Orbit Garant Drilling Awarded Contract by Xstrata

About this update from Orbit Garant Drilling Inc.

[{"type":"text","content":"\n\n\n\nVAL-D'OR, QC, Aug. 19 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) today\nannounced that it has entered into a contract with Xstrata Canada Corporation\n- Xstrata Zinc Canada Division ("Xstrata") to provide surface drilling\nservices at Xstrata's Bracemac-McLeod project in Matagami, Quebec.\n\n\nUnder terms of the contract, Orbit Garant will utilize 3 drill rigs to\ncomplete a minimum of 22,000 metres of drilling at the Bracemac-McLeod\nProject. Xstrata may extend the contract to 45,000 metres, depending on drill\nresults and future budget allocations.\n\n\n"We have been working alongside Xstrata (formely Noranda Inc/Flaconbridge\nLtd) for over 10 years and are delighted to be entering into this new\ncontract," said Eric Alexandre, President and Chief Operating Officer of Orbit\nGarant. "This contract underlines our focus on building long-term\nrelationships with major mining companies. It also reflects our strong and\ngrowing position in surface drilling and our leading market share in the\nAbitibi region, key elements of our business strategy."\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 135 drills 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\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 not guarantees of future\nperformance and involve risks and uncertainties that are difficult to control\nor predict. These risks and uncertainties are discussed in the Company's\nregulatory filings available at www.sedar.com. There can be no assurance that\nforward-loo...

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