- Inca Minerals (ICG) has highlighted nine new targets during a review of exploration data at its Riqueza Project in Peru
- This brings the total number of drill targets to 28 — all of which are prospective for various styles of mineralisation
- These targets occur over a 7.5 kilometre-by-7.5 kilometre area and indicate a very large intrusive-related gold-silver-copper-lead-zinc system
- Inca plans to conduct a drilling program across these targets, which now totals 43 holes for 19,010 metres of drilling
- Company shares are trading flat at 0.3 cents
Inca Minerals (ICG) has conducted a review of exploration data of all recent programs completed at its Riqueza Project in Peru.
The review has identified a further nine drilling targets that are prospective for gold-silver-copper epithermal, gold-copper porphyry and silver-lead-zinc carbonate mineralisation.
In June, an independent consultancy highlighted 14 targets at the Riqueza Project. This was followed by a further five targets being outlined in late July.
This brings the total number of drill targets to 28 — all of which are prospective for epithermal, porphyry, skarn, carbonate replacement and volcanic-hosted massive sulphide (VHMS) mineralisation.
The nine new targets include Yanacolipa 1, Callancohca Structure, Pinta, Pampa Corral 2, Colina Roja 2, Cuncayoc 4, Cuncayoc 5, Huasijaja 2, and Alteration Ridge 2.
These targets occur over a 7.5 kilometre-by-7.5 kilometre area and indicate a very large intrusive-related gold-silver-copper-lead-zinc system.
Inca plans to conduct a drilling program across these targets. With the nine added targets, the final proposed drilling program now totals 43 holes for 19,010 metres of drilling.
The drill permitting process has started, the drill hole locations have been pegged and the environmental baseline study has been completed.
Company shares are trading flat at 0.3 cents each at 11:44 am AEST.