OTTAWA, Oct. 22, 2014 /CNW/ - BluMetric Environmental Inc. (TSX-V: BLM), a leading Canadian cleantech company, is pleased to announce that it has been awarded a C$1.6 million contract for a prefeasibility hydrogeological study and geotechnical study for Labec Century Iron Ore Inc.'s Joyce Lake and Area Direct Shipping Ore (DSO) Project in Labrador. On this project, BluMetric's Professional Services Division is partnering with LVM Inc., which is undertaking the geotechnical portion of the work. The project was begun on signing and completion is scheduled for December, 2014.
BluMetric Professional Services Division will be completing a hydrogeological study to support Environmental Impact Statement preparation for the environmental permitting and will also be conducting groundwater modeling to evaluate dewatering requirements to support the Bankable Feasibility Study project. The work will consist of drilling, packer testing, well installation, and well testing.
"This contract is a result of our hydrogeological expertise, and emphasizes the reach BluMetric has in this discipline," said Nell van Walsum, President of BluMetric's Professional Services Division. "BluMetric's experience with both remote situations and environmentally sensitive development mean that we can provide our partners with a reliable analysis of local hydrogeological challenges and responses for this prefeasibility study."
Labec Century Iron Ore Inc. is a joint venture between WISCO Canada Company Limited and Century Iron Mines Corporation (TSX: FER). The Joyce Lake Project is an open-pit DSO project located in the province of Newfoundland and Labrador close to Schefferville, Quebec. It is expected to produce approximately two million tonnes of DSO per annum once in operation.
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BluMetric, a cleantech company, delivers sustainable solutions to complex environmental issues. The Company serves clients in many industrial sectors, and at all levels of government, in Canada and abroad.
BluMetric operates through two divisions:
- Professional Services, providing environmental earth sciences and engineering solutions, including contaminated site remediation, water resource management, industrial hygiene, occupational health & safety, and renewable energy;
- Water, focussed on design-build and pre-engineered product solutions to industrial/commercial water and wastewater treatment needs.
More information can be obtained at www.blumetric.ca.
Some of the statements in this press release, including those relating to the Company's strategies and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect the occurrence of unanticipated events, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: BluMetric Environmental Inc.
For further information: Nell van Walsum, President, BluMetric Professional Services Division, Tel: (613) 839-3053 x235, Email: [email protected]; Robin M. Sundstrom, IRonside Investor Relations, Tel: (647) 822- 8111, Email: [email protected]