Top gun explorer

CAMBODIA and Papua New Guinea-focused Indochine Mining has won the discovery of year award at the first ever Asia Mining Awards as part of the Mines and Money conference in Hong Kong.
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"This recognises our encouraging initial gold-copper results from the drilling program in Cambodia as well as the reactivation of the Mount Kare gold-silver project in PNG," Indochine chairman Ian Ross said.

"I would like to thank the industry for recognising our projects as standouts and congratulate Mines and Money for hosting such a successful conference."

The Mt Kare prefeasibility study is scheduled for completion in August while Indochine released its first resource estimate for the project in December, which equated to 2.1 million ounces of contained gold.

Some of the standout grades at the project so far include a 21m intersection at 444 grams per tonne gold and a 12m interval at 174gpt gold.

Three rigs are busy drilling targets at Mt Kare.

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