IrminSurface Exploration - The Irmin property covers an area with widespread color alteration anomalies discernible from satellite images. These are typical of large porphyry copper-gold systems. Rock types, alteration, and veining on the property are consistent with the porphyry model. The surface exploration work completed includes a ground geophysical survey (magnetic and induced polarization), detailed structural and alteration mapping, geochemical surveys (talus fines, rock and trench sampling), and interpretation of satellite imagery. This work has defined the primary target Jimena and the secondary target Waka Waka.
Satellite Imagery & Geochemistry - The high resolution satellite imagery over Irmin clearly shows a large (3 km) coherent area of intense clay and iron alteration at the Jimena Prospect, typical of a large porphyry system. The Waka Waka anomaly to the east is smaller and less coherent. The 2010/2011 regional talus fine program returned highly anomalous copper and molybdenum values concentrated over these intensely altered areas. The Jimena Target covers an area of approximately 1.5 km x 1 km, which is just the southern half of a 2 km X 3 km anomaly bisected by the concession boundary. This has been the focal point for all drilling completed by Indico since August 2011, as well as the focus of exploration on the neighbouring ground to the north, where Trafigura drilled ten holes along the property boundary.