# Capital awarded ~$35M drilling contract with Nevada Gold Mines

Capital has been awarded a three-year drilling services contract with Nevada Gold Mines in the US, expected to generate annualized revenues of circa $35 million once fully operational from 2025.

- Type: Contract
- Announced: 2023-09-20
- Where: Nevada, United States
- Value: $35.0M
- Status: announced
- Products: drilling services (diamond, reverse circulation)
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Capital Limited](https://endata.com/companies/51584.md)
- [Nevada Gold Mines](https://endata.com/companies/41574.md) (customer)

## Sources

- [im-mining.com](https://im-mining.com/2023/09/20/capital-books-35-million-drilling-services-contract-with-nevada-gold-mines/), 2023-09-20: "Capital has announced the award of a material drilling contract in Nevada with Nevada Gold Mines and associated rig purchases"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.