viewInca Minerals Ltd

Inca Minerals Ltd discovers mineralised bodies, assays pending


Inca Minerals Ltd (ASX:ICG) has mapped and sampled 31 new mineralised bodies at the company’s zinc-silver-lead Riqueza Project in Peru during the month of August.

The 31 newly discovered veins and mantos (polymetallic replacement deposits) are located at the Humaspunco and Pinta prospects and take the total number of mineralised bodies from 30 to 61.

The Riqueza Project is turning out to be highly prospective, with peak grades from Inca’s June mapping and sampling at Pinta grading 10% zinc, 240 g/t silver and 11.5% lead.

The frequency of discovery and the doubling of known mineralised bodies suggests more discoveries are expected in areas not yet covered.

The manto horizons discovered at Humaspunco and Pinta do appear part of a large manto horizon system, 2 kilometres by 800 metres and open ended to the south.

The extensions to the high-grade manto sequence may provide a significant increase in size and tonnage potential at Riqueza.

Samples from the August program have been submitted to the laboratory, with assay results expected to be reported in September.

Inca Minerals is well funded after raising more than $2.9 million recently from a rights issue and a share placement.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

Quick facts: Inca Minerals Ltd

Price: 0.0025 AUD

Market: ASX
Market Cap: $7.85 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: Tlou Energy's Tony Gilby updates on Lesedi production ahead...

Tlou Energy Limited’s (LON:TLOU) Tony Gilby speaks to Proactive London's Andrew Scott ahead a site visit next week. He says they've made an excellent start to flow testing at its Botswana coal bed methane wells. Gilby adds that, like most new CBM wells, the Lesedi operation is expected to...

3 hours, 6 minutes ago

2 min read