We still have the 23 drill holes with these incredible silver grades from drilling from late last year to be released between now and January 31st 2013.
Cheers Nectar
The reason why it is so exciting that gold with such high grades is being found 180metres deep into Mt Kare, is that the drilling to date has only gone down 300-350metres, yet our Brother Mountain the 28Million Oz Porgera does down 1000metres and Porgera sits 500metres below Mt Kare....we still havent reached the top of Porgera with our drill bits.
The Bonanza Drilling that has just started in the NEW BONANZA ZONE IN THE WRZ is pictured below. Dr Burgess will be drilling this area.
We are set for an incredible time with IndoCHine Mining over the next weeks and months.
Remember the articles where Mr Promnitz' has been quoted as saying these 3 New Bonanza Zones that Dr Burgess identified as being the same identical signature to Porgera's legendary Zone VII are small but could yield over 1Million Ounces Each! We won't know until we drill them.
Have a look at the two images of the gold mineralisation.
One Photo is from Porgera's legendary Zone VII Bonanza Zone with Quartz Roscolite and the other is from Mt Kare's Bonanza Zone.....same green Quartz Roscolite with gold in it.....
Mt Kare Gold
Both Gold Deposits were created during the same volcanic event, actually two different events occured both at Porgera and Mt Kare.
One is the older very very deep 1000-1500metres deep of gold mineralisation with high grade 1-5grams per tonne of gold, the other is what sits on Top!
The Green Quartz Roscolite Bonanza Gold and Silver on Porgera and Mt Kare, which is a more recent event. Mr Promnitz explains this in his presentation to the Instos at Geneva that I posted the other day.
Cheers Nectar
IDC Price at posting:
12.4¢ Sentiment: LT Buy Disclosure: Held
