indochine mining video-geneva precious metals

Hey IDC Holders

Here is a post for any new investor who may have read the article in the Age or Sydney Morning Herald about
IndoChine Mining.

The link below is a webcast of the presentation that Mr Promnitz gave in Geneva, Switzerland, last month at the Precious Metals Conference presenting to large institutions!

Probably the best way to get a clear picture of this gold mining project is to click on the link and watch the presentation while Mr Promnitz explains it more detail.

http://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2012/04/13/indochine-mining-limited/play/stream/4519

He mentions a few New Items in his preso below that are incredibly exciting.

Worth a listen if you have time:

1. Gold Production within 3 yrs, including early small scale 150k ounce per annum prodn.

2. Mid Term Production using different mining/extraction technique that Porgera due to the very high grades of gold and silver near the surface at Mt Kare.
This would allow them to start working on mine construction March-June next year for a small scale mine 150,000 ounces per annum.

This would take around 6-9 months to complete. Then after 3 years they would commence a large scale gold prod’n.

3. Metallurgical report will be released around PFS because they seem to get finding much higher grades of silver with their duplicating holes, which would 1. Reduce the cash cost of mining the gold. 2. Lift the resource of the silver in the deposit.

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4. Quality and grade of silver could be high enough to pay for the entire gold production. EG $1650/Oz Gold Price Zero Cash Cost after Silver Credits!

THIS COULD BE A GAME CHANGER! NPV WOULD LAUNCH UNDER THIS EXPECTED SCENARIO OF SILVER CREDITS PAYING FOR GOLD PRODN!

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5. 3500m of duplicated drilling has just been finished and will commence announcements.

Then Promnitz states that once they release the PFS they will lift the JORC resource so that they get $100/Oz instead of $30/Oz increase in the mkt cap!

7. He states that they have enough cash for the PFS at $10.8million with this recent issuing of shares to the big institutions.

8. Also mentions that he has had a lot of enquiries from funds and brokers about Mt Kare since their first of the high grade drilling announcements in early April.

No wonder the big institutions like BlackRock, BakerSteel etc have loaded up in IndoChine and are our major shareholders.

BTW - We also won the Discovery of the Year Award in Hong Kong in April 2012. :)

Cheers Nectar