- Inca Minerals (ICG) upgrades the potential of its MaCauley Creek Project in North Queensland after sighting copper mineralisation
- A recent surface mapping and sampling program found visible skarn-style copper in multiple locations across its Mount Brown, Wallaroo and Carraway North prospects
- A total of 110 samples were collected from 12 prospect areas, with mineralisation extending over 850 metres in strike length in one instance
- As a result, MaCauley’s potential has been elevated and is thought to be an exceptional exploration project warranting considerable exploration
- Inca Minerals last traded at 12.5 cents on August 25
Inca Minerals (ICG) has upgraded the potential of its MaCauley Creek Project in North Queensland after sighting copper mineralisation.
A recent surface mapping and sampling program found visible skarn-style copper mineralisation in multiple locations across its Mount Brown, Wallaroo and Carraway North prospects.
A total of 110 samples were collected from 12 prospect areas, offering a variety of exposures, and sent to labs for analysis.
The program aimed to investigate recently identified prospect areas in the northern part of the project generated from an independent review and remodelling of historical geophysical and geochemical data, while also looking into new locations in the central and southern parts.
Mapping identified several mineralised skarn occurrences and a gossanous porphyry, also known as the weathered remains of sulphide mineralisation.
The Wallaroo Prospect saw visible skarn-style copper mineralisation extending over 850 metres in strike length, while Carraway North saw visible copper extend over 550 metres strike length, with widths varying up to 15 metres.
As a result, the project has been elevated in terms of its potential to host skarn and porphyry mineralisation at the MaCauley Creek Project.
Inca said MaCauley is now considered an exceptional exploration project warranting considerable fast-tracked exploration.
Inca Minerals last traded at 12.5 cents on August 25.