png news , page-4

Exactlty......................
Identical to Porgera which had some twenty five years of prior exploration and geological modelling before a mine was commissioned.
The weird irony at Kare is that it had 15 years of exploratin by Canadians who tend to mine the share market rather than the resource.
They only drilled the obvious and failed to properly define the sourse of the mineralization.
This is what IDC has subsequentlyone.
Full marks to them, they wil be sitting on a project of 4-5 million oz in the future.
Consequently, for its two million oz it is considered as having huge potential for increases in resources and has barely been explored.
The land owner issues are pretty much (99.9%)sorted, not really an issue at all.
Management has been purpose built and is excellent for this project.
This is a big year for IDC.
They will complete the BFS and sort out permitting, construction, commissioning of the project, starting 2014.