Inca One Gold (IO.V) has announced it has produced just over 156 ounces of gold and almost 184 ounces of silver at the Chala One mill facility where test milling was re-started in October. As the first ball mill with a capacity of 50 tonnes per day has now been installed, we are expecting to see Inca One start milling more ore shortly which will increase the throughput per day and the total amount of produced ounces of gold substantially.
We are currently in Peru and will visit Inca One’s plant next week. We will obviously report back with an extensive site visit report.
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Disclosure: The author holds a long position in Inca One Gold. Inca One is a sponsor of the website. Please see our disclaimer for current positions.