In Brief: 09 April 2010 – SWK

April 9, 2010
Swick Mining Services Limited (SWK) said it has secured a two rig underground diamond drilling trial with Canadian nickel producer Vale Inco. The trial is the fourth commercial agreement secured by the company in North America during the last nine months. Swick said as result of the Vale Inco contract award, the number of Swick rigs in work in North America is forecast to increase to a record seven rigs by May 2010. The company said the trial is designed to assess the benefits of the Swick Mobile Diamond Drill rig and would involve both exploration and definition drilling. The trial will be conducted with two rigs over a six-month period at one of Vale Inco’s nickel mines in the Sudbury Nickel District in Canada.

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In Brief: 09 April 2010 – SWK

April 9, 2010
Swick Mining Services Limited (SWK) said it has secured a two rig underground diamond drilling trial with Canadian nickel producer Vale Inco. The trial is the fourth commercial agreement secured by the company in North America during the last nine months. Swick said as result of the Vale Inco contract award, the number of Swick rigs in work in North America is forecast to increase to a record seven rigs by May 2010. The company said the trial is designed to assess the benefits of the Swick Mobile Diamond Drill rig and would involve both exploration and definition drilling. The trial will be conducted with two rigs over a six-month period at one of Vale Inco’s nickel mines in the Sudbury Nickel District in Canada.

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