Active Tender — Open for Submissions
Invitation to Tender
Shallow Exploratory Core Drilling
for Phosphate Ore Reserves
Genesis Mining invites qualified, licensed drilling contractors to submit sealed technical and commercial proposals for a phosphate exploration program in Egypt.
Total Volume
4,000 – 5,000 Linear Meters
Boreholes
~165 Vertical Holes
Timeline
40 Calendar Days
Submission Deadline
28 June 2026
01 — Executive Summary
Project Scope & Overview
Conventional Core Drilling methods are employed to optimize operational cost while securing high-quality lithological data for phosphate ore estimation.
Target Commodity
Sedimentary Phosphate Rock
Drilling Method
Conventional Core Drilling
Rigid single / double tube core barrels
Rigid single / double tube core barrels
Average Hole Depth
20 – 30 meters per borehole
Grid Spacing
1,000 m (1 km) regional exploration spacing
Location / Governorate
Dakhla Oasis, New Valley Governorate, Egypt
Clarification Inquiries
Deadline: 21 June 2026
Submission Structure
Envelope A — Technical Proposal & Prequalification Documents · Envelope B — Commercial / Financial Proposal
02 — Technical Specifications
Equipment & Standards
All equipment, methods, and operations must comply with the following requirements throughout the entire project duration.
| Requirement | Specification | Status |
|---|---|---|
| Rig Mobility | Self-propelled Track-mounted (Crawler) or Truck-mounted units strongly preferred to minimize inter-hole relocation time across 1 km grid | Preferred |
| Towed / Skid Units | Acceptable only if Contractor demonstrates dedicated high-capacity support vehicles — no reliance on Company machinery | Conditional |
| Core Diameter | HQ diameter (ideal). Reduction to NQ requires written authorization from Chief Geologist | Mandatory |
| Core Recovery Rate | Minimum 90% within mineralized phosphate zones — strictly mandatory | Mandatory |
| Core Boxes | Durable boxes supplied by Contractor, marked with Hole ID & depth intervals. Cost included in unit rate | Mandatory |
| Water, Fluids & Fuel | Contractor solely responsible for sourcing, procurement, transport, and storage. All costs built into unit rates | Mandatory |
| Site Preparation | Contractor provides wheel loader or equivalent. All costs borne by Contractor | Mandatory |
| Camp & Accommodation | Contractor solely responsible for all accommodation, meals, and personnel transport | Mandatory |
Prequalification Documents (Technical Envelope): Company profile, commercial registration, track record in similar phosphate drilling, equipment list, key personnel CVs (Project Manager, Rig Supervisors, HSE Officer), and proposed 40-day execution schedule.
03 — HSE Requirements
Health, Safety & Environment
Genesis Mining enforces a zero-tolerance policy for safety negligence and environmental degradation.
Occupational Health & Safety
Full compliance with national mining safety frameworks. All crew equipped with PPE. Immediate reporting of all incidents to the Company safety officer.
Waste Management & Spill Prevention
No refuse or hazardous materials left on site. Secondary containment mandatory under all fuel tanks, generators, and rig engines.
Drilling Fluids
All polymers must be environmentally safe. Fluids contained in designated sump pits. Borehole plugging and capping mandatory upon completion.
Site Rehabilitation
Sump pits fully backfilled and leveled before rig demobilization. Violations result in financial deductions or immediate suspension.
04 — Commercial Terms & Pricing
Pricing Structure
All rates must remain fixed for the duration of the contract. The Linear Meter rate must inclusively cover drilling, core extraction, core boxes, water haulage, fuel, polymers, and crew labor.
| # | Description | Unit | Est. Qty |
|---|---|---|---|
| 1.0 | Mobilization & Site Setup — transport of all equipment, personnel, and temporary camp facilities | Lump Sum | 1 |
| 2.0 | Core Drilling — vertical drilling (~20–30 m per hole) | Linear Meter | 4,000 – 5,000 |
| 3.0 | Core Consumables — core extraction, boxes, fuel, and water | Lump Sum | As required |
| 4.0 | Inter-Hole Relocation — complete rig and support assets between nodes ~1 km apart | Per Move | 164 |
| 5.0 | Standby Rate — authorized idle time due to Company delays. Rig must be fully crewed | Hourly Rate | As required |
| 6.0 | Demobilization — final site cleaning, borehole capping, and removal of all machinery | Lump Sum | 1 |
Penalties: 1% per week delay (capped 10%). Core recovery below 90% may result in withheld payment or re-drill. Advance payment 10% against unconditional Bank Guarantee. Retention 5% withheld per invoice. Progress billing processed monthly.
05 — Financial & Standby Terms
Financial Conditions & Paid Standby Terms
Payment framework, advance conditions, retention policy, and circumstances qualifying for paid standby as defined in this ITT.
Advance Payment
10% of contract value, granted against an unconditional Bank Guarantee prior to mobilization.
Progress Billing
Monthly — based on actual drilled and accepted linear meters, certified by the Company's site geologist in signed Daily Drilling Reports (DDRs).
Invoice Settlement
Approved invoices settled within 30 calendar days of certification.
Retention Deduction
5% withheld from each progressive invoice to secure site rehabilitation, core box deliveries, and environmental compliance.
10. Paid Standby Terms
| Clause | Qualifying Condition |
|---|---|
| 10.1 Geological Instruction | Delays in receiving mandatory site-specific technical instructions or approval for core diameter adjustments (e.g., HQ to NQ) from the Company's Chief Geologist. |
| 10.2 Certification Delays | Operational halts caused by the failure of the Company's site personnel to review or sign off on Daily Drilling Reports (DDRs) in a timely manner. |
| 10.3 Force Majeure / Suspension | Any direct, formal orders from the Company to cease all drilling operations at the site. |
Standby rate is only payable for authorized idle time caused by the above Company-side conditions. The rig must be fully crewed and operationally ready during any claimed standby period. All standby claims must be documented and countersigned by the Company's site representative.
Ready to Submit?
Submit Your Quotation
Review all tender requirements carefully before submitting. Ensure your technical and commercial proposals comply fully with this ITT. All rates must remain fixed for the duration of the contract.
By submitting you confirm your proposal complies with all terms of this ITT · Genesis Mining — Mining & Exploration Department