ICG inca minerals limited

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Ann: Maiden Australian Drill Program Successfully Completed, page-64

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brauninc

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30/07/22

08:39

Post #: 62825503
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Originally posted by Paj187: ↑

I was reading different * articles tonight and thought I'd print out the last two bits of news they had on ICG, just for SH to remember why we are here and to maybe see some news elsewhere other than in our announcements; I think the last one summarises it the best.

Wait for those results SH, enjoy the weekend.

10/6/22
"INCA MINERALS (ASX:ICG)The very first drillhole into ‘Mount Lamb North East’, part of the ‘Frewena’ IOCG-SEDEX project in the NT, hit a down-hole interval of +500m of Iron Oxide Copper-Gold (IOCG)-style alteration and vein/breccia-hosted sulphide mineralisation. Iron oxide copper gold ore deposits (IOCG), like Olympic Dam, can be tremendously large and simple-to-process concentrations of copper, gold, and other economic minerals.Sedimentary exhalative deposits (SEDEX) are monstrous accumulations of zinc and lead, accounting for 25% of global zinc and lead production, and six of the 10 largest active zinc mines globally. They are also an important source of silver and copper. The second hole at Mount Lamb NE has commenced and is currently at a depth of 437m"

28/7/22
"Inca Minerals (ASX:ICG) completed its maiden Australian drilling program at Greater Frewena Group Project in the Northern Territory, hitting 8 from 8 holes with copper +/- zinc-lead sulphides, which is beyond expectations Inca had coming into this leg of its exploration"

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The "Beyond the companies expectations", has appeared a few times now in print. I am sure this line was never used in the Riqueza drill months ago. Something very odd is happening to be honest. Dropped 75% from the 15 cents a few months ago. "Visible zinc lead and copper in the core". Shouldn't the price be rising on this Rob Heaslop quote? Rob's quote there at the RRS Conference suggests there is no need to wait for assay results and the company has never been as bullish as they are now so why the negative sentiment in the price? If games are being played with the share price i am pleased as i would rather see games than a share price that justifies a falling price.

ICG Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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Ann: Maiden Australian Drill Program Successfully Completed, page-64

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Ann: Maiden Australian Drill Program Successfully Completed, page-64

Top Stories

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