I beg to differ @seals and agree with @allens re Riqueza's Cu potential... Remember, s32 walked BEFORE the final independent report was released due to covid and exploration budget constraints (most majors did this in fact).
Check out 22 Feb 2021 Ann EXPLANATION OF NE AREA DRILLING AT RIQUEZA. In Appendix 1 it unpacks the potential Cu in the Mega Targets 1 & 2. Here's my analysis from a previous post...
Note on pages 7-8 they overlay an example of an existing Tier 1 deposit down the road... which is actually the Toromocho Copper Mine with some 2.3 billion tonnes and a 30 year mine life (Cu/Mo/Ag).
Interestingly, Chinalco are owners of the Toromocho Mine and are planning to invest a further $1.3 billion to extend the mine.
https://silkroadnews.org/en/news/chinese-company-to-invest-1-3-billion-in-copper-mine-in-peru
Not a bad comparison and it tells us that we are definitely in elephant country... again!
Imagine what would happen to the little old Inca share price... IF we ended up with something similar in Peru and/or Oz.
Seriously, imo Inca 2021 Imminent Explorer of the Year!
Poet
Ann: PERU DRILL PERMIT UPDATE, page-74
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