Proactive Investors - Run By Investors For Investors

Inca Minerals raising funds for porphyry drilling in Peru

Inca Minerals raising funds for porphyry drilling in Peru

Inca Minerals (ASX:ICG) is raising capital, with the ASX granting the company a trading halt.

Inca's shares are currently in pre-open.

Highlights from the company's Chanape project in Peru include: 55 metres at 2.3% copper, 0.6g/t gold and 42.9g/t silver from close to surface.

Mineralisation provides nexus between upper epithermal Au-Ag-Cu mineralisation and lower porphyry Cu-Mo-Ag mineralisation.

Extensive target area provides upside for large scale porphyry system.

New permit set to deliver 22,500 metre drilling capacity.

The halt will be in place until the opening of trade on Monday 28th July 2014, or earlier if an announcement is made to the market.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

View full ICG profile View Profile

Inca Minerals Ltd Timeline

Newswire
March 17 2017
Newswire
February 03 2017
Newswire
November 10 2016
Newswire
September 19 2016

Related Articles

1539587791_Kavango.jpg
October 15 2018
KSZ holds potential for world class base and precious metals deposits
Drilling work at Cinovec
April 29 2019
Here we take a deep dive into the mechanics of European Metals Holdings PLC (LON:EMH) (ASX:EMH), which in the Cinovec project has a tiger by the tail
Helsinki
April 01 2019
In addition to the Mogale alloys plant, Arafak also runs the Stellite, Mecklenburg and Vlakpoort mines

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use