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Inca Minerals Ltd (ASX: ICG)

Zinc has emerged as one of the best performing metals of 2016.

Inventories are scraping the bottom, large zinc mines are closing – however the demand for zinc continues to rise.

This is music to Inca Minerals (ASX:ICG)’s ears, as it steadily builds a case for a solid maiden JORC resource in Peru, chiefly with zinc, but a fair bit of silver and lead in there also.

We first wrote about ICG when it was trading at just $0.004 per share. Since then ICG has been progressing with its mapping and sampling work, and it continues to uncover highly mineralised veins…

With permitting moving forward, next on the cards is drilling for ICG…

In its latest results, ICG announced very strong zinc, silver, lead mineralisation and grading between 24-34% Zn, 340-350g/t Ag and 23-27% Pb, which can be considered stellar early figures.

In fact these figures are so good that the company is hoping for a substantial Resource once extensive drilling has been undertaken and a JORC definition is completed.

The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

ICG is currently doing all the necessary pre-drilling surface sampling work and hitting their timelines.

Upcoming drilling could make ICG the brightest junior in its class and could push its current $15 million market cap to new levels.

 

Latest Article

Zinc Explorer ICG Begins Maiden Drilling Campaign in Peru

We’ve been tracking a particular zinc junior for a while now―our last Next Small Cap article on this company was in September last year. Its name is Inca Minerals (ASX:ICG). ICG has a portfolio of zinc projects in Peru that are making headlines and turning heads. And since September last year, a lot has happened.

Mar 20, 2017 Continue Reading

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

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