Inca One Begins Construction to Double Capacity at Chala One Production Plant
Vancouver, B.C., February 7, 2014 – INCA ONE RESOURCES CORP. (TSX‐V:IO)(“Inca One” or the “Company”) is pleased to announce the company has begun construction on a significant performance and capacity upgrade to its Chala One gold milling facility located in Chala, Peru. This upgrade will mark a 100% increase to the current 25TPD capacity and allows the company to process up to 50 TPD. Under the formalization process Chala One can be permitted to scale up to 350TPD.
Highlights of the upgrade include the following:
- Plant capacity upgrade comes three months after first successful gold production announced on November 14, 2013.
- Construction and plans are currently being undertaken on new ball mill and tailings pond improvement.
- An onsite metallurgical laboratory has been built and placed into operation, enabling various metallurgical tests and analyses to be performed on site, including moisture content, particle size analyses and reagent consumption. Samples of mill feed and product streams are analyzed by an independent third party laboratory in Chala for gold and other values.
Mr. Edward Kelly, President and CEO, stated: “We continue to make significant progress on the development and construction of Chala One. We anticipate this upgrade to be one of several upgrades moving forward with the goal of increasing efficiency and capacity to 100 TPD later this year. Also, with the construction of the metallurgical laboratory facility, we will greatly increase Chala One’s ability to develop, test, scale-up and demonstrate extraction and processing methods for mill feed.”
About Inca One Resources Corp
Inca One is a Canadian-based mineral resource company with a newly acquired gold milling facility & exploration assets in Peru, which was home to the Inca Empire. Peru is currently the largest gold producer in South America, hosting mines which have produced up to 26 million ounces of gold. A highly mineral-rich country, Peru is one of the world’s top producers of gold, silver, copper and zinc.
On behalf of the Board,
INCA ONE RESOURCES CORP.
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