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- Inca Minerals (ICG) has identified major porphyry and skarn targets at its MaCauley Creek Project in Queensland
- In particular, the independent review outlined a large, central porphyry target which has been dubbed the “Brolga” prospect
- Importantly, this prospect corresponds with previous workings and prospects that showed bonanza-grade silver and strong copper mineralisation
- Additionally, a skarn target was identified and has been named the “Mount Podge” prospect
- Inca will study the targets further to assess the priorities for future drilling
- Company shares are trading flat at 11.5 cents
Inca Minerals (ICG) has identified major porphyry and skarn targets at its MaCauley Creek Project in Queensland.
These targets were discovered through an independent review conducted by an expert consultancy.
While all targets support the project’s potential for porphyry and skarn mineralisation, Inca is particularly pleased with the discovery of a central porphyry target. This target measures five kilometres by 10 kilometres and has been named the “Brolga” prospect.
The Brolga prospect corresponds with previous mine workings and prospects that returned bonanza-grade silver and strong copper mineralisation. Historical drilling also uncovered shallow copper-silver-lead-zinc mineralisation.
In addition to the Brolga porphyry target, the review identified a skarn target to the southeastern area of the project. This target has been named the “Mount Podge” prospect and is considered high-priority.
“MaCauley Creek now hosts high-quality epithermal, porphyry and skarn targets that undoubtedly warrant follow-up exploration programs, including a ground geophysics survey,” Managing Director Ross Brown said.
This review has strongly reinforced the MaCauley Creek Project’s porphyry-skarn
potential. Inca Minerals plans to conduct further exploration to identify which targets are a priority for future drilling.
Company shares are trading flat at 11.5 cents at 11:06 am AEST.
