MONTREAL, April 26 /CNW Telbec/ - SNC-Lavalin has commenced the
construction management phase of the Brisas Gold-Copper Mine Project in
SNC-Lavalin was awarded the engineering, procurement and construction
management (EPCM) contract for the processing facilities and mine
infrastructure at the Brisas Project in February 2006. Since then, detailed
engineering and procurement services have been progressing, and the owner,
Gold Reserve Inc., has been advancing with environmental permitting efforts
required to initiate on-site construction activities.
On March 28, 2007, Gold Reserve Inc. (TSX:GRZ - AMEX: GRZ) announced that
the Venezuelan Ministry of Environment had approved the Brisas Environmental
and Social Impact Assessment for the exploitation and processing of gold and
copper mineralization, and had issued the permit authorizing commencement of
the construction phase of the Brisas Project.
"SNC-Lavalin is pleased with this development and we look forward to the
successful completion of this project," said Pierre Duhaime, Executive
Vice-President, SNC-Lavalin. "This is the first major mining project in the
region, and we are working closely with Gold Reserve to maximize the local
content and provide spin-off benefits to the local community."
With construction set to proceed, SNC-Lavalin is releasing equipment
orders and contracts on behalf of Gold Reserve Inc. for the initial site
works. Construction is expected to begin in June 2007 with initial site
preparation and road contracts.
The Brisas Project is a large, open pit gold-copper mine in a remote area
of Venezuela being developed using conventional truck and shovel mining
SNC-Lavalin (TSX: SNC) is one of the leading groups of engineering and
construction companies in the world, a major player in the ownership of
infrastructure, and in the provision of operations and maintenance services.
The SNC-Lavalin companies have offices across Canada and in 34 other countries
around the world and are currently working in some 100 countries.
For further information:
For further information: Media: Gillian MacCormack, Vice-President,
Public Relations, SNC-Lavalin Group Inc., (514) 393-8000, ext. 7354,
firstname.lastname@example.org; Investors: Stéphane Roy, Vice-President,
Investor Relations, SNC-Lavalin Group Inc., (514) 393-8000, ext. 7559,