Inca Minerals receives archaeological clearance to progress with project

Published at Sep 14, 2016, in Juniors

Inca Minerals (ASX:ICG) has been given the go ahead to progress on its zinc-silver-lead Riqueza Project in Peru.

ICG’s Declaracion de Impacto Ambiental drill permit has now been published on the Ministerio de Energia y Minas’ electronic portal.

The archaeological clearance with ICG receiving its Certificate of the Non-Existence of Archaeological Remains (CIRA) signifies a major step forward in the Peruvian permitting process.

ICG is now able to confidently move forward with its exploration plans.

The drill permit application includes an allowance for up to 14,000 metres of drilling on 20 drill platforms and almost 3,000 trenches.

As results are some way off, those looking at ICG as a potential stock for their portfolio should seek professional financial advice.

Ross Brown, Managing Director of ICG said: “Receipt of the CIRA is one of the milestones signalling strong progress with our drill permit application. While there are more (milestones) to achieve, we can aggressively pursue our strategy to find, refine and define drill targets, confident there will be no cultural or archaeological challenges moving forward.”

With its third mapping and sampling exploration complete at Riqueza, further results from ICG’s program are expected to be out within 10-14 days.

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of Longhou Capital Markets Pty Ltd (AFSL No. 292464). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

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.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Facebook
Twitter
Google Plus
LinkedIn