20 March 2012
SITE PREPARATION BEGINS IN CAPE VERDE
FOR WRG ASWRO SYSTEM
Water Resources Group Ltd (ASX: WRG: US:
OTC-WTRSY) is pleased to announce that site
preparation has commenced in Cape Verde in support of the
Water Offtake Agreement between the Municipality of Santa
Catarina and Blue Aquifer LDA, WRG's 49% owned joint venture
company.
WRG related entities worked with representatives from
Catalana de Perforacions (Spain) to conduct reconnaissance
for seawater intake and brine discharge sites around the
island of Santiago in Cape Verde. Investigations including
underwater surveys, water and sediment samples in conjunction
with the measurement of key parameters for the intake and
outfall design process were conducted.
Preparations were made for the next phase of the geotechnical
investigation which will include marine geophysical mapping
and investigation of the sub-bottom geology to enable the
installation of a Neodren® infiltration system.
The Water Offtake Agreement, signed by the President of the
Municipal Council of Santa Catarina and announced in January
2012, is for the supply of 4,000 cubic metres of water per
day as an initial requirement with the provision that this
could be increased in the near term. The Contract calls for
Blue Aquifer to supply potable water to Santa Catarina for a
term of 25 years, a contract worth at least
USD95,000,000.
For further information contact:
Brian Harcourt, CEO. Australia +61 423 555 885
USA +1-916-990-5995
About Water Resources Group:
• Water Resources Group (WRG) is an Australian company
providing advanced, low-cost chemical-free, community based
water desalination systems to global customers
• US operations are based in El Dorado Hills, California
• Unlike large scale desal projects such as the United Arab
Emirates' Jebel Ali Facility, or the nearly completed
Wonthaggi System in Victoria, Australia which produce more
than 200,000 cubic metres per day, WRG's commercial focus is
on 4,000-60,000 cubic metres per day facilities to service
small towns and other centres such as mine sites, resorts and
islands
• The Company's Advanced Seawater Reverse Osmosis (ASWRO)
system is modular, meaning that it is possible to expand via
the number of plants provided to municipalities and other
customers as their needs expand
• WRG pursues contracts in partnership with prestigious local
bodies in targeted countries, holding 49% of these
partnerships
distributed by | This press release was issued by Water Resources Group Limited and was initially posted at http://www.waterresourcesgroup.com/IRM/Company/ShowPage.aspx/PDFs/1028-42545612/SitePreparationbegin sinCapeVerde . It was distributed, unedited and unaltered, by noodls on 2012-03-20 03:12:03 AM. The issuer is solely responsible for the accuracy of the information contained therein. |