Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 3 16 2018
By: Ira Epstein

COT Gold, Silver and US Dollar Index Report - March 16, 2018

“Bankruptcy 1995” Revisited
By: James Turk

The egregious errors of static statistics
By: Alasdair Macleod

Gold Miners’ Q4’17 Fundamentals
By: Adam Hamilton, CPA

The Race to Repatriate Gold Reserves Accelerates
By: Nathan McDonald

Is the Economic Summer Coming?
By: Arkadiusz Sieron

Triggers And March Trigger Impending
By: Deepcaster

GoldSeek Radio Nugget: Gerald Celente and Chris Waltzek


GoldSeek Web

Inca One Recovers an Additional 1,187.52 Ounces of Gold and 942.61 Ounces of Silver From Initial Start Up Operations at Chala One

 -- Published: Tuesday, 24 February 2015 | Print  | Disqus 

VANCOUVER, BC--(Marketwired - February 24, 2015) - INCA ONE GOLD CORP. (TSX VENTURE: IO) ("Inca One" or the "Company"), is pleased to announce since its press release of January 19, 2015, its wholly owned subsidiary, Chala One SAC ("Chala One") has recovered an additional total of 1,187.52 ounces (36,936.07 grams) of gold and 942.61 ounces (29,318.43 grams) of silver from 1,140 tonnes of material in connection with operations undertaken from January 8, 2015 through February 18, 2015. These operations include the resumed test milling on the original milling circuit as well as the initial start up operations at the Company's new milling circuit at the Chala One plant. The Chala One plant is in the final stages of start up operations to commission the circuit to the expanded production rate of 100 tonnes per day ("TPD").

Combining the amounts recovered as announced on January 19, 2015 with those announced today shows a total of 1,893 tonnes of material processed and 1,708.49 ounces of gold and 1,500.19 ounces of silver recovered, or an average of 0.90 ounces of gold per tonne recovered since December 3, 2014. The Company continues to look for and acquire gold ore of 1.0 ounce per tonne gold or higher as feed for the Chala One mill.

Average daily throughput has now reached a level of 60 TPD. The Company has continued its methodical start up activities to assure effective circuit testing, paying attention to all parameters that relate to maintaining good levels of recovery and low unit costs.

"We are pleased to report exciting gold and silver production as well as the solid performance of our mill facilities and our personnel during the start up phase of our operations," said Edward Kelly, President and CEO. "We expect to continue in this way to achieve full commercial production on schedule, keeping in mind efficiency in recoveries and costs, while we also continue to increase the quality and grade of our ore supply. We look forward to a very successful year at Chala One."

About Inca One

Inca One is a Canadian-based ore processing company with a gold milling facility in Peru, servicing government-permitted small-scale miners. A highly mineral-rich country, Peru is one of the world's top producers of gold, silver, copper and zinc, with substantial production coming from small scale miners who need government permitted milling facilities to process their ore (such as the Company's Chala Plant).

On behalf of the Board,

Edward Kelly
President & CEO


Statements regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) fluctuation of mineral prices; (ii) a change in market conditions; and (iii) the fact that the Company has limited operating experience with its Chala plant and future operational results may not be accurately predicted based on this limited information to date. Except as required by law, the Company does not intend to update any changes to such statements.

This news release deals only with the Company's Chala plant, which is an industrial project. This presentation does not deal at all with the Company's sole mineral exploration property, the Corizona property. Investors should note that no resource has been established on the Corizona property and all of the material currently being processed at the Chala plant is received from local small-scale mining operations.

For More Information

Kin Communications Inc.
Email contact
Email contact

| Digg This Article
 -- Published: Tuesday, 24 February 2015 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2017 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of, its affiliates or advertisers. makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.