CEO Presentation to the Shareholders
Sydney, Nov 19, 2013 AEST (ABN Newswire) - Indochine Mining Limited (ASX:IDC) CEOs Presentation to the Shareholders.
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
Contact
Indochine Mining Limited
T: +61-2-8246-7007
F: +61-2-8246-7005
WWW: www.indochinemining.com
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