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 0.16 0.15 0.14 0.13 0.12 0.11 0.10 0.09 0.08 0.07 0.06 Sept Oct Nov 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 CAESARS REPORT — www.caesarsreport.com 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. CAESARS REPORT 2 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 CAESARS REPORT 3 July 12th, 2014 — Inca One Resources - Update CAESARS REPORT — www.caesarsreport.com Conclusion day should be completed by the beyond. now, and when Inca One reaches the dominant players in the toll milling sector. CAESARS REPORT 4 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 mining companies. In the coming years securing resources will be all over Europe. As we are not a registered investment advisor, please always do your own research. Visit our website at www.caesarsreport.com Disclaimer The author holds a do your own research. Copyright All images in this document are copyrighted by the concerning companies. Some images were re- document is copyrighted by caesarsreport.com. Important CAESARS REPORT 5