ICG 0.00% 0.4¢ inca minerals limited

Ann: Copper-bearing Vein System Doubles in Width at Jean Elson, page-25

  1. 493 Posts.
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    Very compelling target IMO. I am looking to enter ICG but I am still doing my DYOR. This project is very exciting but I found the below snippet a bit contradictory:

    From Ann:
    Next Steps

    The 2020 and 2021 field trips (the latter the subject of this announcement) have confirmed the exploration potential of the
    Jean Elson Project, which is highly prospective for IOCG, orogenic gold and “Winu”-style mineralisation.

    Inca is committed to a fast-paced exploration program at this project, without compromising exploration standards. The
    Company has already engaged a firm for the purposes of conducting a project-wide airborne magnetic and radiometric survey
    (AMAGRAD) and has also applied for a NTG co-funding grant this for program.

    The AMAGRAD program is scheduled to commence in the second half of 2021.

    Surely a few lines of Aircore are warranted even before the AMAGRAD is interpreted?? The information from that drilling (which could deliver a discovery hole) would be valuable data for planning some deeper RC/DD to potentially find the next Winu/Olympic Dam.

    Is it a positive that they are frugal with funds and waiting for a Co-funding grant? I will keep digging into ICG, But Blueswims holding is always a positive in my experiences.

    All IMO DYOR


 
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