ICG 9.09% 0.5¢ inca minerals limited

Ann: The Inca Minerals Share Purchase Plan , page-63

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    Not being an expert, could someone please advise whether what looks good to me is really good.

    EXTRACTS FROM REPORTS SEPTEMBER AND DECEMBER
    September 20
    CH-DDH003 was drilled on an access track approximately 50m from Inca’s CH-DDH002 and a previous explorer’s hole CH12 (Figure 1, 2). The Company had previously announced (December 2012 Quarterly Report) that CH12 was drilled into a breccia pipe (Breccia Pipe 10) and that it had a gold intersection of 1.18/t Au and a silver intersection of 7.27/t Ag over an interval of 102m from 15m. Detailed mapping during the phase 1 surface exploration program subsequently showed that hydrothermal brecciation was not just confined to a discrete body (pipe) but occurred more pervasively throughout the vicinity. Hole CH-DDH003 was designed to determine the extent of gold associated with brecciation between drill holes CH12 and CH-DDH002 (Figure 1, 2).
    CH-DDH004 has targeted a hydrothermal tourmaline breccia with coincident surface geochemistry (peak values of 1.22g/t Au and 24.33g/t Ag), and geophysics.
    CH-DDH005 targeted a hydrothermal tourmaline breccia with coincident peak geochemistry of 18.5g/t Au and 50.3g/t Ag.
    ---

    26 September 2013
    • _Significant epithermal mineralisation intersected in first holes of current drilling program
    ? _CH-DDH003 confirms broad gold/silver mineralisation in known gold-bearing breccia zone
    ? _CH-DDH005 identifies gold/silver mineralisation in new breccia zone
    ? _Results include:
    ? _62m @ 0.59g/t Au and 4.8g/t Ag from 0m to 62m in CH-DDH003, including:
    • _16m @ 1.17g/t Au and 7.6g/t Ag from 14 to 30, including:
    • _7m @ 1.98g/t Au and 9.55g/t Ag from 20m to 27m
    ? _4m @ 0.76g/t Au and 12.22g/t Ag from 71m to 75m in CH-DDH_
    ? _Epithermal gold and silver mineralisation with associated lead and zinc mineralisation confirms upper levels of porphyry system identified in this shallow drilling

    10 December 2013

    • _Broad intersections of gold, silver and copper intersected in latest epithermal holes
    ? _Maximum values (per sample per metre) include: gold: 17.4g/t, silver: 257g/t, copper 4.1%, lead: 1.5% (all in CH-DDH007)
    ? _CH-DDH006 and CH-DDH007 define width of mineralisation at Hydrothermal Breccia 8
    o CH-DDH006: 66m @ average 0.93g/t gold, 14.64g/t silver and 0.24% copper from 33m
    o CH-DDH007: 78m @ average 1.1g/t gold, 16.51g/t silver and 0.26% copper from 35m
    ? _Down hole width of mineralisation increases with depth
 
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