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    COMPANY ANNOUNCEMENT
    10 July 2008
    GRD Minproc awarded next phase of Cloncurry Copper Project
    Engineering construction company GRD Minproc, a subsidiary of GRD Limited (ASX: GRD), will undertake the Definitive Feasibility Study for Exco Resources Limited’s Cloncurry Copper Project.

    The study is based on a proposed 2.5 – 3 Mt/a copper concentrator for the project, which is located in north-west Queensland. GRD Minproc recently completed the Pre-Feasibility Study for Exco Resources.

    GRD Minproc will use its internationally acknowledged expertise in process design and engineering to complete a range of activities including recommendations on process optimisation and capital cost and operating cost estimates.
 
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