Hey IDC Holders
While we wait for the IndoChine Mining PFS Report over the next 4 weeks, here is a link at the bottom of this post of the Madison Minerals' Mt Kare PFS/Engineering Study circa 2007!
One of the many advantages we have with the Mt Kare project apart from the multiple bonanza grade gold and silver results from the last 10 years + of drilling is that there has already been an engineering study/PFS completed by the previous explorers at Mt Kare!
There are some cracking Bonanza Gold drilling results in there!
443 grams per ton of gold + 163grams per ton of silver for 20.5metres is just one of them!
Madison Minerals had signed on Snowden Engineering to complete the engineering study back in 2007!
Some very exciting results and it was a viable and profitable gold/silver mine with the price of gold sitting at $500/Oz and Silver at $7/oz!
Imagine how profitable it is now with the price of gold at $1670/oz and Silver at $30/Oz, and both precious metals are expected to break new record high!
Cheers Nectar
http://sec.edgar-online.com/buffalo-gold-ltd/6-k-report-of-foreign-issuer/2007/08/13/section3.aspx
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