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Angostura Project

Angostura Project | gold rush | Scoop.it

Angostura

Inca Peruvian Mining Ltd. has invested into a joint venture opportunity with a project in southern Peru which consists of up to a 30% ownership with the joint venture partner. The ownership percentage depends upon the funds raised for the project. This project has history of artisan miners working on the property. The development and extension of an access road on the concession has recently revealed new access points to some veins.

The joint venture partner began processing the mineral in August, 2012. Over the course of operating the mine, we expect production to ramp up significantly.

Investments into the project have been used to improve the site structurally such as roads, tunnels and shafts. We are also looking to improve the processing facilities and incorporate bigger machinery and equipment that will allow mining and production to reach the projected levels.

 

Initial earth works at the Angostura site commenced in December 2011 and mining production commenced in June 2012 after weather setbacks delayed mining. While our joint venture partner is contracted with a number of local processing plants, located between 50 to 120 miles from the mine, service and reliability issues as well as the cost of transportation have lead to our joint venture partner to build their own processing facility within 15 kilometers of the mine.

Over the course of operating the mine, we are aiming for production to ramp up to several hundred tonnes of ore per day.  Production increases have to be aligned with processing capacity and will be phased in over the coming 12-24 months of the project.  We currently project that the cost of mining, freight, and processing will be less than 1/3 of the market price per gold ounce upon completion of the new processing plant. This is based on a 6 g/ton mineral; however we have many assays showing higher concentrations, with this in mind, it is quite possible that the costs could be reduced to a 1/4 or less per ounce.

Based on several hundred tons of processed mineral and a dozen assays we expect the mine to average between 6 and 12 grams per tonne. Assays over the past few months have delivered very positive results of between 9 and 23 grams per tonne. Management’s current focus is to overcome the short term delays, production and processing bottlenecks in order to generate returns for investors.

The Angostura mine has a NI 43-101 geology report which has a very positive inferred mineral resource of gold. The recommendation from the report was to continue exploring the mine and selling mineral as we go. This strategy is the most economically viable for this type of project.

Winnfin's insight:

We believe this plant could put Inca Peruvian Mining LTD on the map.

Find out more at www.winnfin.com

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Aquarius Pt wins plaudits, but is it enough? - Mining MX

Aquarius Pt wins plaudits, but is it enough? - Mining MX | gold rush | Scoop.it
Aquarius Pt wins plaudits, but is it enough?
Mining MX
[miningmx.com] – IT'S been a year since Aquarius Platinum slumped to its all-time low of R4.50/share. At the time, the company was busily mothballing its mines amid a tanking platinum price.
Winnfin's insight:

We strongly back AQP.L to raise over the next 2 quarters from 0.44p to 0.70p this will net all our clients a good return. find out more by downloading our Aquarius report http://winnfin.com/recommendations/recommendations.html

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Gold futures hit record high of Rs 34,246 per 10 gram - The Economic Times

Gold futures hit record high of Rs 34,246 per 10 gram - The Economic Times | gold rush | Scoop.it
At the MCX, gold for delivery in October went up by Rs 531, or 1.57 pc to trade at an all-time high of Rs 34,246 per 10 gram. (Gold futures hit record high of Rs 34246 per 10 gram - Economic Times: Zee NewsGold futures hit record high of...
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Why did we bother voting?

Why did we bother voting? | gold rush | Scoop.it

 

Why did we bother voting?

27/08/2013

Written by Andrew Pitt

 

Way back when I was a little, little boy I asked my grandfather, why do we vote?

He replied, we vote so we can elect people who represent our views and can convey them to the country, change laws and make decisions that will benefit us all as a whole.

 

Needless to say at the tender age of 7 I believed all this and further more had the utmost faith that these superior beings in parliament knew exactly what they were doing. How wrong was I…!

 

By the time I became old enough to vote I had already witnessed privatisation of the railways, collapse of more manufacturing and production companies than I can count and a public health service so short of cash that the wards themselves were health hazards.

 

But my generation took up the call and reversed the conservative majority with our vote; we answered the rally cry of change, the promise of a bright new dawn, a “Booming Briton”. 

 

Well what can I say we brought into the media hype? A media controlled or coerced by the political spin doctors. Or was it the other way down?

