Indochine Mining Limited (ASX:IDC) has announced further gold results from drilling on the Mt Kare Gold/Silver project in PNG. This announcement includes the results of three holes in the high grade Western Roscoelite Zone (WRZ), with mineralised extensions to previous results.
Drill results with gold mineralisation continue at Indochine Mining's (ASX:IDC) gold/silver project at Mt Kare, in Papua New Guinea (PNG). Recent best results returned recently.
Indochine Mining Limited (ASX:IDC) has announced a private placement to raise $9,834,000 through the issue of 81,949,998 new IDC shares at $0.12 per share. The placement closed on 3 August 2012 with the placement finalised and shares allotted on 10 August 2012.
Further wide intercepts of gold mineralisation continue to be returned from diamond core drilling at Indochine Mining's (ASX:IDC) gold/silver project at Mt Kare, in Papua New Guinea (PNG).
Indochine Mining (ASX:IDC) has completed a capital raising of $9.8 million at 12 cents per share, via a private placement of 81,949,998 new IDC shares with new institutional and sophisticated investors, supported by some of the company's largest institutional shareholders maintaining their position.
Visible gold has been identified intermittently over 33 metres of drill core in a new prospect, approximately 1 kilometre south of the current resource, at Indochine Mining's (ASX:IDC) Mt Kare project, in Papua New Guinea (PNG).
High grade gold results in the current drilling programme continue to be produced at Indochine Mining's (ASX:IDC) gold/silver project at Mt Kare, in Papua New Guinea (PNG).
