INDICO RESOURCES LTD.
Indico Resources Ltd. (IDI) is a Canadian based junior exploration company with a focus in the discovery and exploration of Porphyry copper gold deposits. The current efforts of the company are on the Ocaña and recently optioned Maria Reyna porphyry copper-molybdenum projects in southern Peru - a country with an extensive history of mining. The second phase of drilling is underway at Ocaña and will help outline higher-grade material within this large, potentially economical porphyry system. Exploration efforts are strengthened by robust prices and the strong fundamental long term outlooks of copper, gold and molybdenum.
By combining Canadian and Peruvian business and mining expertise, Indico Resources is positioned for success. A highly regarded geological team with discovery, development and acquisition experience at successful exploration companies such as Norsemont Mining and Corriente Resources will quickly and efficiently develop the prospective projects to their full potential. The company is well financed and has budgeted funds to quickly evaluate and determine the existence and extent of a porphyry copper deposit. In addition to the Ocaña and Maria Reyna projects, Indico Resources is looking at other properties of similar characteristics in Peru.