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Inca Minerals Ltd.

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Summary

Project:

Riqueza

Deposit:Humaspunco
Location:Peru
Commodities:Silver-Lead-Zinc
Date:9/18/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:18-9-2017: Inca Minerals Ltd. announces an Exploration/Drilling Update report for its Humaspunco deposit at the Riqueza project. Drilling results incl. 15.8m @ 1.33% Zn, 35.81g/t Ag, 1.33% Pb from 1.6m. Inca Minerals Limited (Inca or the Company) (ASX cod
Resources:x
CP/QP:[Overall Report]: Ross Brown (Internal)
ABSTRACT:Inca Minerals Limited (Inca or the Company) (ASX code: ICG) has received assays and core logging data for holes RDDH-013 and RDDH-014 drilled at the Humaspunco Prospect, Riqueza. Results confirm significant manto style Zn-Ag-Pb mineralisation extending just under the surface in the central part of Humaspunco (Figure 3). Average grades include: 4.97% Zn, 119.6g/t (3.85oz/t) Ag and 3.06% Pb over 1.3m from 10.3m in RDDH-013 (Table 2) and 3.85% Zn and 76.7g/t (2.47oz/t) Ag over 2.3m from 7.4m and 4.03% Pb over 3.0m from 6.7m in RDDH-014 (Table 3). Whilst broad Zn mineralisation is associated with the manto sequence in RDDH-013 (averaging 0.68% Zn over 14.65m from 9.7m), broad Zn-Ag-Pb mineralisation is better developed in RDDH-014 (averaging 1.33% Zn, 35.81g/t (1.15oz/t), 1.33% Pb over 15.8m from 1.6m). As well as in RDDH-013 and RDDH-014, strong manto mineralisation occurs in RDDH-004 (ASX announcement 1 August 2017). In RDDH-004, average manto grades include: 3.04% Zn, 208g/t (6.69oz/t) Ag and 1.84% Pb over 0.55m from 11.45m, 3.26% Zn, 99.6g/t (3.20oz/t) Ag and 3.05% Pb over 1.2m from 14.8m, and 5.66% Zn, 35.7g/t (1.15oz/t) Ag and 1.84% Pb over 2.5m from 23.0m. The broader envelope of manto mineralisation grades 1.73% Zn, 32.3g/t (1.04oz/t) Ag, 1.04% Pb over 15.05m from 10.5m. Other significant intersections include 5.5% Zn, 20g/t Ag over 0.9m from 14.9m in RDDH-014 believed to be associated with a lower part of the broadly mineralised manto sequence (Table 3), and 3.54% Zn, 27.4g/t Ag over 0.75m from 34.4m in RDDH-013 believed to be vein HV-07 (Table 2).

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