new 3 high grade zones drill targets

This is fresh from the oven :)

Exploration Update on High Grade Zones
on Indochine’s Mt Kare Gold/Silver Project, PNG

Three high grade zones have been identified for detailed drilling in a recent review of activities by an experienced
consultant at Indochine Mining’s (ASX:IDC) Mt Kare gold/silver project, in Papua New Guinea (PNG).
Data Review – High Grade Zones
The consultant, Tony Burgess, was the Senior Resource Geologist and Competent Person for Resource Definition at the
nearby Porgera mine during a period of multi-million ounce discoveries by focusing on high grade zones. Mr Burgess
conducted a recent 3 week data review of historical and recent drilling at Mt Kare, including a detailed site visit,
designed to focus the future drilling programme.
He has identified three high grade zones with potential extensions at depth and along strike, in a report just tabled with
the Board. Mr Burgess believes the high grade zones are "bonanza gold occurrences” with “an identical signature to the
‘bonanza’ quartz roscoelite zones at Porgera” which includes Zone VII (5.1Moz at 27g/t Au in 5.8Mt, historically).
A considerably improved geological model is being prepared which will drive the drill targeting, defined by the on site
team and Mr Burgess, including new areas not adjacent to current mineralisation. The confidence in the resource
potential is driven not solely by the presence and extent of the quartz roscoelite mineralisation, but also by the similar
style and age of intrusive rocks, similar host rocks, and a similar structural setting.
"The company engaged Mr Burgess because of his unique experience and insight. His report has provided support to
the Board and management for their long-held view of the significant upside that exists at Mt Kare", the CEO Stephen
Promnitz said.
Potential New Discovery – Drillhole 175SD12
Visible gold had been identified intermittently over 33m of drillcore in a new prospect, in drillhole 175SD12,
approximately 1 kilometre south of the current resource. Assay results returned did not produce a significant gold
mineralised interval for reporting purposes. This is a problem that is not uncommon when sampling particulate gold.
However, the nature of the drillhole still indicates further drilling is required to assess the potential target.
Stephen Promnitz, Chief Executive Officer, Indochine Mining Limited
Company: Media:
Indochine Mining - Stephen Promnitz, CEO FCR - Rob Williams
[email protected] +61 2 8246 7007 +61 2 8264 1003 / +61 468 999 369
Anthony W. Burgess, a qualified consultant for Indochine Mining Ltd, is a member of the Australasian Institute of Mining and
Metallurgy and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and
to the activity undertaken, being reported herein as Exploration Results, to qualify as a Competent Person as defined in the
2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC
Code, 2004 Edition). Anthony W. Burgess has consented to the public reporting of these statements and results and the form
and context in which they appear.