Jacobs Receives Contract from Northcliff for Sisson Tungsten Mine

06/04/2014

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded the Value and Basic Engineering Contract for the Sisson Tungsten-Molybdenum Project in New Brunswick, Canada, which is majority owned and operated by Northcliff Resources Ltd. (TSX:NCF).

Company officials did not disclose the contract value.

Under the terms of the contract, Jacobs is providing planning and engineering services for the plant and associated site infrastructure of the proposed mine project, which is expected to advance from the value and basic engineering phase to the detailed engineering phase in early 2015.

In making the announcement, Jacobs Group Vice President Terry Hagen stated, “We are pleased to use our significant experience in mine engineering and construction and our strong presence in New Brunswick to support Northcliff on the Sisson Tungsten project.”

Jacobs is one of the world's largest and most diverse providers of technical professional and construction services.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2013 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Michelle Jones, 626.578.6968

Statements that are not based on historical fact are forward-looking statements.   Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain.  We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements.

For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2009 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We caution readers that we do not undertake to update any forward-looking.