Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Inca One Acquires 100% Option on Corizona Gold Mining Concession

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/07/13 -- INCA ONE RESOURCES CORP. (TSX VENTURE:IO) -

Highlights include:


--  Authorized by Peruvian Government to produce up to 350 tons per day
    while working on formalizing commercial operating permits 
--  200+ meters of previous workings and underground tunnels 
--  Great infrastructure including roads, mine buildings, grid power &
    running water on site 
--  Five potential high-grade gold veins on the Project show evidence of
    1,200m strike

INCA ONE RESOURCES CORP. ("the Company" or "Inca One") is pleased to announce that it has entered into an Option Agreement ("Agreement") with Canadian Mining S.A., pursuant to which it has been assigned an option to acquire 100% of the Corizona Mining Concession ("Corizona Project" or "the Project").

The Project is located in the Lahuaytambo District, Huarochiri province in the Department of Lima, the area is known as Cruz de Laya and La Mina, approximately 85 kilometers from the city of Lima or a 2.5 hour drive. The Corizona Mining Concession consists of 259 hectares recorded in the Public Registry Office of Lima.

The Corizona Project is subject to a formalization process, which allows exploration and production of up to 350 tons per day while working towards formal operating permits and authorizations. Canadian Mining S.A. is a private Peruvian company which has an option to acquire the Project from the underlying property owner. It is submitting an IGAC (Corrective Environmental Management Instrument) to the Ministry of Energy and Mines as due procedure to obtain commercial operating permits.

Previous work on infrastructure, exploration and engineered mine development has been performed on the Project. Roads and an office have been built to the Project, while running water and electricity is on site.

The Corizona Project contains a large hydrothermal system with gold hosted in a hematite-chlorite-quartz structurally controlled en echelon veins. The veins intruded with rhyo-dacitic dykes in parallel fractures along andesite-dacite tuff volcaniclastic bedding planes. The high grades of gold referenced below are associated with quartz-iron oxide and argillic-kaolinitic alteration. An extensive network of artisan working and pits that span the width of the Project, over one kilometer in strike, suggest the potential for multiple veins.

There are eight known veins on the Corizona Project, two of which (Veins B and C) have been partially mined previously from over 200meters of tunneling and underground workings. Previous work and sampling from these veins have reported very consistent grades of more than 10g/t gold over vein widths of 0.5 to 1.5 meters. Inca One intends to thoroughly resample and map the historical workings, timber the tunnels and commence bulk sampling of the known veins as soon as possible.

In 2010, Mr. Elard Zegarra, a Peruvian engineer, wrote a report on the Corizona Project and although it was not written to 43-101 specifications, the study is consistent with previous mining engineering practices. This study produced an accurate survey of the main existing mine workings on Veins B and C. From the historic sampling (non 43-101 compliant) grades averaged 7.57 g/t gold for Vein B and 11.49 g/t gold for Vein C over a width of 0.7 meters, from samples taken every 2 meters along the 80 meter length of the previous mine workings. Several samples from this previous work reported over 100 g/t gold.

Known veins confirm evidence for up to 200 meters vertical above the level of the main adit while remaining open at depth with 1200 meters strike on 5 separate veins. With further study and diamond drilling to evaluate the resource, under the applicable formalization laws, a near term bulk sample program could potentially be realized by re-opening and modernizing the existing workings using narrow vein, cut and timber, shrinkage stoping methods.

It should be noted that the potential quantity and grade above remains conceptual in nature, and that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in Veins B and C on the Project being delineated as a mineral resource.

The Agreement calls for an initial payment of US$50,000 to Canadian Mining for the assignment. To acquire the Project, Inca One must pay Canadian Mining US$1,950,000 (which includes the payment due to the underlying property owner) on or before December 19, 2014.

"We are very excited to have been able to acquire this option on the Corizona Project," stated Edward Kelly, President and CEO of Inca One. "Our internal geological and financial models suggest it is a low capital risk project with great upside potential."

Inca One intends to work closely with Canadian Mining S.A. and in the near future enter into an agreement for the exploration and development of the Project.

The technical information on the Corizona Project in this news release has been prepared in accordance with the Canadian regulatory requirements set up in NI 43-101 and reviewed on behalf of the Company by John Buckle, P.Geo., an independent Qualified Person under NI 43-101.

About Inca One:

Inca One Resources Corp. (TSX VENTURE:IO) is focused on acquiring and advancing properties in Peru with an option to acquire a 100% interest in the Las Huaquillas Gold- Copper project and an option to earn 100% of the Corizona Gold Mining Concession.

In 1998, Sulliden Resources estimated a geological resource on Las Huaquillas of 6.57 million tons grading 2.09 g/t Au and 25.2 g/t Ag (equivalent to 443,000 ounces of gold and 5.3 million ounces of silver)(i). The historical estimate used a cut-off of 1.5 g/t gold and remains open at depth and along its 2.2 Km strike.

(i) Note: The historic resource was calculated in 1998 and the Company has not completed the work necessary to have the historical estimate verified by a Qualified Person. The Company is not treating the estimate as a current NI 43-101 defined resource and the historical estimate should not be relied upon. The Project will require considerable future exploration which the Company intends to carry out in due course.

More information on the project and Inca one can be found on its web site at www.incaone.com.

On behalf of the Board,

INCA ONE RESOURCES CORP.

Edward Kelly, President& CEO

Statements in this press release 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 such as the risk that the closing may not occur for any reason. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) the inability of the parties to consummate the definitive letter agreement; (ii) fluctuation of mineral prices; (iii) a change in market conditions; (iv) the inability to produce the technical report for any reason whatsoever; and (v) the refusal of the Exchange to accept the proposed transaction for any reason whatsoever. Except as required by law, the Company does not intend to update any changes to such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
KIN Communications
1-866-684-6730
1-604-684-6730
io@kincommunications.com
www.kincommunications.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Enterprise Open Source Magazine Latest Stories . . .
Jelastic on Tuesday announced support for multiple ISV software packages in Jelastic’s products for enterprises, hosting service providers and developers. This support is achieved using OpenShift by Red Hat’s pluggable Cartridge standard, allowing those developers to build application ...
Red Hat on Monday announced OpenShift Marketplace, a one-stop shop that will enable customers to find and try solutions for their cloud applications. The OpenShift Marketplace will bring the power of Red Hat's OpenShift Platform-as-a-Service (PaaS) partner ecosystem directly to OpenShi...
ActiveState on Monday announced that Bernard Golden has joined the company as Vice President of Strategy. Named in Wired.com as one of the ten most influential people in cloud computing, Bernard has extensive experience working with organizations to help them adopt and integrate cloud ...
IBM has identified mobile devices, cloud computing and four other trends that are looking to shape the federal information technology of the future, according to Jane Snowdon, director and chief innovation officer at IBM Federal. In an op-ed for Federal Times, Snowdon writes that mbil...
In his session at 14th Cloud Expo, Chris C. Kemp, former NASA CTO and co-founder of OpenStack, will explore the origins of OpenStack, diving into how this technology advanced NASA’s mission and helped the White House ignite a cloud computing revolution across the federal government. He...
As an informed senior executive, you already know that it's no longer a question of whether cloud service adoption is the right forward-thinking business technology strategy, but rather how you will leverage the abundance of new resources to outpace your competition. More companies ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE