Sunday, December 15, 2024

Inca Minerals: Launches VTEM survey to refine drill targets at Jeal Elson, NT

Inca Minerals Launches VTEM survey to refine drill targets at Jeal Elson, NT

  • Inca Minerals (ICG) kicks off fresh geophysical work to refine drill targets across its Jean Elson iron-oxide-copper-gold (IOCG) project in the Northern Territory
  • The company launches an airborne versatile time domain electromagnetic (VTEM) survey over five prospects to test for massive sulphide occurrences
  • Once complete, Inca then plans to commence a gradient array induced polarisation (GAIP) survey in mid-September
  • The work comes as Inca lodges an application for a third exploration licence in the area to increase its Jean Elson footprint to over 2100 square kilometres
  • Shares in IncaMinerals are up 6.52 per cent to 4.9 cents at 11.08 am AEST

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