Hey Guys
After reading Snouty's post about IndoChine's "Discovery of the Year Award last week, its important we look back at some of IDC's announcements to see where we are heading.
July 2011 Video Investorium Presentation
http://www.youtube.com/watch?v=mDPDhTStbgg
February 2012 Video RIU Explorers Conference Presentation
http://www.indochinemining.com/investors/presentations
(Click on Link: to livecast of Stephen Promnitz presenting the IDC Update presentation at RIU Explorers Conference - February 2012)
Achievements to Date:
1. On ASX for only 16 Months
2. Winner of "Discovery of the Year Award" Mines and Money Conference - HK March 2012
3. We have 365 Drill Holes drilled by Previous Owner Buffalo Gold Over 10 Years.
4. JORC Resource 2.1Million Ounces (700,000 Ounces in Indicated Category)
5. Landowners own 19% of IndoChine Shares. Want to see gold mine started!
6. $10.4Million in Cash
7. High Grade Drilling Results from Buffalo to use to duplicate.
8. High Grade Duplication Drilling Announcements expected soon.
9. PFS Study half way completed. August 2012 completion date.
10. PFS Report Update to be released soon.
11. Possible JORC Upgrade by August 2012
12. Experienced Geos (XStrata, Barrick Gold), and Project Managers Head Hunted to bring Mt Kare gold mine to life.
13. Tightly held share registry. 80% of the shares held by Top 20 Shareholders
14. 2.1Million Ounce JORC Resource drilled by Buffalo, and drill bits only go down 350metres. Gold Mines in PNG go down 1km! Look at the comparison with Porgera. Mt Kare starts 500m higher than the 30million ounce Porgera gold mine!
Now lets have a look at these diagrams and maps from Updates and Announcements by IndoChine!
Duplicating High Grade Drilling. IDC's Green holes are duplicating Buffalo's Blue Holes in this High Grade Zone on Mt Kare.
Buffalo Gold cross section of Mt Kare. Incredible Gold Results.
30Million Ounce Sister Mountain at Porgera has the same Rocks/Geology as Mt Kare.
Previous High Grade Drilling Result by Buffalo Gold at Mt Kare.
Check out Management, Board, Geos and Project Managers...
Timeline of Milestone events for 2012.
Cheers Nectar
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