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Indico Resources Ltd V.IDI.H

Alternate Symbol(s):  INDCF

Indico Resources Ltd. is a Canada-based mineral resource exploration company. The Company is focused on the discovery and exploration of porphyry copper gold deposits. The Company is currently evaluating multiple project opportunities for joint venture, acquisition, or merger.


TSXV:IDI.H - Post by User

Bullboard Posts
Post by 1GOLDFINGERon May 02, 2016 7:34pm
165 Views
Post# 24834801

HUGE 8.1 Million Ounces Gold Alone - Pecoy/Pembrook

HUGE 8.1 Million Ounces Gold Alone - Pecoy/Pembrook

Once again this was private information up until this point - this is more then a neighbor down the road this is within spitting distance the same deposit! We normally tend to weigh only the copper but if @50yearBeckfan information is accurate by golly they have more ounces of GOLD alone then most juniors on the venture exchange alone. This will be bigger than the Zafranal project. 

429 million inferred tonnes (8.1 mil ounces gold, 3.31 Bil lbs copper, 1 Bil lbs Molybdenum, and 16 m oz silver).

I'll add in addition to @50yearBeckfan's excellent report one thing he did not add is that "someone" has the rights to at least 50% of the output of any future mining that may be done on the Pecoy project. I'll leave figuring out that name up to you. 
Bullboard Posts