VANCOUVER, Sept. 13, 2017 /CNW/ - INCA ONE GOLD CORP.
(TSXV: IO, Frankfurt: SU9.F , SSEV: IOCL) ("Inca One" or the
"Company") is pleased to announce gold production in July and August 2017 more than doubled
from the same period last year, increasing to 1,780 ounces, an increase of 124% year-over-year, and an increase of 9% from the
prior two months of May and June 2017.
During the two months, the Company achieved an average throughput of 67.4 tonnes per day ("TPD"), an increase of 180%
from the comparable two-month period in 2016, and an increase of 13% from the prior two-month period of May and June 2017.
Over July and August 2017, the Company processed approximately 4,178 tonnes of material, compared
to 1,492 tonnes year-over-year, (an increase of 180%).
Inca One's supply of gold bearing material for processing continued to increase steadily. Mineral received in July and
August 2017 was 4,260 tonnes an increase of 132% year-over-year, and 10% when compared to the prior
two-month period of May and June 2017.
Inca One President and CEO, Edward Kelly stated, "July and
August was another productive period for Chala One and our operations team is to be commended for solid and consistent production
numbers. I am pleased with our continued growth entering the second half of the year, keeping Inca One on track towards our
goal of positive cash flow."
About Inca One
Inca One is a Canadian-based mineral processing company. The Company's activities consist of the production of gold and
silver from the processing of purchased minerals located in Peru. Peru is the 6th largest producer of gold in the world and the Peruvian government estimates the small-scale
mining sector accounts for a significant portion of all Peruvian gold production, estimated to be valued approximately
US$3 billion annually. The Company purchases its minerals from government registered
small-scale mining producers from various regions and processes it at its Chala One milling facility located in Chala,
Southern Peru.
On behalf of the Board,
Edward Kelly,
President and CEO
INCA ONE GOLD CORP.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
Statements regarding the Company which are not historical facts are "forward-looking statements" that involve risks and
uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect",
"estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since
forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and
uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due
to factors such as: (i) fluctuation of mineral prices; (ii) a change in market conditions; and (iii) the fact that future
operational results may not be accurately predicted based on this limited information to date. Except as required by law,
the Company does not intend to update any changes to such statements. Inca One believes the expectations reflected in those
forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such
forward-looking statements included herein should not be unduly relied upon.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale
of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
SOURCE Inca One Gold Corp.
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