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Inca Minerals Ltd.
Summary
| Project: | Riqueza | |
|---|---|---|
| Deposit: | Humaspunco | |
| Location: | Peru | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 10/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-10-2017: Inca Minerals Ltd. announces an Exploration/Drilling Update report for its Humaspunco deposit at the Riqueza project. Drilling results incl. 1.6m @ 4.09% Zn, 81.2g/t Ag, 1.965% Pb, 627.2ppm Cu from 9.5m. Inca Minerals Limited (Inca or the Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ross Brown (Internal) | |
| ABSTRACT: | Inca Minerals Limited (Inca or the Company) (ASX code: ICG) has received assays and drill core logging data from Riqueza, the Company’s second Zn-Ag-Pb project. RDDH-016, RDDH-017 and RDDH-018 were drilled at the NE end of the Humaspunco Prospect (Riqueza) and results confirm strong mineralisation in NS-trending vein, HV-025, one of a series of similar trending veins that occur in the NE corner of Humaspunco. “Drill holes RDDH-016 and RDDH-017 were drilled from the same platform in a SE direction to intersect a number of NW-trending veins that outcrop in area with intense shallow mine workings” says Inca’s Managing Director, Mr Ross Brown. “Although grades are variable, not only were all the known veins intersected, significant other forms of mineralisation were identified. Importantly, low grade mineralisation has been identified with breccias, structures and tension gash veins. These features are elements of the mineralised Callancocha Structure. Drill hole RDDH-018 was drilled from the same platform as RDDH-016 and RDDH-017, but in a SW direction (90˚ to RDDH-016). It was designed to intersect the large EW trending veins that occur in outcrop across Humaspunco and in several of the prior drilled holes. “Although grade in RDDH-018 is generally low, once again, all of the target veins were intersected” says Mr Brown. “As the most easterly hole (drilled to date) intersecting these veins, we have now demonstrated that veins HV-10, HV-09, HV-06 and HV-08 (north to south order in outcrop) have a strike extension below the surface of at least 300m”. | |
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