Hey IDC Holders
This just came up on a google alert! On top of the bonanza gold grades we are seeing from near the surface,
The latest drill hole looks like the gold grades are richening the deeper we are heading into Mt Kare! Enjoy the read!
Cheers Nectar
High grade run sustained
http://www.pngindustrynews.net/storyview.asp?storyid=9636257
Wednesday, 29 August 2012
WITH the prefeasibility for its Mount Kare gold and silver project due in a month, Indochine Mining is continuing to unveil high grade assay results which most recently include a 5m intersection at 7.4 grams per tonne gold.
Image courtesy of Indochine.
The interval started at a depth of 91m and was further down the hole which previously yielded a 78m intersection at 6gpt gold which started just 6m from the surface.
There was also the new result of a 1m interval at 20.3gpt gold at 116m down the hole.
A separate hole struck a 7m intersection at 2.6gpt gold along with 51gpt silver from a depth of 15m.
More results are expected for this hole but it also had a 3m intersection at 10gpt gold from a depth of 178m.
The explorer said results from 38 more holes were pending and due for release in coming months.
Click here to read the rest of today's news stories.
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