Orbit Garant Drilling Awarded Major Contract By Newmont Mining

Under terms of the contract, Orbit Garant expects to complete specialized core drilling over a three-year period at the Hope Bay Project. The Company will utilize three heli-portable drill rigs and expects to begin in Orbit Garant's fiscal third quarter.

Following completion of this contract, Orbit Garant and Newmont may extend the contract for a further three to five years.

"We are thrilled to enter into this important contract with Newmont," said Eric Alexandre, President and Chief Operating Officer of Orbit Garant. "This underlines our commitment to continue to expand our business with one of the world's leading mining companies." -- www.cnxmarketlink.com