IDC Explanatory Notes to Resource Update Mt Kare
The total Mineral Resource is estimated at 42.5 million tonnes (Mt) at 1.54 g/t gold (Au) and 13.5 g/t silver (Ag) for 2.11 million ounces (Moz) gold, 18.4 Moz silver, or 2.45 Moz gold equivalent(1), a 20% increase in gold ounces compared with the prior 2011 resource estimate (Table 1).
The higher confidence Measured and Indicated Resource categories have increased to 28.4 Mt grading 1.68 g/t Au and 17.2 g/t Ag for a total of 1.53 Moz gold, 15.7 Moz silver, or 1.82 Moz gold equivalent(1), a 120% increase in gold ounces compared with the Indicated category in the prior 2011 resource estimate.
To view full explanatory notes, please visit:
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.
Indochine Mining Limited