Suppliers (February 12, 2007)

Scott Wilson RPA to study Tulks Hill

Prominex Resource (PXR-V, PXRFF-O) has hired mining consultants Scott Wilson Roscoe Postle Associates to prepare an independent technical report on the Tulks Hill polymetallic project, near Buchans, Nfld.

In the 1980s, Asarco identified four lenses on the property and reported a non-National Instrument 43-101-compliant inferred resource of 703,000 tonnes grading 5.5% zinc, 2.1% lead, 1.1% copper, 45 grams silver per tonne and 0.4 gram gold. During 1997 and 1998, United Bolero Development took a 2-tonne underground bulk sample at the bottom of the T-3 lens and had it tested by Lakefield Research, which reported 6.28% zinc, 4.98% lead, 2.36% copper, 60.8 grams silver per tonne and 6.74 grams gold.

During drilling in fall 2006, Prominex intersected mineralized sections on the T-3 lens in seven of its drill holes. On four holes, intersections included: 2.1% zinc and 1% copper over 10.3 metres, including an interval of 4.3% zinc over 4 metres; 13.5% zinc over 4.6 metres; 9.3% zinc and 1% copper over 6.1 metres; and 8.3% zinc over 13 metres.

Scott Wilson RPA will review, analyze, and interpret the data gathered thus far to determine a 43-101-compliant resource estimate for the whole property, and identify other drill targets at Tulks Hill.

Prominex is earning a 51% interest in the property from Buchans River (BUV-V).

Tetra adds to pack

Tetra Tech (TTEK-Q), a provider of engineering and construction services to the oil and gas industry, says it signed a deal to buy the assets of Vector Colorado, a mining consulting firm.

Tetra Tech says the acquisition will help it gain a foothold in the world’s mining and mineral sector.

In 2006, Golden, Colo.-based Vector Colorado brought in $7 million in revenue, according to Tetra.

“Tetra Tech has shown healthy organic growth over the past year,” says Tetra Tech’s CEO Dan Batrack. “In addition to larger acquisitions, Tetra Tech is executing its strategy of tuck-in acquisitions in select markets.”

Tetra Tech provides consulting and engineering services through its 7,500 associates in the United States and internationally. Some of Tetra Tech’s services include research and development, engineering design and project management.

Dynatec gets extension at Red Lake

Dynatec (DY-T, DYTCF-O) has signed a 1-year contract extension through 2007 to continue underground mining operations at Goldcorp’s (G-T, GG-N) Red Lake Gold Mines complex.

The Red Lake mines, located in northern Ontario, are some of Canada’s largest and lowest-cost gold operations. Dynatec started at Red Lake in 1999 when the company was brought in to carry out underground development work. For six years, Dynatec’s contract miners have done the underground mining at Red Lake. The contractor has 360 employees working there.

“Since beginning work at Red Lake, Dynatec has established a solid track record of meeting or exceeding our key performance targets. In 2006, production at the mine exceeded 500,000 ounces of gold for the fourth consecutive year,” says Bruce Walter, Dynatec president and CEO.

In addition to its contracting business, Dynatec owns a 45% stake in the Ambatovy nickel project in Madagascar; a 24.5% interest in FNX Mining (FNX-T, FNXMF-O), a Sudbury, Ont.-based producer of nickel, copper, platinum, palladium and small amounts of gold (Dynatec also provides mine production, development and construction work to FNX); and a coal-bed methane lease arrangement in West Virginia.