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Update on intention of listing on public stock exchange

Update on intention of listing on public stock exchange | Winn Financial | Scoop.it

21st July, 2013 - Arequipa, Peru

Inca Peruvian Mining Ltd. is pleased to report on the anticipated listing
of its shares on a European stock exchange.

Winnfin's insight:

Great news for all investors who have been prudent and invested at IPO level. for more information contact us admin@winnfin.com or visit our site 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% | Winn Financial | 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:

follow the progress of inca peruvian mining at www.winnfin.com

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Winnfin's comment, August 22, 2013 12:36 PM
For more info email us admin@winnfin.com or visit our website www.winnfin.com
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Progress Report

Progress Report | Winn Financial | 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.

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:

This will bring IPM up to speed in no time at all, for more information contact us admin@winnfin.com or visit our site. www.winnfin.com

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WinnFin

WinnFin | Winn Financial | Scoop.it

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.

 

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 12:36 PM
For more info email us admin@winnfin.com or visit our website www.winnfin.com
Winnfin's comment, August 22, 2013 12:38 PM
For more info email us admin@winnfin.com or visit our website www.winnfin.com