Inca Minerals finds ‘bonanza’ silver at Riqueza in Peru
  • Junior resource explorer Inca Minerals (ICG) has found bonanza grades of silver at its project in Peru
  • Bonanza grades of silver reaching 1214 grams per tonne was recorded
  • A mapping and sampling program also identified high-grades of copper and zinc
  • The company says it is compiling data to outline priority targets
  • Inca Mineral's share price is remaining flat today, currently trading for 0.2 cents each

Junior resource explorer Inca Minerals (ICG) has found "bonanza" grades of silver at its Riqueza project in Peru alongside stand-out grades of copper and zinc.

One sample returned a result showing a silver grade of 1214 grams per tonne. A second sample recorded a silver grade of 519 grams per tonne.

A copper highlight included a grade of 4.84 per cent, and the best zinc grade identified from the samples taken was 31.36 per cent.

The results follow a mapping and sampling program at the project which sought to test previously observed targets of mineralisation. Unexplored sites thought to be prospective based on collected airborne and satellite data were also sampled.

In total, 95 rockchip samples were taken and tested from the Yanacolipa and Cuncayoc Copper-Ajo Orjo geochemical areas at the project.

Earlier this month the company also completed a soil program at the project which collected 1286 samples.

Managing Director of Inca Minerals Ross Brown explained the collection of data allows for the company to being outlining areas to target at the project.

"The purpose is to start drawing together different data sets to begin the process of target prioritisation," Ross said.

Inca Mineral's share price is remaining flat today, currently trading for 0.2 cents each.


ICG by the numbers
More From The Market Herald
Golden State Mining (ASX:GSM) - Managing Director, Mike Moore - The Market Herald

" Golden State Mining (ASX:GSM) receives final assay results from Yule

Golden State Mining (GSM) has received final assay results from phase two aircore (AC) drilling at the Yule Project.
Ora Banda Mining (ASX:OBM) wraps up Davyhurst DFS

" Ora Banda Mining (ASX:OBM) focuses on production during December quarter

Ora Banda Mining (OBM) has released its latest quarterly report, showing it spent much of the period gearing up for the resumption of
Northern Minerals (ASX:NTU) - CEO, Mark Tory - The Market Herald

" Northern Minerals (ASX:NTU) trades red on latest WA drill results

Shares in Northern Minerals (NTU) are down today despite what the company called “encouraging” first assay results from a recent WA drilling program.
Firefinch (ASX:FFX) delivers initial MRE for Morila gold deposits

" Firefinch (ASX:FFX) in dispute with the Malian tax department

Firefinch (FFX), formerly Mali Lithium, has been served with a partial assessment from the tax department of Mali in relation to the Morila