 

This same media that delivered the New Labour is the same one that struck the nail in the coffin. And wasn’t that the same as it was for the Conservatives and Dame Margret Thatcher.

 

The point I am trying to make is our elected government own and controls NOTHING.

The rail network.                       Semi/Privatised.

The health service.                    Semi/Privatised.

Public housing.                         Semi/Privatised.

Telecommunication.                  Semi/Privatised.

Television.                                Semi/Privatised

.Prisons/Justice system            Semi/Privatised

.Electric/Power.                        Semi/Privatised.

Road network.                          Semi/Privatised.

Education.                               Semi/Privatised.

Security.                                  Semi/Privatised.

Water.                                     Semi/Privatised.

 

So there for shouldn’t we be voting for the corporations to rule, as there the only ones who can make a change to the society we live in.

 

Last thought; When all of these services were privatised, surly the money from there sale should have gone back to the public, after all they were owned by us, the people. I didn’t get my check through the post…did you?

 

Andrew Pitt.

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Winnfin's curator insight, August 27, 2013 9:13 AM

Its not that simple, but we get your point

winnfin

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THE ART OF BUYING OR SELLING GOLD - The Prospector Blog

THE ART OF BUYING OR SELLING GOLD - The Prospector Blog | gold rush | Scoop.it

Precious metal is a well kept secret. Folks who own physical gold, or silver, seldom advertise their wise discretion. Few blab across social networking and less openly discuss the nuts and bolts of buying PM (precious metal). In most cases this leaves you, the novice, searching for the right metal offered at a fair price. It’s hard for me to put an exact percentage on how many newbies pay far beyond necessary but I will estimate more than half do, or receive less, than the metal recommended here at TPS (The Prospector Site). ...


Via Hal
Winnfin's insight:

Contact us for our spin on how to buy Gold. admin@winnfin.com or visit our site. www.winnfin.com

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Hal's curator insight, August 26, 2013 3:17 PM

Click through for the full read.

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Gold To Silver Ratio Says Silver Is A Screaming Buy

Gold To Silver Ratio Says Silver Is A Screaming Buy | gold rush | Scoop.it
By: GE Christenson Six of eight significant silver market lows in the past 23 years occurred when the GSR (gold to silver ratio) was > 64 and the RSI
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Friday rally sets up gold price breakout

Friday rally sets up gold price breakout | gold rush | Scoop.it
With 2% gain on Friday gold price is honing in on its 100-day moving average – a sustained breakout above this level and $1,500 is not out of the question.

Via Hal
Winnfin's insight:

We said Gold would do this, find out our next prdiction www.winnfin.com

or contact us directly admin@winnfin.com

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Inca Peruvian Mining Gold

Inca Peruvian Mining Gold | gold rush | Scoop.it

Gold

While the price of gold has risen tenfold over the past five years most analysts still feel that the price will continue to rise in the short to medium term. Standard Chartered, BNP Paribas and Morgan Stanley all foresee the forward gold price rising to over $2,000 per ounce in 2013 and 2014 and staying there until well into 2015.

Several underlying macroeconomic factors support these forecasts and expectations: The gold price is inversely driven by global liquidity and real interest rates, especially in developed economies, and poor liquidity over the medium term should continue to see the demand for gold hold strong.

World economic instability and the erosion of value through fiscal easing in the reserve currencies still shows no sign of letting up.  In addition the inflationary effect of increasing the money supply in the USA and Europe will start to exhibit negative symptoms in 2013 and the following two to five years. 

Angela Merkel recently stated that she expects the current negative conditions in the Euro-zone to take up to five years to resolve and for consistent economic growth, liquidity and prosperity to return to the EU market.

Strong underlying industrial demand for gold still exists, which will grow through demand from emerging economies.

 

 

Investment demand in gold from China and India is expected to continue as middle classes in those countries grow. In addition BRIC central banks (Brazil, Russia, India and China) are stockpiling gold. The trend is solid in medium term but cannot be expected to continue in the long term.  The general conclusion therefore is that high gold prices are here to stay at a level of between $1,500 and $2,250 per ounce over the coming 24-36 months.

