\nCorporation (TSX: RMX; NYSE:RBY) to provide underground drilling services at\nRubicon's Phoenix Gold Project in Red Lake, Ontario.\n\n\nUnder terms of the contract, Orbit Garant expects to complete 40,000\nmetres of drilling at the Phoenix Project. Orbit Garant anticipates utilizing\nup to four drill rigs to carry out this program.\n\n\n"We are very pleased to enter into this important contract with Rubicon,"\nsaid Eric Alexandre, President and Chief Operating Officer of Orbit Garant.\n"This reflects our company's focus both on the gold sector and on expanding\nour strong relationships with successful, well-financed companies like\nRubicon."\n\n\nAbout Orbit Garant\n\n\nOrbit Garant is one of the largest Canadian-based drilling companies,\nproviding both underground and surface drilling services in Canada and\ninternationally through its drills 134 and more than 500 employees. Orbit\nGarant provides services to major, intermediate and junior mining companies,\nthrough each stage of mining exploration, development and production.\n\n\nAbout Rubicon Minerals\n\n\nRubicon Minerals Corporation is a well-funded exploration and development\ncompany, focusing on exploring for gold in politically safe jurisdictions with\nhigh geological potential. Rubicon controls over 65,000 acres of prime\nexploration ground in the prolific Red Lake gold district of Ontario which\nhosts Goldcorp's high-grade, world class Red Lake Mine. In addition to its Red\nLake holdings, Rubicon controls over 380,000 acres surrounding the Pogo Mine\nin Alaska as well as 225,000 acres in northeast Nevada.\n\n\nForward-looking information\n\n\nThis press release may contain forward-looking statements (within the\nmeaning of applicable securities laws) relating to business of Orbit Garant\nDrilling Inc. (the "Company") and the environment in which it operates.\nForward-looking statements are identified by words such as "believe",\n"anticipate", "expect", "intend", "plan", "will", "may" and other similar\nexpressions. These statements are based on the Company's expectations,\nestimates, forecasts and projections. They are...