Markets

Indico Resources Reports Additional Drill Results From Phase 2 Drilling Campaign, Ocana Porphyry Project

Indico Resources Ltd. (IDI.V) today provided additional encouraging drill results from the Phase 2 drilling campaign at the Ocaña Cu-Au-Mo porphyry in Arequipa Region, Southern Peru. In Phase 2, a total of 4733 metres were drilled in 19 holes.

The northeastern-most hole drilled, OCA010, intersected the highest-grade primary (hypogene) mineralization yet encountered within the diorite breccia. This hole assayed 300 metres of 0.49% copper and 0.17 g/t gold, or 0.70% CuEq, and including 57 metres of 1.11% copper and 0.21 g/t gold. The hole ended at 300.5 metres within mineralization grading >0.3% copper.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More