ICG inca minerals limited

Ann: Potential For Phosphate Mineralisation at Frewena, page-21

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    ICG do not have the funds to exploit the Phosphate by themselves
    ICG do not have the funds to exploit Mt Lamb by themselves

    ICG do have the funds for some drilling into known gold/ silver/ copper veins at JE

    even if the outstanding assays for Mt Lamb are economical - ICG do not have the funds to drill more deep holes at Mt Lamb

    thus Mt Lamb and the Phosphate need to be JV with the new party to finance drilling same per ICG time frame

    brings us back to makung a discovery at JE as the priority

    of course a JV at Mt Lamb and the Phosphate can wait a couple of years if necessary
 
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