ASX Company News: Hillgrove Resources Awards Forge Group $40 million Copper Project

September 22nd, 2010

Hillgrove Resources Limited (HGO) is pleased to advise that it has awarded the contract for the construction and commissioning of the Kanmantoo processing plant through its wholly owned subsidiary Hillgrove Copper Pty Limited to Abesque Engineering Limited, a wholly owned subsidiary of the Forge Group Limited (FGE).

The contract has an approximate value of $40 million, and is for engineering, design, construction and commissioning of the processing facilities for the Kanmantoo Copper Mines project which is located approximately 65km south east of Adelaide in South Australia, near the town of Callington.  The Construction and Commissioning Contract involves the re-erection of the Pillara Plant, with several modifications and enhancements to meet the specific site conditions and processing requirements at Kanmantoo. Hillgrove Copper and Abesque have been working closely together over the past two years to ensure the plant is ready for the construction phase. The contract works are scheduled for completion in September 2011.

Hillgrove is an Australian mining company listed on the Australian Securities Exchange (HGO) focused on developing its Indonesian and Australian base and precious metals projects. The Company is targeting the discovery of world class epithermal gold and porphyry copper/gold deposits in Eastern Indonesia. Hillgrove’s flagship development is the Kanmantoo Copper Mines, located less than 55km from Adelaide in South Australia.

www.hillgroveresources.com

http://www.traderdealer.com.au/Fundamentals/hgo

www.forgegroup.com.au

http://www.traderdealer.com.au/Fundamentals/fge

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