Inca One Resources Corp.

Transcription

Inca One Resources Corp.
CAESARS
REPORT
MINING AND COMMODITY RESEARCH
www.caesarsreport.com
July 12 ∙ 2014
Inca One Resources Update
0.19
tmx charting
Price
C$ 0.155
Ticker
TSX-V: IO
FRA: SU9
O/S
MarketCap
Average Volume
Commodity
Countries Active
63.8M
9.9M
108,516 (TSX-V)
Gold
Peru
Working captial
C$ 5M
52 week high
52 week low
C$ 0.180 2014·07·04
C$ 0.060 2013·12·04
0.18
0.17
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Sept
Oct
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Early
Exploration
Dec
2014
Feb
Advanced
Exploration
Mar
Apr
May
Feasibility
Jun
Jul
Aug
Financing
www.incaone.com
Development
Production
CHALA ONE MILL
Introduction
We have met with Inca One’s (IO.V)
CEO Edward Kelly in Vancouver and
as he shed some more light about the
company’s near-term plans at Chala,
an update seems to be warranted.
The Company recently announced
already been closed and we expect
later this summer. The proceeds will
agreements with documented small-
July 12th, 2014 — Inca One Resources - Update
Chala One is getting ready
to fire on all cylinders
Inca One’s Chala plant is strategically
situated accommodate these small
tpd ball mill will be idled. With the
in tandem, the Company will achieve
As you already know, the current
carbon in leach (CIL) plant in the
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recovery rates.
According to CEO Edward Kelly, two
while maintaining the legacy ball
scale mines to buy and process ore
sourced and purchased, and will be
inserted into the processing circuit
are unable to support stand-alone
plants (due to their small output) so
we actually expect Inca One to start
commissioning the second ball mill
the company can reach its planned
to process their raw ore. We believe
this year.
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July 12th, 2014 — Inca One Resources - Update
CAESARS REPORT — www.caesarsreport.com
Inca One will obviously
need more ore
It’s not just the plant throughput
which will prove to be instrumental
One obviously will also have to secure
us that the company is currently
reiterated the target to purchase and
According to CEO Ed Kelly, the
Corizona
and we think this isn’t a bad move as
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July 12th, 2014 — Inca One Resources - Update
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Conclusion
day should be completed by the
beyond.
now, and when Inca One reaches the
dominant players in the toll milling
sector.
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July 12th, 2014 — Inca One Resources - Update
CAESARS REPORT — www.caesarsreport.com
Contact
corresponding blogpost or email us at
or email us at
About Caesars Report
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The author holds a
do your own research.
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