Arccon awarded Engineering, Design and Procurement Services Contract for the Golden Hills Project

Arccon is pleased to announce that it has entered into a contract with QGX Golden Hills Ltd (QGX) to provide engineering, design and procurement services to QGX for the Golden Hills gold heap leach project located in northwestern Mongolia (the Golden Hills Project).

QGX is domiciled in Hong Kong and engages in the acquisition, exploration and development of resource properties in Mongolia. The value of the contract is approximately A$4.6m with completion of the scope of the contract services expected to occur within a 12 month timeframe.