Peruvian Gold Processor, Inca One Gold, Retains Jett Capital to Raise up to US$20 Million for Expansion - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - September 29, 2015) - Inca One Gold (TSXV: IO) has retained Jett Capital Advisors as the company's exclusive financial advisor and placement agent, to assist the company in raising, on a best efforts basis, up to USD$20 million in debt facilities. These funds will be used to expand the company's mineral processing operations in Peru, up to a total of 500 tonnes per day from the current 100 tonnes per day, as well as for related inventory build-up.

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A highly mineral-rich country, Peru is one of the world's top producers of minerals, ranking 6th in gold production, 2nd in silver production, and 3rd in copper and zinc production. To modernize Peru's informal mining sector, to capture tax revenue, and to minimize the environmental damaging methods informal miners use to extract metal from ore, informal miners are required to have their ore processed at permitted mining facilities.

The company recently acquired a carbon desorption plant to provide an additional layer of vertical integration. The new plant will perform the desorption step previously conducted by third parties, thereby removing a bottleneck and help the company reduce operating costs.

During the period between January 2nd and July 31st, the company processed approximately 8,500 ounces of gold resulting in sales of more than US$9 million. Over the last eight weeks the company has made adjustments in the milling and leaching operations at the Chala One plant which has increased the net revenue margins from a somewhat inconsistent range of up to 25% to a more consistent 40% to 50% range.

Edward Kelly, President and Chief Executive Officer, stated: "The Chala One plant has delivered a solid performance during its expansion, start up, and since the commencement of commercial production. The Company has laid the foundation for the plant's performance on an ongoing basis into the future. The addition of the desorption plant and the full implementation of its operation at Chala One will further enhance our economic and operating efficiency at the plant."

The shares are trading at $0.105, and with 73.7 million shares outstanding, the company is capitalized at $7.7 million.

For more information please visit the company's website at www.incaone.com, contact Konstantine Tsakumis at 604-568-4877 or by email at irincagold@incaone.com.

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