IDC 0.00% 0.0¢ indochine mining limited

indochine-outstanding gold assays [email protected]/t

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    Hey IDC Holders

    Another drill hole and again another exceptional gold assay result!!!

    53.9metres @ 8.25 grams per tonne of gold AND 17.9 grams per tonne of silver!

    Remember that with the current price of gold 0.2 grams per tonne is profitable.....the silver is on top of this!

    David Meade and the XStrata Drill team are finding outstanding gold results in every drill hole they analyse.

    We have the PFS which will be completed in 4 weeks, then presented to the PNG authorities by mid September then released to the market before September 28th.

    We also have more drill results to come, another 40 holes are being assay fired and analysed by the labs in WA.



    The combination of Bonanza 100+grams per tonne of gold for 10-20metres + 300-600 grams per tonne of silver, previously announced, coupled with deep 50-60metre high grade intercepts of 8+grams per tonne of gold, IMHO, will lead to a very good JORC upgrade after the PFS is released.



    67,000 metres of drilling.......Same gold results as Porgera.......which is a 28million ounce deposit....... Think about it.

    With the BFS drilling completed by the end of this month, what we can expect to see is the following:

    1. Total JORC Increase
    2. Quality of JORC Increase eg

    a) Maiden Gold and Silver Resource in Reserve/Measured JORC Category
    b) Increase in Indicated JORC Category from Current 700,000 ounces
    c) Increase in Inferred JORC Category from Current 1.4million ounces

    Remember Mr Promnitz' presentation at Geneva in April and a month later BlackRock and Baker Steel increased their investment into IndoCHine to become Major shareholders holding 9.1% and 10.5% respectively....enjoy the show below.

    Listen out for the comment...."if we don't double or triple the resource at Mt Kare being next door to a 28 million ounce gold deposit, then we aren't doing our jobs as geologists......." If we do indeed end up tripling our JORC Resource to 6.3million ounces with this recently completed drilling, then we will have the second biggest gold/silver deposit on the ASX.....and explains why BlackRock, BHP's biggest shareholder is our major investor......

    1. April 2012 Geneva Switzerland - Precious Metals Conference

    (30 Days after this presentation, BlackRock and Baker Steel increased their investment in IndoChine Mining to more than 9% of the IndoChine Shareholder Registry each)

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


    Drill Hole 132SD12 shows 53metres of gold and silver with exceptional grades for such depth! The intercept equates to a 20 story building in height, with pending assays to come from this same drill hole below the current gold and silver pit.....:)

    Drill Hole 133SD12 again shows another hole with 52metres @ 6.74 grams per tonne of gold + 23 grams per tone of gold and within that 20 story intercept 35 metres @ 8.15 grams per tonne + 18.7 grams per tonne of silver!


    You can see the pit shell of the current 67,000 metres of drilling. When we get the pending assays below this current high grade pit shell we will get a very good indication of the quality of the gold and silver at depth......:)



    THIS IS WHAT ITS ALL ABOUT!!! WHEN YOU CAN SEE THE PHYSICAL GOLD IN A PORPHERY DEPOSIT YOU KNOW IT IS EXCEPTIONAL GRADE!

    We are not talking here about gold veins that are small in width but high grade like South Africa, Victoria, NSW and Brazil, we are talking about a mass of dirt with gold sprinkled all around and deep inside the Earth.

    We are sitting on a very different animal here!



    Below are all of IndoChine's Drill holes that the labs has completed. The figures in green show how deep from the surface the gold and silver intercept starts, the figures in the blue shows the length of the drill hole that returned the bonanza gold grades and silver grades in the yellow and silver highlighted areas.

    A magnificent blend of Bonanza good intercepts and Exceptional deep intercept gold and silver grades, IMHO ensures we are set for some very strong rerating events by Institutional Funds in the coming months.

    For a bit of fun, try and find any other gold explorer or gold miner with bonanza grades of gold and silver with the intercepts, like our Mt Kare!




    Bring on the additional drilling results, PFS release, confirmation if we do have a zero cash cost producing gold mine, JORC Upgrade and most importantly rerating!

    Cheers Nectar
 
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