Ann: Calidus Appoints GR Engineering for the Warrawoona PFS, page-3

Calidus Resources continues to move along very nicely , whether the Fancy Pants , Brokers and Fund Managers   whom attended the CAI  RUI Explorers Conference Presentation yesterday show any interest is another story .

Calidus Appoints GR Engineering for the Warrawoona PFS Calidus Resources Limited (CAI) (Calidus or the Company) is pleased to announce that GR Engineering Services Limited (GNG) (GR Engineering) has been appointed to undertake the Pre-Feasibility Study for Calidus on the 1.25 million ounce Warrawoona Gold Project. The Pre-Feasibility Study is scheduled to be completed in Q3 of this calendar year. GR Engineering are an ASX listed, engineering company that has successfully managed 19 gold feasibility studies and the construction of three gold processing plants in Western Australia in the last 2 years and has an excellent track record of delivering process plants on time and on budget.

Calidus Managing Director Dave Reeves commented, “The appointment of GR Engineering to undertake the Pre-Feasibility Study for Calidus is another step towards development of the Warrawoona Gold Project. Detailed inputs for the study have been collected over the last 12 months to ensure an accurate representation of the economics can be provided to investors on the completion of the Pre-Feasibility Study and allow discussions to commence with debt financiers. With regional drilling of untested anomalies due to commence next month in parallel with the Pre-Feasibility Study, we believe we are just starting to unlock the true value of this untested greenstone belt in Western Australia.”