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Silver Lake awards A$38M Majestic gold mining contract to Watpac

Silver Lake ResourcesLtd. awarded a A$38 million contract to Watpac Ltd. to provide miningservices at the miner's Majesticgold project in Western Australia.

Works will include the clearing of vegetation and stockpilingof topsoil to allow the commencement of mining operations at the Majestic depositfollowed by activities at the Imperial deposit, Watpac said in a March 24 release.

Watpac will mine 6.4 million bank cubic meters of ore and wasteover a 25-month period and will also provide drill and blast services on site.