Ann: Landowner Negotiations Successfully Completed - Frewena, page-130

About 8 months ago, on 31.5.21, ICG said “As part of refined target definition, to de-risk future drilling, to the extent it can, Inca has engaged a respected IOCG expert, Mr Nigel Maund, to complete core logging of both NDIBK04 and NDIBK01. Logging will focus on the known mineralised intervals of both NDIBK04 and NDIBK01 for the purposes of better understanding the style of the mineralising system.”

In the last Quarterly Activity Report on 19.1.22, ICG said “ The Company had also planned to independently log the drill core for NDI holes and 1 and 4, however this has been delayed due to COVID restrictions and State border lockdowns over the past year. This remains a priority task for the Company and it is investigating all practical options with NTGS to ensure that it is done as soon as possible.” and I assume this is still referring to Nigel Maund.

This 24-min interview with Nigel Maund (https://vimeo.com/444769312) shows that his opinion on the mineralisation in NDIBK04 and NDIBK01 would be valuable and I’m looking forward to it. He obviously has a good knowledge of Australia wide IOCG (and Sedex) deposits.