Inca One Gold Corp V.INCA.H

Alternate Symbol(s): INCAF

Metals & Mining Gold

Inca One Gold Corp. is a Canada-based gold producer operating two fully permitted, gold mineral processing facilities in Peru. The Company is engaged in the business of operating and developing gold-bearing mineral processing operations in Peru, to service government permitted small scale miners. The Company possesses a combined 450 tons per day (TPD) permitted operating capacity at its two fully integrated plants, Chala One and Kori One. The Chala One Plant is a full-service milling facility, with weighing, sampling and metallurgical test facilities on site, along with crushing, grinding and carbon-leaching circuits, full material handling, desorption, smelting and tailings disposal facilities. Its Kori One facility has permitted capacity of approximately 350 TPD, which is located in the Arequipa region of Peru. It has-in house, metallurgical and chem labs, desorption and smelting facilities. The Company’s subsidiaries include Chala One S.A.C., EMC Green Group S.A. and others.

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Inca One Gold Corp

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Comment by kazaaon Jul 03, 2012 7:43pm

225 Views

Post# 20079381

RE: RE: Is the Supreme Decree needed?

That is not the point. What was recently explained to me is that the vendors who are Peruvian can not transfer the properties to a foreign company until the supreme decree is approved or granted. So once Inca One has completed all the payments and exploration expenditures, they have to then go through the process of the approval. Adds another level risk. Bear Creek had to get the same approval and they got their property taken away.

Still a great property. I will probably buy some here knowing the risk.

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