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Inca One Gold Corp V.INCA.H

Alternate Symbol(s):  INCAF

Inca One Gold Corp. is a Canada-based gold producer operating two permitted, gold mineral processing facilities in Peru. It 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. The Chala One Plant facility has a permitted capacity of approximately 100 tons per day. Kori One facility has a 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.


TSXV:INCA.H - Post by User

Bullboard Posts
Post by paulindoonon Sep 19, 2018 10:40am
77 Views
Post# 28646588

How can Aug Au of 1513 be termed “approximate”

How can Aug Au of 1513 be termed “approximate”I was intrigued when in the NR I read re Aug production of 1513 ozs Au, but it was revered to as “approximately”? So reached out to Konstantinos ( ktsakumis@incaone.com ) & asked. He promptly replied thus solving the “mystery” per:
The company measures and keep track of all porduction stats to two decimal point.  In this case, the processed tonnes was just under 1513 and was rounded up.
 
It sounds odd I understand but it is just how the company measures its production historically.  When dealing with ounces of gold, the metrics add up over the course of a longer period of time.
Bullboard Posts