Hey IDC HoldersLooks like IndoChine Mining has announced a...

Hey IDC Holders

Looks like IndoChine Mining has announced a $14Million Cap Raising to Broking Firms and Institutional Holders....not the public! :) Why?

In these economic times, when Institutional Investors, continually invest into IndoChine Mining, and now Broking Firms have got on Board after yesterday's Gold Symposium presentation, they know we are not far away from company making events as per the mining life cycle of a mine developer. We are in the Value Creation Phase.

$14Million raised and 94Million Shares issued which will give IndoChine Mining the cash to accelerate drilling in these 3 new "Porgera Zone VII" Bonanza Zones we have a Mt Kare, as well as high grade gold below the current resource!

Mr Promntiz presentation at Gold Symposium which was held yesterday in Sydney yesterday is highlighting the fact that IndoChine is about to launch head first into the value creation phase for a small cap mine developer.

Mt Kare "The Sleeping Giant" is about to be awaken!

We have the BFS commencing next months, JORC Gold Silver Upgrade and 31 drill hole announcements to come!

We also have the 3 New Bonanza Gold Zones that are identical to Porgera's legendary Zone VII Zones that will be targeted to be drilled with this $14Million!

Hal will be able to better explain the geology but looking at these new geological maps we are looking at the same geological event that created Porgera's 28Million Oz monster gold mine created IndoChine Mining's Mt Kare.

The targets circled in purple in this new image, are the new targets David Meade, Tony "Baby John" Burgess will target in the next phase of drilling.

We need to remember that Tony "Baby John" Burgess found 10Million Ounces of Gold at Porgera, and Zone VII a small patch of high grade gold 500metresx40metresx50metres equaled 6Million Ounces JORC!

That little zone alone would be the second biggest gold deposit on the ASX! We have 3 Zones that are identical to Zone VII! And the best geos who know the landscape very very well drilling it!

Not only do we have the 3 New Bonanza Zones, but David will be targeting new gold deposits beneath the current resource!

Again this will lift the resource even further from the 2.1Million Ounces of Gold/Silver!

And as you lift the resource you lift your annual production and exponentially increase you annual profit and share price!

This is why Brokers have just come on board and why Instos continue to hoard more and more IDC shares, rather than let them go to the public!

Why has everyone jumped on board in a big way in the last 4 months?

George Niuamataiwalu and his team have been able to achieve a milestone event in the last 4-8 weeks which allowed the PFS to be completed.

They have completed the Landowner Investigation Study as per PNG Law!

No other mine in PNG has ever done this. A significant milestone and why Mt Kare wasn't already mined out 20 Years ago when CRA (RIO) owned it!

At the end of the day, the increase in the JORC gold resource, drilling of the 3 bonanza gold zones, Gold Reserve Release, BFS completion, Mining lease applications, will far outweigh the recent issue of 94million shares to brokers and instos.

Cheers Nectar