Inca Minerals (ASX:ICG) is preparing to start drilling at its Chanape project in Peru to test the area around the high grade copper intersection in hole CH-DDH012.
Drilling will also test the grade epithermal gold mineralisation recently discovered at the summit of Chanape.
The company has now been granted an ASX trading halt pending an announcement concerning the approval status of its semi-detailed Environmental Impact Assessment (sdEIA) permit application.
The halt will last until the earlier of the announcement being made or the start of trade on Friday, 27th March 2015.
Earlier this month, it noted that the Ministerio de Energia y Minas (MEM) had not opened their official electronic portal SEAL due to its current workload.
While the company is optimistic about the likely outcome, until the SEAL is opened by MEM, Inca cannot obtain formal advice from MEM regarding its sdEIA permit application.
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