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ASX and Media release: 2 February 2005BGF Awards Contract for...

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    ASX and Media release: 2 February 2005
    BGF Awards Contract for Ventilation Shaft
    Construction to Mancala Pty Ltd
    Ballarat Goldfields NL (BGF) is pleased to announce it has awarded the
    contract for construction of a new mine ventilation shaft at Ballarat East to
    Mancala Pty Ltd.
    Mancala is an established mining contracting company operating out of Melbourne
    and Sydney. The company has over 10 years experience in shaft construction having
    completed projects in many states of Australia for a number of major mining
    companies.
    The new shaft, named the “North Prince Extended”, will be concrete lined, 6 metres
    in diameter, and located within the mine lease area on crown land some 700 metres
    to the north of the decline portal. It will replace the current, (smaller) timber lined
    ventilation shaft, and will provide sufficient exhaust capacity for the life of the Ballarat
    East mine.
    The shaft will be sunk using a conventional “blind sink” method. Whilst conservative,
    this will ensure a quality and timely outcome.
    BGF Managing Director, Richard Laufmann, said, “The key factors in the selection of
    Mancala were the company’s expert knowledge and experience, safety management
    and their contract program.. Mancala has also successfully operated in built-up
    environments including Beaconsfield in Tasmania.”
    “The awarding of this contract to Mancala is an important milestone in the
    development of the Ballarat East project and complements the current underground
    development work,” Mr Laufmann said.
    The contractor will begin preparation and fabrication works shortly and commence
    site civil works in mid March 2005 to fit in with the underground development
    schedule. The total construction time is expected to be between 20 and 25 weeks,
    depending on the total depth of the shaft to be established.
    For further information, please visit our website www.ballarat-goldfields.com.au or contact
    Joel Forwood, Manager Corporate and Markets, on 03 5327 1111
    .
 
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