Two 100% owned projects, great value Au, Cu, Ag + IOCG

Only just come across this one last few days but really like the look of it.

In this market most gold stocks that raise capital for immediate exploration go on to perform exceptionally well. I hold at least 4-5 that have more than doubled in the last few months on SPP then drilling. If you can get in close to raise price as possible you tend to do well.

I particularly like that ICG has 2 projects that are both 100% owned. Most ASX junior end would have farmed out 70-80% to the likes of a BHP or RIO by now. Again I can name plenty. ICG have gone the smart route by raising money via shareholders and funding exploration themselves.

Riqueza Project in Peru

- Has over 24 drill targets
- Large scale Cu, Au, Ag mineralisation
- Expecting over 200Mt
- 5km away from Anglo American tenements

Expect to be drilling before the end of the year.



Australia Projects

- 3 projects covering 2,000 sqkm
- all walk up IOCG tier 1 targets
- NT government now classed area at Tier 1 IOCG area



From memory AZS farmed out 80% of their Promontorio Project to a subsidiary of RIO for US$95M. Gives you some idea on the value of large scale deposits.

If they raise the whole $7.5M that will be impressive and really set this up. I expect a very short pull back followed by an aggressive push higher. Anything around SPP price I will be happy to take. @pustayo @Bigmarn worth a look.