Another informative report by RB which further explains some of the IP drilling profiles within the Riqueza project focussing on the NE area. This area may contain 2 Antamina sized mineral deposits ie 2 billion tonnes of ore.
Inca Minerals Limited (Inca or the Company) has generated IP (chargeability and resistivity) profiles for the
proposed drilling sites (IP-drilling profiles) to graphically show the coverage relative the IP targets. A selection
of three are provided in this announcement to illustrate the interpretive powers of these profiles.
Three IP drilling profiles of the NE Area are provided:
• IP Line L8595950mN: An east-west orientated line with drill holes RP01, RP07, RP09, RP42 and RP43
(Figure 2).
• IP Line L460900mE: A north-south orientated line with drill holes RP06, RP07, RP08, RP42 and RP43
(Figure 3).
• IP Line L4599750mE: A north-south orientated line with drill holes RP02, RP03 and RP04 (Figure 4).
I am not a geologist but the report is a good explanation for me in understanding the significance of the proposed drill campaign for the NE area.
My thanks to RB and the BODs.
In 12 months I will look back to this moment and say that ICG is so under valued given Riqueza and its Australian properties. IMO a bargain at current prices. DYOR.
Cheers Rob
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