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The original contract, which was announced in March 2008, was for a minimum of 6,000 metres of drilling.
The company currently has four drills on its project with Minera Petaquilla S.A., with a fifth drill being mobilised from Canada.
Cabo said, that in addition to the further 14,000 metres of drilling, the company will supply all of the labour required for site preparation and helicopter support.
Financial details were not available.
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