VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/02/12 -- Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE: IDI)(OTCQX: IDIFF) is pleased to provide an update on the Phase 2 drilling campaign at the Ocana Cu-Au-Mo porphyry in Southern Peru. The Phase 2 programme is testing the maximum thickness and grade of sulphide and oxide [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/22/12 -- Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE: IDI)(OTCQX: IDIFF) announces the granting of incentive stock options to certain of its directors, officers and consultants to purchase up to an aggregate of 2,750,000 common shares in its capital stock at a price of $0.24 per [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/19/12 -- Indico Resources Ltd. (TSX VENTURE: IDI)(OTCQX: IDIFF) ("Indico" or the "Company") is pleased to provide an update on the results from its annual general meeting of shareholders held on Thursday, October 18, 2012. At the meeting, the shareholders elected four new members to the Company's [...]
Indico Resources is pleased to announce the signing of a binding Memorandum of Understanding with the Peruvian owners of Cia Minera Maria Reyna S.A. of Lima, Peru wherein Indico will acquire an indirect 51% interest and further be granted an exclusive option to acquire the remaining indirect interest in the Maria Reyna Co-Mo porphyry project in [...]
Indico Resources is pleased to announce the appointment of Dean Linden as Manager, Corporate Development for the Company. In 1997 Dean joined ID Biomedical Corp., a start-up biotech company that became a global leader in flu-vaccine manufacturing, and which was acquired by GlaxoSmithKline in 2005 for $1.7 billion. Currently, Dean is on the [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/10/12 -- Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE: IDI)(OTCQX: IDIFF) is pleased to announce the beginning of its Phase 2 drilling campaign at the Ocana Cu-Au-Mo porphyry in Southern Peru.
The planned drill program is underway with two diamond drill rigs on site drilling [...]
Indico is pleased to announce the closing of its non-brokered private placement announced on July 30, 2012 and increased on September 11. The Company raised gross proceeds of $3,318,420 through the issuance of 27,653,500 units at a price of $0.12 per Unit. Each Unit consists of one common share and one-half of one common share purchase warrant. One [...]
Indico announces that it has increased the amount of the non-brokered private placement announced on July 30, 2012. The Company will now be issuing up to 27,653,500 units at a price of $0.12 per Unit for gross proceeds of up to $3,318,420 and is fully subscribed. Each Unit will be comprised of one common share and one-half of one common share [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/15/12 -- Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE: IDI)(OTCQX: IDIFF) is pleased to announce the appointment of Mr. Robert Baxter to the Company's Board of Directors.
Mr. Baxter brings to the Indico board over 25 years of experience in the mining industry, principally in [...]