Indochine Mining Limited (
Major Growth expected
- Similar to adjoining 28M oz Porgera gold mine; richly endowed gold belt
- Porgera started as a high grade underground mine from an adit
- Porgera produced 17Moz at >500,000 oz/yr; 12Moz resource remains
Rare Valuable Asset
- Project desirable due to low anticipated operating costs & growth
- Grades maybe higher than 10g/t Au; Rare asset, grades in few global mines
Key Risk Issues Diminished
- Considerable technical work (77,000m, 464 holes); 73% resource in M&I
- Partnered with experts: underground mining & process plant design/build
- Deep engagement with local communities; Government support
- Adjacent to major infrastructure; experienced mining jurisdiction
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-IDC-768478.pdf
About Indochine Mining Limited
Indochine Mining Limited (ASX:IDC) is a gold-copper exploration and development company. In Cambodia, it has the largest mining property holding in a country that has had very limited modern exploration, and is within a region known for world-class gold and copper deposits.
In Papua New Guinea (PNG), also known for large gold and copper deposits, Indochine holds an option over a major gold resource at Mt Kare. In Laos, potential exploration areas are being evaluated.
Contact
Indochine Mining LimitedT: +61-2-8246-7007
F: +61-2-8246-7005
WWW: www.indochinemining.com
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