ICG 0.00% 0.4¢ inca minerals limited

Ann: Inca Minerals Corporate Presentation, page-17

  1. 3,602 Posts.
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    1lluminator,

    With the description of Mega targets, it’s in the realm of possibilities. Mt Lamb is an interesting beast and could get there, the fact that it’s metamorphosed will make it tantalising if it is. Normally you wouldn’t get 300m+ of sulphides in a drill with sedex deposits. Grades with the metamorphosed sedex deposits tend to be excellent. Just look at recent results at jervois with KGL drilling finding massive chalcopyrite/bornite.

    I’m just curious as the indicator minerals in hylogger were Cu K (potassic) where the Cu mineralisation increased close to base of hole. It will be very interesting with further drilling and how the deposit is classified going forward (Sedex, metamorphic (bht) or potential IOCG/mixed). Eleven holes will be watched with great interest, either way with 18km of strike of structure the potential can easily be >1Bt of mineralisation. A unique world class beast indeed.

    best of luck holders
 
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