Rio2 Designates Process Plant Construction and Civil Contractors for the Fenix
VANCOUVER, British Columbia, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Rio2 Limited
(“Rio2” or “the Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces
that it has taken another key step towards the development of its Fenix Gold
Project (“the Project”) located in Chile by selecting the following lead
* Process plant / site infrastructure construction contractor - HLC
Ingeniería y Construcción (“HLC”)
* Leach pad and civil design contractor - Anddes Asociados S.A.C.
* Civil earthmoving and construction contractor - STRACON S.A. (“STRACON”)
Together with Rio2, the companies have executed an early contractor
involvement agreement (“ECI Agreement”) for early works associated with the
process plant / site infrastructure, leach pad and project civil design and
construction. Prior to the signing of this ECI Agreement, the parties have
been working exclusively over the past few months in close cooperation with
Rio2 management to detail all project engineering items related to the
construction of the Fenix Gold Mine. Detailed engineering activities for the
construction of the Fenix Gold Mine are scheduled to be completed in early
November in preparation for project financing.
The scope of works for each contractor includes the following:
HLC - design and construction of the primary crushing and stockpile circuit,
ADR plant and water facilities, lime dosing and leach pad pumping circuit,
workshop, warehousing, onsite offices and dining facilities, onsite power
generation and distribution.
ANDDES - engineering design for all civil earthworks, including access roads,
water controls, infrastructure platforms, leach pad and ponds, waste dump and
stockpiles. ANDDES will also provide site-based supervision of all civil works
including quality control and assurance.
STRACON - responsible for all earthmoving and associated activities, all road
maintenance and construction, building and infrastructure platforms, pad and
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