December 02, 2008
Adriana ropes in Seabulk for Brazilian iron ore port
Adriana Resources Inc has accepted a proposal from Seabulk Systems Inc of Richmond of British Columbia to provide engineering services through the permitting, design and procurement stages of the proposed Brazilian iron ore port facility held by the it's 75% owned subsidiary Brazore Holdings Ltd.
Seabulk's services in this stage will include directing local consultants to organize field work and oversee geotechnical and surveying contractors. Seabulk has also agreed to undertake the design of the barge loading terminal including site work, railcar receiving, ore storage and reclamation and barge loading.
The design is expected to take approximately six months from instructions to proceed and is estimated to cost approximately USD 600,000. The engineering work will commence in conjunction with the ongoing environmental permitting and geotechnical work which is estimated also to take approximately six months. The advancement of these studies will allow the bidding process and construction of the port facility to commence immediately upon the receipt of the environmental permits. Seabulk will also work closely with Brazore to procure major equipment such as the railcar dumper, stacker and the barge loader.
Seabulk is currently working with Acioli Pimentel Servicos de Engenharia Ltda, who are undertaking all technical and legal consulting services required as part of the environmental approval process.
Adriana has expertise in exploration, development and commercialization of mineral resources and Seabulk brings expertise in the area of engineering and development of ports and dry bulk shipping solutions.
Seabulk Systems Inc specializes in providing bulk transportation logistic solutions. Through a process of value engineering, it develops innovative and cost effective materials handling systems for ports, mines, quarries, shippers and ship operators.
Adriana Resources Inc is a mineral exploration and development company with advanced and early staged mineral projects in Brazil, Finland and Canada.
