IDC indochine mining limited

News: Indochine Mining to reveal more on capital raising, page-6

  1. 2,622 Posts.
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    Hi Kiwi

    If you read the announcement above, if IDC does list on the London Stock Exchange, it would be dual listed, both on the ASX and London Stock Exchange.

    Looking at this announcement from the 30th of October, Brian Rodan has finished the Access Track and his equipment is already PNG at Hagen about 20km away from Mt Kare.





    Once the company finalises the funding for the Adit, they plan on an aggressive construction timeline of the adit/drilling of the Bonanza Gold Zones and Jewellery Boxes and deep into Mt Kare.




    Brian Rodan and ACM completed the Ground Proofing of the Access Track.

    I only just noticed this, but the paragraph under Proposed 2015 Resource Drilling Program says that they are going to collect geotechnical information for both an Underground (ADIT) and Open Pit. We need to keep our eyes out for this Open Pit. It could allow for an increase in ounces produced.





    From the page above, the ADIT opening will start South of the Current Resource, head directly over the Dilation Jog that Created these Bonanza Gold Zones, caressing the Bonanza Gold Zones WRZ North and WRZ South, so it makes it easy to fan drill and "chase these Gold Zones down dip".

    Then we have the MOTHER HOLE!!! 700+metre deep hole from the BZ Zone, the Black Zone. It is called the Black Zone because it the Bonanza Gold here is surrounded by Black Carbonate material. (Read Keith Goode's research on Mt Kare)

    You can see the incredible Gold Grades from this BZ Zone, and how it thickens from 60metres near surface to over 200metres thick 100metres beneath the surface!



    We all rave on about the WRZ North and South Zones, but the Gold Grades in the BZ Zone (Far Right Column shows the zone the gold/silver cores came from), see below are equally incredible!




    Below is a zoomed out side profile of Mt Kare and Porgera. You can see how 700metre deep this drill hole will be at the BZ Zone into Mt Kare.

    They will drill the Mother Hole deep, then horizontal drill the Daughter holes to find the Bonanza Gold Zones at the Top, Duplicated at Depth, created by these Dilation Jogs, inside this Volcano of Gold and Silver! As well as finding the Magma chamber!





    Remember the previous announcements? Chasing the Bonanza Gold Down Dip eg flecture? Where the Gold bends down.........that is where Dr Tony "Bonanza Gold Bandit" Burgess found more and more bonanza gold zones and jewellery boxes at Porgera 16Million Oz of Bonanza Gold at Porgera in the exact same bonanza gold zones and jewellery boxes at Mt Kare has!



    Cheers Nectar
 
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