Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.

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Intchains Group Ltd > ICG identifies multi million oz target

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Comment by blue0987on Jun 18, 2015 7:36am

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Post# 23842898

RE:ICG identifies multi million oz target

Thanks tabman.

Quote from PR: As a result of the Phase I compilation work, Integra's technical team has identified the exploration target at Lamaque Deep to be in a range of 8 to 20 million tonnes at a range of 5.5 to 6.5 g/t gold.

Total AU ounces at above numbers at mid-range average - 14 million tonnes at 6 g/t gold = 2,612,752 AU ounces.

Addtional LOM at above mid-range average - 14 million tonnes at 2200 TPD = 18+ years.

Total AU production just from Lamaque Deep over 18 years at above mid-range average = 140,000 AU ounces p/y.

Is there any doubt that this Lamaque Project, North & South will end up much much larger, and profitable than most analyst currently project?

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