Winnfin's insight:

Even after this little dip in the market. Gold still looks ripe for the picking. find out more www.winnfin.com

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Chiclayo Tailings

Chiclayo Tailings | gold rush | Scoop.it

Chiclayo Tailings

Chiclayo Tailings is a Silver Tailings project located in the Chiclayo region in the north of Peru. It consists of over 9 million tonnes of ore, which preliminary sample testing has yielded 3-9 oz per tonne silver content and gold residue of ½ gram per tonne.

The tailings are open cast and therefore no significant mining work is required beyond breaking up the tailings´ surface structure and transporting them to the processing plant.  

Agreements and heads of terms are in place to share the benefits of the mine with the local community, which would be paid $7 per tonne of ore transported through the village. All costs including transport and processing are forecast to be just under $100 per tonne. Estimating at an 80% recovery ratio, it would generate a net profit of $55 per tonne or a 35% operating margin if the grade of ore was maintained at 3-9 g/t.

The project also has an environmental benefit as the concession is granted as a clean-up operation, although this results in higher legal and operating costs to ensure project compliance.

The intention is to start production soon after the remaining due diligence and contracts are completed, at 100 tonnes per day, and would rise to 400 tonnes with the total cost of extraction and processing estimated to be approximately $60 per tonne. The intention is to build a local, wholly owned processing plant which will reduce the transport and processing costs of the project, as well as allowing us to reach the full output potential of the project and hence further enhance its profitability.

Please note: Production work on the 'Chiclayo Tailings' project has not yet started. Preliminary ore samples and contracts with the owner is all that has been achieved as of March, 2013. Further samples, testing and full geology report will be required before any more investment in this project is committed by Inca Peruvian Mining, Ltd.

Winnfin's insight:

Please read carefully, this could be a great way to make money. visit our site for more details on Inca Peruvian Mining or how to get involved. www.winnfin.com admin@winnfin.com

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Angostura Project

Angostura Project | gold rush | Scoop.it

Angostura

Inca Peruvian Mining Ltd. has invested into a joint venture opportunity with a project in southern Peru which consists of up to a 30% ownership with the joint venture partner. The ownership percentage depends upon the funds raised for the project. This project has history of artisan miners working on the property. The development and extension of an access road on the concession has recently revealed new access points to some veins.

The joint venture partner began processing the mineral in August, 2012. Over the course of operating the mine, we expect production to ramp up significantly.

Investments into the project have been used to improve the site structurally such as roads, tunnels and shafts. We are also looking to improve the processing facilities and incorporate bigger machinery and equipment that will allow mining and production to reach the projected levels.

 

Initial earth works at the Angostura site commenced in December 2011 and mining production commenced in June 2012 after weather setbacks delayed mining. While our joint venture partner is contracted with a number of local processing plants, located between 50 to 120 miles from the mine, service and reliability issues as well as the cost of transportation have lead to our joint venture partner to build their own processing facility within 15 kilometers of the mine.

Over the course of operating the mine, we are aiming for production to ramp up to several hundred tonnes of ore per day.  Production increases have to be aligned with processing capacity and will be phased in over the coming 12-24 months of the project.  We currently project that the cost of mining, freight, and processing will be less than 1/3 of the market price per gold ounce upon completion of the new processing plant. This is based on a 6 g/ton mineral; however we have many assays showing higher concentrations, with this in mind, it is quite possible that the costs could be reduced to a 1/4 or less per ounce.

Based on several hundred tons of processed mineral and a dozen assays we expect the mine to average between 6 and 12 grams per tonne. Assays over the past few months have delivered very positive results of between 9 and 23 grams per tonne. Management’s current focus is to overcome the short term delays, production and processing bottlenecks in order to generate returns for investors.

The Angostura mine has a NI 43-101 geology report which has a very positive inferred mineral resource of gold. The recommendation from the report was to continue exploring the mine and selling mineral as we go. This strategy is the most economically viable for this type of project.

Winnfin's insight:

We believe this plant could put Inca Peruvian Mining LTD on the map.

Find out more at www.winnfin.com

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Here’s Why There Is A War In Gold Near The Key $1,370 Level

Here’s Why There Is A War In Gold Near The Key $1,370 Level | gold rush | Scoop.it

With the ongoing war in gold continuing near the key $1,370 level, today the man who provides macro research and commentary to many of the largest financial institutions and top hedge funds around the world sent KWN 10 absolutely stunning charts, which included gold, and other incredibly key markets.  Eric Pomboy, who is founder of Meridian Macro Research, also provided powerful commentary to go along with the 10 remarkable charts, as well as what all of this means for these key markets, including gold.

