Contracts Update

Summary by AI BETAClose X

Capital Limited has announced significant contract wins across its drilling, mining, and laboratory divisions, reflecting a strong demand environment and the deployment of recently raised funds. The company has recommenced waste stripping at the Sukari Gold Mine with an 18-month contract starting in Q1 2026, utilizing existing and new equipment. Furthermore, Capital's drilling business secured a 5-year grade control drilling contract with Montage Gold in Côte d'Ivoire, commencing mobilization in Q2 2026. MSALABS has also secured a 5-year commercial laboratory services contract with Equinox Gold in Newfoundland, which will support the construction of a new laboratory featuring PhotonAssay™ technology. These new contracts, alongside previously announced awards and extensions, indicate positive momentum for the Group.

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