TON 0.00% 1.1¢ triton minerals ltd

APPOINTMENT OF PROJECT MANAGEMENT CONSULTANT (PMC) Triton...

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    APPOINTMENT OF PROJECT MANAGEMENT CONSULTANT (PMC) Triton Minerals Ltd (ASX: TON) (Triton or the Company) is pleased to announce, following a competitive tender process, the appointment of Lycopodium ADP Pty Limited (LADP) as PMC for implementation of the Company’s 100% owned flagship high-grade, large flake Ancuabe Graphite Project (Project) in Cabo Delgado, Mozambique. This is a cornerstone contract and is key to the successful execution of the Project. LADP are an experienced engineering and project management consultancy firm, with a proven track record of design and implementation within Africa (including recent experience in Cabo Delgado, Mozambique), extensive experience with EPC contractors and recent implementation experience in the graphite sector. Triton has an existing strong and successful working relationship with LADP following LADP (in conjunction with Lycopodium Minerals Pty Limited) being instrumental in delivering the Definitive Feasibility Study in December 2017. The PMC contract comprises three elements: Front End Engineering and Design (FEED) for execution by the EPC contractor, EPC management in China and on-site construction management. LADP will commence work immediately. Commenting on the appointment of the PMC, Triton’s Managing Director, Peter Canterbury said "Following on from the recently announced offtake term sheets, this appointment is another milestone in the development of the flagship Ancuabe Graphite Project and the Board remains absolutely focussed on achieving the development activities set out in the Ancuabe Project Update announced on 5 February 2018."
 
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