 

By Eric Pomboy Meridian Macro Research

 

August 21 (King World News) - Gold Battle Near Key $1,370 Level - Charts Of The Day

 

Taking a look at the Gold relative to Net Commercial position chart, we find that the 22% bounce (same for 2005, 2008 bottoms) we highlighted late in July has resulted in a full snap-back into the (bullish) trend line.  As such, we should not be more than a week or so away from some sustained moves higher for both gold and silver. ...

 


Via Hal
Winnfin's insight:

soon as we see the forthcoming Dollar weakness we will see the start of the Gold Rally. What do you think? contact us admin@winnfin.com or visit our site www.winnfin.com

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A 2008-Type Of Event Will Plunge The World Into A Panic

A 2008-Type Of Event Will Plunge The World Into A Panic | gold rush | Scoop.it

Today one of the savviest and most well-connected hedge fund managers in the world spoke with King World News about the war in gold and potential chaos in the derivatives markets.  Outspoken Hong Kong hedge fund manager William Kaye also warned that a repeat of a 2008-type of event would plunge the entire global financial system into a complete panic that would dwarf what the world witnessed in 2008.  Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, had this to say in his fascinating and powerful interview.

 

Kaye:  “I’m focused right now on the fact that the gold price has been relatively strong.  Generally we see very thin trading in August.  In fact, most of the trading that is recorded in the markets is algorithm trading.  In other words, it’s Goldman Sachs algorithm trading with JP Morgan, and then they switch roles the next day. 

 

This is well known in the industry, but it’s not well known to investors.  So most of the liquidity that appears to be present in these markets is in fact nonexistent.  It’s phantom liquidity provided by these high frequency trading algorithms....

 


Via Hal
Winnfin's insight:

This is the down side to selling leveraged paper gold. for more info admin@winnfin.com or visit our site www.winnfin.com

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Progress Report

Progress Report | gold rush | Scoop.it

3rd May, 2013 - Arequipa, Peru

Inca Peruvian Mining Ltd. has plenty of positive progress to report at both the mine and processing facility from the past 60 days. Having changed the subcontractor responsible for completing the processing plant faster than expected, progress has since been made and it is expected to be ready to start by the second week of May. Attention will then turn to testing, grading and calibration of the equipment, a process which is expected to last two weeks before full production is expected to start by the end of May.

Stockpiles of mineral have been accumulating at the mine where exploration and development work continues, including the extension and widening of galleries, installing ventilation equipment and plans to implement a rail system, is ongoing.

The overall capacity of both the mine and the production plant is being ramped up and the cost of this development should be met from operating cash flow. In addition, preliminary assay results averaging more than 20 grams per ton, continue to suggest that the mineral coming out of the two veins currently being mined is significantly richer than previously forecast. Previous estimates from the 43-101 geology report calculated the reserve using a 7 gram per ton average.

Further good news has come from the level of interest being generated from other independent local mines. The processing plant is the only such facility in southern Peru, the nearest alternative is more than 300km away in Chala. Taking on and processing third party mineral is expected to yield operating margins in excess of 40%. The level of demand being generated provides ample justification for increasing processing capacity to 200 or 300 tons per day from the 40 tons per day expected to come on line at the end of the May.

Management will continue, over the remainder of the year, to exert all necessary effort to ramp up capacity and bring deals with proven mineral content to the processing plant to fully exploit our local monopolistic position to drive up revenue via high operating margins.

This dual earning strategy augurs well for the future of Inca Peruvian Mining Ltd.

Winnfin's insight:

for more information contact us admin@winnfin.com or visit our website www.winnfin.com

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Inca Peruvian Mining's new processing plant may reduce production costs by 50%

Inca Peruvian Mining's new processing plant may reduce production costs by 50% | gold rush | Scoop.it
Inca Peruvian Mining, a South American company specializing in gold, silver and copper mines, has secured a contractor to complete the construction and installation of the new processing plant.
Winnfin's insight:

WinnFin backs the latest South American Gold rush. We are thrilled to be involved with IPM and have been authorised to assist in placing their shares prior to a public flotation and listing on a major European bors

Inca Peruvian Mining Ltd. is a South  American mining company that specializes in gold, silver and copper mines with  the intention to invest through joint venture contracts and seek out niche markets that focuses on low risk,  with immediate cash flow.

