Murchison Metals Limited (ASX:MMX)
Perth, July 10, 2009 AEST (ABN Newswire) - Murchison Metals Limited (ASX:MMX)(PINK:MUMTF) welcomes the appointment of WorleyParsons as Project Management Study Contractor to the Oakajee Port and Rail Project.
Murchison has a 50% interest in Oakajee Port and Rail (OPR), the project developer.
Murchison Executive Chairman Paul Kopejtka said WorleyParsons would play a critical role in completing the project Bankable Feasibility Study (BFS) and in the design and engineering of both the port and rail components.
"WorleyParsons is recognised both nationally and globally as a leading project manager and we are delighted to have such a high quality group in this critical project role," said Mr Kopejtka.
"WorleyParsons' extensive experience in the design, engineering and costing of integrated infrastructure projects will allow for the timely completion of the BFS and provide a solid foundation for the development of the Oakajee port and associated rail network.
"As the Oakajee Port and Rail Project gains momentum and proceeds towards development, it will provide more certainty with respect to the port and rail infrastructure required for the Stage 2 expansion of the world class Jack Hills iron ore project owned by Crosslands Resources Ltd, which is also jointly owned by Murchison and Mitsubishi."
Feasibility studies for both the Port and Rail Project and the Jack Hills expansion are on track for completion in 2010.
For the complete Murchison Metals Announcement and a full media statement issued by OPR, please click the link below:
http://www.abnnewswire.net/media/en/docs/61027-ASX-MMX-452474.pdf
Contact
Paul Kopejtka
Executive Chairman
Murchison Metals Ltd
Tel: +61-8-9492-2600
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