IDC indochine mining limited

idc november goldpreso jorcupgrade next 21days

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    Hey Guys

    Stumbled on an update from IndoCHine as at November 2011!



    Still on target for the Canadian NI43-101 Conversion and Upgrade to Australian Compliant JORC for the Mt Kare Gold Upgrade end of 2011! Since Christmas is 4 weeks away, you would expect this Maiden JORC Resource and Upgrade to occur sometime in the next 21 days!

    AND a second upgrade in May 2012!!!

    Remember what Mr Promnitz said about Market Capitalisation of small gold explorers sitting around $135/Oz, our current market cap is valuing our 2million Oz at only $35/Oz Resource.

    Going to be a fantastic Christmas!!!




    The May 2012 Upgrade must arise from the current drilling program which is about half way completed.

    They expect to announce multiple drilling results between January 2012 and April 2012 once this initial JORC conversion and upgrade is announced! These will provide the market positive news to ensure more eyes land on IDC!




    A bit of history included about Mt Kare's Alluvial Gold Rush 23 years ago!




    Also a photo and outline of the gold resources, for current and future drilling programs at Mt Kare!




    And lets not forget Cambodia! This is a longer term project, neverless, provides the opportunity for additional JORC Resources in 18-24months time!



    Here is the URL of the Presentation as a PDF.

    http://www.symposium.net.au/files/4ec5892a69b08.pdf

    Cheers Nectar
 
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