Introduction
Indochine Mining Limited (ASX:IDC) is an ASX-listed Asia/Pacific focused, gold and silver explorer/developer.
Papua New Guinea (PNG) has the world's heaviest concentration of world class gold and copper deposits. Indochine owns a major JORC - compliant gold resource at Mt Kare with 1.8 million ounces gold plus silver currently undergoing a feasibility study (PFS). The project has the potential to catapult the company into producer status within three years. Importantly, the deposit is located 15 km from the world-class Porgera gold mine, and has a similar geological setting, which shows the potential for resource growth.
In Cambodia, (IDC) has the largest mining property holding in a country that has had very limited modern exploration, and is within a region known for large gold and copper deposits.
In Laos, the company has a range of applications lodged over areas with gold exploration potential.
Highlights
Scale
- Large gold silver +/- copper projects in under explored regions
- Strategic holdings and 100% ownership
Growth
- Major Gold resources with potential for growth
- PFS underway in PNG
- Potential for significant new discoveries in PNG and Cambodia
Expertise
- First Mover advantage in Cambodia
- Management with extensive in country experience
- Backed by some of the world's largest Resource funds
Mission Statement
To deveop PNG's next gold mine and create significant shareholder value as Asia/Pacific's next gold producer.
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