International Enexco Limited (fka IEXCF)

[canucklehead80]

Red And Green
Intl Enexco Will Produce Smelter-Free Copper in Nevada
Kevin Michael Grace

October 22, 2012 - International Enexco’s V.IEC Contact Copper Project was already projected to be a nice little earner even before its revised resource estimate. Now it looks to be nicer still. “We increased our measured and indicated resources by almost half,” COO Bill Willoughby tells Resources Wire. “Over the last five years, every time we had a drilling program, we made significant gains in our resource base.”

This increased resource follows a doubling of its property in Elko Country, Nevada, just south of Idaho and just west of Utah. The company bought 8,400 adjoining acres from Allied Nevada Gold T.ANV for 3.2 million shares in September 2011. Allied Nevada now owns just under 10% of the company.

Read the rest of this article about International Enexco and their Nevada copper play here. http://resourceswire.com/2012/10/red-and-green/