Inca Peruvian Mining’s primary focus is to enter into joint ventures with local mine owners, as well as operating and geologist partners, to purchase the rights to, and develop, small to medium sized artisan mining, tailings, production and prospecting projects.

Most of the world's metal comes from the Andes region because the continental plate there is quickly subsiding under the coast folding and thrusting up the mountains causing magma to rise through old rock.

email admin@winnfin.com.

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Winnfin's comment, August 22, 2013 12:37 PM
For more info email us admin@winnfin.com or visit our website www.winnfin.com
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Aquarius platinum: the case for cautious optimism - Mining | Moneyweb

Aquarius platinum: the case for cautious optimism - Mining | Moneyweb | gold rush | Scoop.it
Moneyweb - Breaking news, independent analysis, latest JSE share prices, exchange rates and data on investment, finance and business in South Africa
Winnfin's insight:

We strongly back AQP.L to raise over the next 2 quarters from 0.44p to 0.70p this will net all our clients a good return. find out more by downloading our Aquarius report http://winnfin.com/recommendations/recommendations.html

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Commodities: Is gold rise just a dead cat bounce?

Commodities: Is gold rise just a dead cat bounce? | gold rush | Scoop.it
Gold has been rallying from its three-year low of just off $1,180 an ounce in June. On Friday, it closed at $1,378.
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Gold’s Explosive Move Continues–Trader Expects “$1500 Within Next 2 Weeks” | Bull Market Thinking

Gold’s Explosive Move Continues–Trader Expects “$1500 Within Next 2 Weeks” | Bull Market Thinking | gold rush | Scoop.it

What started out as a quiet and sideways week in the metals and miners, finished off explosively!

 

Technical gold trader Gary Savage noted in weekend commentary that Friday’s explosive finish in gold confirms yet another trading cycle, which may assault the 200 day moving average at $1500 oz. within the next two weeks. He further added that as a result of the strength of this close, he also expects a 10%-15% move in the miners next week. 

 

Doug Casey echoed similar bullish thoughts in an interview on Tuesday, and spoke to the two greatest speculations of his career–both of which were mining related and completely based on luck. He also noted that, “These mining stocks (the well-managed ones) are really about as cheap as they’ve been in history…So unless you think people are going to stop wanting or needing copper, nickel, uranium, gold, silver, and moly, you’ve got to buy these things now.” ...


Via Hal
Winnfin's insight:

As weve been saying all along. www.winnfin.com

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Gold Is Rallying And Japan Is Falling

Gold Is Rallying And Japan Is Falling | gold rush | Scoop.it
Jitters. (Gold Is Rallying And Japan Is Falling http://t.co/luzyVZJto6)
Winnfin's insight:

Hummmmm... dont think so!!!!!! With the amount of U.S debt bonds Japan owns, there set up for a windfall.

winnfin

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Gold Double-Slam Takes Out All Bids Following Price Spike | Zero Hedge

Gold Double-Slam Takes Out All Bids Following Price Spike | Zero Hedge | gold rush | Scoop.it
Minutes after ramping above the critical $1,400 level, gold has been slammed lower instantaneously, twice in the last hour, as a result of a rumored trade originating at the BIS (and specifically the desk of our old friend Benoit Gilson) slamming...
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Singapore Source - West Is Now Running Out Of Physical Gold | Grant Williams

Singapore Source - West Is Now Running Out Of Physical Gold | Grant Williams | gold rush | Scoop.it

Today one of the most highly respected fund managers in Singapore warned King World News that the West is finally running out of available physical gold to supply the market.  Grant Williams, who is portfolio manager of the Vulpes Precious Metals Fund, also spoke about the pressure being put on India, by the West, to lease their 200 tons of gold, and how this will impact the market.  Below is what Williams had to say this powerful interview.

 

Eric King:  “When the United States closed the gold window in 1971, gold proceeded to go up six-fold in a very short period of time.  But during the 1970s, from time-to-time there were threats from the IMF that they were going to sell some gold to stem the rise in the price.  We see all of this gold pouring out of the West, and now there is this pressure on India to lease their 200 tons of gold.  Does this have a 1970s feel to it to some degree?”

