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Inca Minerals Ltd discovers mineralised bodies, assays pending

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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.


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