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Inca One Commences Sustainability Program in Peru

Investing News Network
Feb. 22, 2012 08:38AM PST
Gold Investing

As part of the permitting process in Peru, Inca One Resource Corp. (TSXV:IO) has partnered with Cooperative Agraria Santuario de la Frontera Ltd. in providing education and training in increasing coffee production, quality improvement, certification, and education.

As part of the permitting process in Peru, Inca One Resource Corp. (TSXV:IO) has partnered with Cooperative Agraria Santuario de la Frontera Ltd. in providing education and training in increasing coffee production, quality improvement, certification, and education.

As quoted in the press release:

The Sustainability Program Inca One has committed to will positively impact 800 families who own and operate a combined 1,237 hectares of coffee-growing farms in the area surrounding the Company’s mineral resource project for the next three years. It will also train more than 1,200 individuals on maximizing coffee yield from their current operations, which will triple their current yield by the third year. The total increase in economic benefit due to higher coffee yields will be approximately US$1.5 million per year once the Sustainability Program has been fully implemented.
Furthermore, Inca One’s Sustainability Program is focused on creating a high-impact socioeconomic program while mitigating direct costs to the Company. The Company has engaged local and national government organizations to both increase the impact of the initiative and defray the costs.

Inca One CEO, Edward Kelly, said:

“The start of the Sustainability Program is another positive step forward for Inca One. The program is critical to maintaining the strong relationship we have with the local community and our future success in Peru. This program offers tremendous benefits to the Company and both direct and indirect stakeholders of our project.”

Click here to read the Inca One Resource Corp. (TSXV:IO) press release
Click here to see the Inca One Resource Corp. (TSXV:IO) profile.

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