ICG 0.00% 0.5¢ inca minerals limited

For newbies who haven't seen the mapped East Tennant area......

  1. 1,666 Posts.
    lightbulb Created with Sketch. 991
    For newbies who haven't seen the mapped East Tennant area... here's roughly the area we're talking about (from government presentation Sept 2019).

    https://hotcopper.com.au/data/attachments/1981/1981693-0677f86d64b630acd8a43dc1e25f95a9.jpg

    I've highlighted the general area in black below on the different mapping conducted so far.
    https://hotcopper.com.au/data/attachments/1981/1981695-027e32c1da8b203fb8c571e368051bcb.jpg

    Aubin found the approximate outlines of Inca's Frewena Fable and Frewena Far East... it's a big area!
    https://hotcopper.com.au/data/attachments/2489/2489475-5f7e4433bebc41cd535bb8f021ac6d19.jpg

    Lastly and importantly on the 5 August 2020 a press release was issued by the minister re the East Tennant area...

    Mineral
    potential assessments that found an area east of Tennant Creek could possibly hold new deposits worth about $12.4 billion in gross value. Minister Pitt recently highlighted analysis of new geological data: "Detailed data collected in the East Tennant area suggests it could host a new mineral deposit with characteristics similar to those of the Ernest Henry near Mount Isa – one of the largest copper-gold mines in Australia,”

    https://www.ga.gov.au/news-events/news/latest-news/mineral-deposits-near-tennant-creek-estimated-to-be-worth-billions

    So impressive for Inca to be 'first mover' here just like our mover and shaker Al surprising us all with his acquired Peruvian rock licking lingo.

    Indeed, Al's even getting the nod from the Doc!.. "Took us days to walk that area and to find those silica flooded breccias (in ground previously only mapped as limestone and other sediments) and there is Al, in a flash."

    Paul
 
watchlist Created with Sketch. Add ICG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.