Orbit Garant Drilling Awarded Major Contract by Newmont Mining

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[{"type":"text","content":"\n\n\n\nVAL-D'OR, QC, Nov. 5 /CNW/ - Orbit Garant Drilling Inc. (TSX: OGD) today\nannounced that it has entered into a major contract with Newmont Mining\nCorporation (NYSE: NEM) to provide diamond core drilling services at their\nBoston project in Nunavut.\n\n\nUnder terms of the contract, Orbit Garant expects to complete specialized\ncore drilling over a three-year period at the Hope Bay Project. The Company\nwill utilize three heli-portable drill rigs and expects to begin in Orbit\nGarant's fiscal third quarter. Following completion of this contract, Orbit\nGarant and Newmont may extend the contract for a further three to five years.\n\n\n"We are thrilled to enter into this important contract with Newmont,"\nsaid Eric Alexandre, President and Chief Operating Officer of Orbit Garant.\n"This underlines our commitment to continue to expand our business with one of\nthe world's leading mining companies."\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 134 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\nAbout Newmont\n\n\nFounded in 1921 and publicly traded since 1925, Newmont (www.Newmont.com)\nis one of the largest gold companies in the world. Headquartered in Denver,\nColorado, the company has approximately 34,000 employees and contractors, with\nthe majority working at Newmont's core operations in the United States,\nAustralia, Peru, Indonesia and Ghana. Newmont is the only gold company listed\nin the S&P 500 index and in 2007 became the first gold company selected to be\npart of the Dow Jones Sustainability World Index. Newmont's industry leading\nperformance is reflected through high standards in environmental management,\nhealth and safety for its employees and creating value and opportunity for\nhost communities and shareholders.\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-loo...

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