Sydney, July 11, 2011 (ABN Newswire) - Indochine Mining Limited (ASX:IDC) is pleased to announce the completion of a drilling program over the Kratie North gold project in Cambodia. Encouraging mineralisation has been intersected, with initial results expected within two weeks. Two main targets were drill tested at Kratie North, in a 16-hole program (2216 metres) of diamond drill core. Pyrite and pyrrhotite mineralisation was intersected in a number of holes over the first target.
In Papua New Guinea, contracts have been signed to commence a drilling program in the next three weeks over the flagship project at Mt Kare. Since shareholder approval was reached, a camp has been re-established, after discussions with local communities.
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.
ASX:IDC) is pleased to announce the completion of a drilling program over the Kratie North gold project in Cambodia. Encouraging mineralisation has been intersected, with initial results expected within two weeks. Two main targets were drill tested at Kratie North, in a 16-hole program (2216 metres) of diamond drill core. Pyrite and pyrrhotite mineralisation was intersected in a number of holes over the first target.
Indochine Mining Limited
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