El Molino Copper / Gold Project (Indo Mines 0.5% NSR)

Exploration Projects - Peru El Molino Copper / Gold Project - (Indo Mines 0.5% NSR)
Cajamarca District, Northern Peru

 

Indo Mines has a 0.5% NSR in the El Molino project in Peru which contains approximately 10% of the massive 486Mt Galeno Cu-Au porphyry deposit. Owner, Northern Peru Copper has completed a 5,000m drill program at Galeno and the results have significantly upgraded the resource at Galeno.

Feasibility studies have now commenced on Galeno and Northern Peru Copper are focusing on bringing the project to development. In addition drilling on the nearby Hilorico Gold prospect, on while Indo Mines has also a 0.5% NSR on all of the target is developing into a significant epithermal gold discovery. Drilling is continuing.