Nice write up of ICG in Small Caps. We have BHP next door,...

Nice write up of ICG in Small Caps.  We have BHP next door, Chinalco interest and Glencore sniffing from the hills.  Going to be an interesting few months.

https://*********.com.au/zinc-stocks-asx-ultimate-guide/

Peru, the new zinc frontier?
Peru-focussed Inca Minerals (ASX: ICG) reported last Friday it had intercepted zinc grading 40.92% at its Cerro Rayas project in the country. Sampling at previous small-scale mines had returned assays in excess of 30% zinc.
Inca Minerals’ managing director Ross Brown said the Cerro Rayas was proving to be an “exciting” project for the company.
It looks like Inca Minerals may be onto a good thing, with Swiss-based heavy weight Glencore Plc (LON: GLEN) announcing last week it was increasing its stake from 7.68% up to 28.07% by purchasing between US$531 million and US$956 million shares in Peru’s largest zinc miner Volcan Compania Minera SAA.
Due to the quality of its ore deposits, Volcan is considered one of the world’s lowest cost zinc producers, making it economically viable during lower pricing environments.