139 Million Pounds Copper Indicated and 270 Million Pounds Inferred VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 24, 2014) -
Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE:IDI) is pleased to announce the maiden independent resource estimate for the supergene portion of the Ocaña porphyry copper-gold project, southern Peru. Indico has diamond-drilled a total of 9903 metres in 57 holes at the project. Table 1 lists the estimated resources following Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") classification definitions at the cut-off grade of 0.1% recoverable (acid and cyanide soluble) copper. The recoverable copper cut-off, using sequential copper leach analysis, is used because it reflects a more...
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