Ann: Assays results for Hole 7 at Mount Lamb, page-7

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WiffaSniffa

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20/09/22

10:21

Post #: 63787266
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Originally posted by Paj187: ↑

Are we looking at the same news?

“Confirmation of elevated geochemistry in FW220007 associated with a large-scale alteration system is an exciting result for
the Company and provides strong validation of the IOCG exploration model at Mount Lamb,” said Inca Exploration Manager,
Mr Rob Heaslop. “To have found a blind IOCG system during our first drill program in a frontier terrane is a major technical
success, with the next challenge being to successfully vector within this system to determine the presence of economic grade
mineralisation. With 15km of prospective strike along the Mount Lamb trend, and significant vertical extent shown by drilling
and geophysical modelling, the potential for a Tier-1 scale IOCG discovery at Mount Lamb is very high.”I'll take this news any day

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Prospective yes. But a Bank balance well beyond ours to Drill it out. Will need a major for sure, as I cannot see ICG being able to raise the required capital given ongoing Market sentiment and ICG's recent form.

The AO's are officially Dust!

ICG Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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Ann: Assays results for Hole 7 at Mount Lamb, page-7

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