IDC indochine mining limited

mt kare completes milestone landowner study

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    Hey IDC Holders

    Another Milestone Achievement has been completed by IndoCHine Mining on Friday the 14th of September!

    This popped up on Larry Page's Google! Might explain why Leopard has been so active on HC last few days...:)

    Mr Aiyange, who is the Head of the Mount Kare Landowner Trust released a public statement below!

    The one thing that has stopped the Mt Kare multi million ounce gold and silver project from already being an operating mine was the landowner issues!

    The completion of this study opens to the door to the PFS, BFS, Mining Leases and Full operation of the Mine in the coming 12-18 months.

    Only 9 Business Days to PFS!

    And it is all happening just as the price of gold is about to break $2000/Oz before the end of this year!

    An exceptional effort by Mr Promnitz and his Team at PNG, especially George with regards to this part of the project.

    Grab a coffee and enjoy the read!

    I like the sound of "He said that the Mt Kare Gold Project Landowners are happy to support the Indochine Mining Ltd for accommodating landowners’ grievances and every decision is executed upon mutual understanding with landowners and this is something new, an eye opener, rare and special to us and will not hesitate to recommend granting Special Mining Lease(SML) or ML EL1093 License."

    Some very very positive comments by the people that really matter at Mt Kare, the landowners and locals.

    We should take special note of the last sentence, a comment made by Mr Aiyange that we should all remember. Ironic how it applies to HC!

    Cheers Nectar


    http://www.postcourier.com.pg/20120914/business03.htm


    Mount Kare completes study


    MOUNT Kare Landowner Umbrella Company Head Trustee Corporation Limited Chairman Andrias Aiyange praised the Indochine Mining Limited for successfully facilitating

    the Land Investigation Study (LIS) as required by the Lands Act to indentify the legitimate customary landowners of the Exploration license (EL) 1039 Mt Kare gold project.

    Mr Aiyange also thanked the Indochine Mining Limited Country Manager George R.L Niumataiwalu for the way-forward-approach taken to settle controversial landownership issues which is predominantly a bench mark achievement and is visually guaranteed security and paved-way for potential investors to invest in the gold mine project.

    He said that all landowners whose genealogy relates to EL1093 Mt Kare gold project must make them known to the Summit Development Limited (SDL) a subsidiary of Head Trustee Corporation Limited and be included in the LIS before the end of this month so that they can be entitle to the benefits.

    According to Mr Aiyange the company is also planning to conduct a landowner boundary survey upon completion of the LIS interview information collected report and the demarcation of the land will put to rest unscrupulous landowners and will instill law and order abiding community within the project area.

    He said that the Mt Kare Gold Project Landowners are happy to support the Indochine Mining Ltd for accommodating landowners’ grievances and every decision is executed upon mutual understanding with landowners and this is something new, an eye opener, rare and special to us and will not hesitate to recommend granting Special Mining Lease(SML) or ML EL1093 License.


 
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