ICG 12.5% 0.7¢ inca minerals limited

resignation of chair---- what if.??, page-16

  1. 3,994 Posts.
    http://www.incaminerals.com.au/userfiles/file/2_inca%20presentation%20nov%20dec%202012.pdf

    INCA MINERALS presentation nov/dec 2012 last updated 5 Dec 2012 (on Inca minerals website under investors then > presentations)

    All previous exploration confirms a large porphyry system is present at Chanape:
    * Breccia cluster (>50 breccia bodies) covering 2km x 1km area
    * Widespread propylitic alteration (actinolite, epidote, chlorite)
    * Widespread sulphidisation (pyrite with chalco, bornite)
    * Widespread gold, silver, copper mineralisation (in breccias)
    * SP Anomaly (subsurface expression of pyrite zone)
    * Magnetic Anomalies (subsurface expression of skarn and/or
    deep propylitic/potassic alteration)
    * Another Porphyry nearby (Toromocho 1.4Bt at 0.51% Cu + Ag +Mo)
    * Satellite porphyry-related Au-base metal deposits


    Slide 16 (last page) ‘why invest?’
    *Exploration company well established in Peru
    *Large porphyry project with large tonnage potential
    - confirmed >2g/t Au eq over 100m in one breccias (OF 50)
    - another breccias with Au over 200m interval
    *Steady news stream as chanape progresses through discovery and resource definition stages
    *Likely rerate potential as drill out commences next month (The company said this THEMSELVES!)
    *TSR since last raising = 53%

    It’s clear that management clearly know what they are onto here and have known since the end of last year if not way before that.

    2013 – completion of surface geochemistry and alteration mapping, and commencement of drill out.

    *Develop Chanape Project into large porphyry play
    * Develop pipe-line of porphyry projects
    * Seek value propositions with major mining houses operating in Peru or seeking to enter Peru – )(I like this bit a lot!!!!)

    Lots of great stuff to come IMHO.
    As always DYOR and do not construe this as financial advice.
 
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