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De Beers Canada - Snap Lake Mine Project
Sale Features $30 Million in Underground and Surface Mining Equipment as well as Extensive New Inventory TCL Asset Group Inc., today announced the sale of high-value surplus assets from the De Beers Canada Inc. Snap Lake diamond mine, which is currently in extended care and maintenance. Information about the sale can be found on the TCL website This sale features surplus underground and surface mining equipment, construction equipment and new inventory such as tires, wires and cables, transformers, substations and underground mining consumables located at two locations in Yellowknife, Northwest Territories. Major assets are offered by negotiated sale today through July 31, 2017. All other assets will be offered for sale during a two-day webcast auction, which will be held during the week of August 1st, 2017. Specific assets available include: •Komatsu haul trucks, wheel loaders, excavators and bulldozers •Sandvik rock drills, bolters and scooptrams •Getman articulated vehicles •Mine Cat and Toyota utility trucks •SkyTrak telehandlers •Bridgestone, Firestone and Michelin tires •UEE/Delta substations and transformers "This sale is a highly significant event as it not only gives buyers the opportunity to acquire high-quality underground and surface mining equipment from a major global mining company, but also includes an unprecedented volume of brand new equipment parts and consumables." - Terrance Jacobs, CEO of TCL Asset Group Inc. To learn more about this auction, please contact Terrance Jacobs, CEO of TCL Asset Group Inc., at or 416-736-1367

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