 

Williams:  “There are two major differences now, Eric:  The first big difference is that the sellers have been selling gold.  And when you have a finite resource, it’s not like dollar bills -- you can’t just print more.  If you keep selling, one day you are going to have sold it all and you are not going to have any more to sell. ...

 


Via Hal
Winnfin's insight:

I disagree with this post, the problem the world is going to have is that we are selling to much paper gold, so much so that if you do own the real thing you are now a minority... Our advise is buy gold, but buy the real thing...

find out how www.winnfin.com or contact us directly admin@winnfin.com

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Processing Plant

Processing Plant | gold rush | Scoop.it

Processing Plant

The following factors have lead to the joint venture partner to take the decision to develop a processing facility to serve the Angostura mine but also with potential to generate its own income from other small mines in the area.

Opportunity of freehold purchase.Moratorium / amnesty of 2 years to apply for license.Location; close to mine, highway and electricity grid, distant from any population and downstream from water supplies.Grid supplied electricity rather than a diesel generator reduces electricity cost dramatically.Security of processing capacity and quality.

Reduced processing cost to approximately US $30.00 per tonne and reduced transportation cost to under $10 per tonne as opposed to the $40 previously charged. Control of development will enhance the scalability and profitability of the mine.

The plant will be an end-to-end processing solution, except for the final gold extraction from carbon and smelting - a decision in part governed by capital restrictions, practicality and security. The process uses cyanide leaching and carbon capture as follows:

The process involves several stages, milling, agitation tanks followed by smaller carbon tanks.Mineral from ore bins is run through a crusher thereby reducing the ore to half inch pieces. From there the ore is mixed with cyanide water solution and pumped into a ball mill where it is further reduced to a powder of sub-200µm to -100 µm particles.The powder is then pumped into agitation tanks with a water cyanide solution. Once thickened leaching reagents in the form of cyanide and an oxidant such as air or oxygen are added. Leaching takes place as the pH solution is adjusted to a value of around 9.5–11 to ensure minimum loss of cyanide as hydrogen cyanide and the mixture is agitated in the leach reactors either mechanically (rotation stirrer) or by air.Typical residence times in the leach section may range from 20–40 hours depending on the head grade and nature of the ore and the number of agitation tanks.In the Carbon in Pulp process (CIP) the carbon of concentration 10–25 grams of carbon per litre of pulp (0.5 to 1.2% by volume carbon) is added directly to the leach solution to save on processing time and capital investment for a slight reduction in efficiency yields.  The carbon is retained in each reactor by means of screens having an aperture of 0.6–0.8 mm which allows pulp to flow through and out of the reactor whilst retaining the carbon in the reactor.  The gold aurocyanide complex in the aqueous phase is readily adsorbed onto the activated carbon.

A risk is the delay in the electricity supply while most of the equipment needed including the agitation tanks have already been acquired or are being built.

The whole process is scalable with base infrastructure being installed from the beginning to allow a final capacity of 300 tonnes of ore per day.  Capacity however will start at 35 tonnes a day in line with the expected output of the Angostura mine and as both the mine and the processing plant are scalable, production of both is expected to increase, funding permitting, to 70 tonnes a day within 60 days or by the end of quarter 1, 2013.

The design takes advantage of the natural topography of the land with the process starting at a higher gradient and almost rolling down hill to the bottom.

At the end of February 2013, the processing plant was nearing completion.

Winnfin's insight:

This is obviously a great way to save money by reducing cost expense. for more information contact us admin@winnfin or visit or site www.winnfin.com

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Asia Project

Asia Project | gold rush | Scoop.it

Asia Project

Inca Peruvian Mining, Ltd. has signed a ‘letter of intent’ to allow it to acquire up to a 50% share, through a profit sharing agreement, of a project named “The Asia Project”.

The Asia project comprises of two leased mining concessions of 100 hectares each, located in the District of Coayllo, Cañete Province, just outside of the Asia district and about an hour and a half drive from the city of Lima.

Both concessions are in a highly mineralized area and are surrounded by mines operated by two large, well established, local mining companies, Empresa Minera Condestable and Candente Gold Peru. These two companies, operating nearby, mine large quantities of mineral and process it at the processing plant in Mala, which is located 40 minutes from the operating area.

