Hey Fellow IDC Holders
Don’t let the share price movement affect your decision making process.
We need to continually look at the project, previous drilling, and IndoChine’s achievements to date.
Very impressive indeed!
IndoChine’s labs have only released 2 drill hole assays out of the 23 drill holes that IndoChine is working on. We have another 21 drill holes to go over the next two months.
These two drill holes were excellent high grade good intercept results!
IDC's Drill Hole 123SD11 - 36 metres deep at an average grade of 6.2grams of gold and 232 grams of silver.
This validates Buffalo's drill hole which returned 34metres at 7.2grams of gold and 139grams of silver per tonne of dirt!
Remember, IndoChine knows exactly where to drill, because the high grade drilling results they are using are Buffalo’s!
Now look at the two drill holes that were announced. These are duplicating "lower grade/shorter length" drill holes that were done by Buffalo. Still these drill holes are amazing, and compare them to small cap gold explorers and developers, they definitely rate amongst the best of them!
By using Buffalo's previous "bonanza" results, we know what to expect in the next couple of months!
IndoChine isn't flying blind, they know exactly what they are doing!
These Bonanza Gold results are the assay results that are currently being drilled or already at the labs that we need to keep an eye on! This map generated by Falcon Drilling/Engineering on behalf of Buffalo clearly shows incredible Bonanza Gold Grades! :)
THESE ARE THE BONANZA RESULTS WHERE MT KARE WILL LEAVE OTHER MINES BEHIND!
How many gold mine development projects do you know of that can boast drilling results like these? If you know of any, please post! :)
If you look at the map below, you can see the two drill holes that were announced today. With another 21 coming in the next couple of months!
Remember that the Western Roscoelite Zone (WRZ) is where 52% of the 2.1million ounces of JORC Gold sits! Only a short hole was duplicated. The rest (the bonanza results) are still at the labs getting analysed!
If you look at the cross section drilling of the WRZ Mt Kare below, you can see only 1 hole was drilled 126SD12, duplicating a good 10metres of 4,4grams of tonne of gold!
They have a heap of drilling to come from there as well as the PFS Report, which will provide the necessary Cash Costs and Capex info so we can begin working on a NPV for
IndoChine!
These labs need time to calculate validate the current drilling program. I suppose we just need to give IndoChine geos, project managers and senior management time to bring the Mt Kare mine to life!
What we need to see now is the PFS Report with additional drilling results in the next fortnight!
Keep up the Good Work - IndoChine!
Cheers Nectar
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