IDC 0.00% 0.0¢ indochine mining limited

idc covered by proactive investors

  1. 2,622 Posts.
    lightbulb Created with Sketch. 1
    Hey IDC Holders

    Happy New Year!

    Grab a coffee (iced coffee maybe??) and enjoy this very interesting research report by Proactive Investors regarding IndoChine Mining's current drilling program that commenced in early December 2012.

    Some very very exciting gold grades that have already been found, will be targeted with closely spaced drilling led by Dr Burgess, the man who found 9Million Oz of Gold in the same Quartz Roscolite Gold Mineralisation that we have but at Porgera back 24 years ago.

    We already have Incredible Bonzanza Drill Holes, the goal now is to find much much more....

    1 Metre Intercept @ 1650 grams per tonne of Gold
    17 Metres Intercept @ 100 grams per tonne of Gold
    21.3 Metres Intercept @ 458 grams per tonne of Gold+ 158 grams per tonne of Silver
    12 Metres Intercept @ 184 grams per tonne of Gold + 74 grams per tonne of Silver



    Again, like with did with SDL GRR TTY we need to closely read the presentations and analysts reports.

    Two paragraphs below that we need to focus are very very exciting!

    "there appears to be a major fault line linking two bonanza zones the Western Roscolite Zone WRZ and the C9 pipe" eg the bonanza gold and silver could be one massive area between WRZ and C9. The current close spaced drilling will be able to guide Dr Burgess to better define this space.

    The second paragraph regarding the C9 Pipe. Dr Burgess believes this could have acted as a conduit for all the bonanza gold and silver to arrive at the surface of Mt Kare!



    The map below shows the C9 Zone in Blue and WRZ in Green which is being targeted now to prove up that it is one single zone of Bonanza Gold and Silver.




    We have 21 drill holes to come over the next 4 weeks, then a JORC Upgrade once this is completed. On top of this we will have updates and news about this current Bonanza Drilling Program that has been under way for the last 3-4 weeks.

    2013 will be a very exciting year for IndoChine Mining....

    Cheers Nectar
 
watchlist Created with Sketch. Add IDC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.