At least 10 veins have been discovered and worked on by informal miners. Inca Peruvian Mining believes that this project can raise the necessary funds in order to progress the production rate and extraction.

The testing from the currently accessible veins have so far returned results of over 20 grams per ton for Gold with traces of Silver and Copper also present.

Inca Mining believes that this project fits well with their strategy of sourcing projects which offer a relatively low capital expenditure with fast potential returns on investment and although mining and processing will be restricted to 20 - 30 tonnes per day while processing through the nearby processing facility, the high grade of the mineral from samples taken make the deal attractive and offer high operating margins.

 

Winnfin's insight:

Asia Project

Find out how to get involved, mail us admin@winnfin.com or visit our site www.winnfin.com

 

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Precious Metals Spike | Zero Hedge News

Precious Metals Spike | Zero Hedge News | gold rush | Scoop.it
It would appear the news that the housing 'recovery' may not be as strong as every asset-gethering talking-head exclaimed it will be in the face of soaring mortgage rates has driven investors to the safety of precious metals in a...

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Winnfin's insight:

follow winnfin to get the best gold reports. www.winnfin.com

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Hal's curator insight, August 23, 2013 12:25 PM

Click through for all the chart goodness.

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Secret Central Bank Activity In The Gold Market Exposed

Secret Central Bank Activity In The Gold Market Exposed | gold rush | Scoop.it

The central banks control more gold than any other entity in the world, so how can the World Gold Council ignore such an important factor in the market?  But they do.  So central bank gold supply into the market is concealed through the scrap side of the business.

 

Interestingly, Thomson Reuters confirms the World Gold Council’s scrap numbers.  But Thomson Reuters will not share, and neither will the World Gold Council, their numbers with us.  They won’t tell us where their sources are.  They won’t document the numbers.  They will just say, ‘take it or leave it.’  Well, I prefer to leave it.  When someone says, ‘take it or leave it,’ and I’m paying for their service, I’ll leave it. 

 

I just don’t trust people that won’t come clean.  We said, ‘Prove to us that you didn’t just make them up,’ and they refused to do it.  So I am very suspicious of those (scrap) numbers.  And I now side entirely with our sources, and we have more than one, who have said for some time now that ‘They just make this stuff up.’ 

 

So this is how they attempt to camouflage what the ...


Via Hal
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Hal's curator insight, August 21, 2013 1:35 PM

Be sure to click through and read the full post. A must read.

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Signed ‘letter of intent’ to acquire up to 50% in new project.

Signed ‘letter of intent’ to acquire up to 50% in new project. | gold rush | Scoop.it
21st March, 2013 - Lima, Peru

Inca Peruvian Mining, Ltd. is pleased to report that it has signed a
‘letter of intent’ to allow it to acquire up to a 50% share, through a
profit sharing agreement, of a project named “The Asia Project”.
Winnfin's insight:

This is a great way for young company's to grow there business and reduce there risk. For more information contact us admin@winnfin.com or visit our site www.winnfin.com

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Assays encourage rich ore from Angostura project.

Assays encourage rich ore from Angostura project. | gold rush | Scoop.it
Arequipa, Peru - 30th May, 2013

Inca Peruvian Mining, Ltd. is pleased to report that recent assays taken from a tunnel below one of the 4 narrow veins at the Angostura project have returned showing an even higher grade than the samples taken previously.

Visually the ore from this part of the vein looks darker and generally richer. The results were mixed ranging from 12 grams per ton to as high as 120 grams per ton.

Although previous assays had returned similar high results, none have been as high as 120 grams per ton.

These results are very promising for the company, the revenue forecasts had been calculated on 7 grams per ton mineral. If revenue is achieved at an average of 14 grams per ton, in our first year as a listed company, revenue would be up by over 100%.

Miners are continuing operations at the Angostura project and ore is being stockpiled in preparation for the processing plant to come online.

About Inca Peruvian Mining, Ltd.
Inca Peruvian Mining Ltd. is a South American mining company that specializes in gold, silver and copper mines with the intention to invest through joint venture contracts and seek out niche markets that focuses on low risk, with immediate cash flow.

Winnfin's insight:

Great news for this young mining company. for more info contact us admin@winnfin.com of visit our site. www.winnfin.com

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