Inca Minerals (ASX: ICG) has defined a large drill target at the IOCG-prospective Mt Lamb Prospect within its Frewena Far East Project, following an independent ground gravity survey.
The company reports that the scale of the target is at such an extent, that the prospect has been divided into two separate areas now known as Mount Lamb NE and Mount Lamb SW.
Gravity image of Frewena Far East, with targets surrounding the government NDIBK04 block. Image: Inca Minerals LimitedThe gravity survey, which was the first undertaken at Frewena Far East, has refined target definition and pinpointed proposed holes for upcoming drilling at the prospects.
Modelling of data from the gravity survey has revealed a number of promising magnetic bodies, with a large gravity-magnetic body from 200m below surface identified in the Mount Lamb NE area.
This new target, which measures ~300m wide at the top and ~1,000m wide at the base, contains a deep seismic signature that shares similarities with known IOCG deposits. Reconnaissance drilling is scheduled for later in 2021, testing the target to at least 600m down hole.
The drill target is located ~3km north east of government drill hole NDIBK04 that had earlier intercepted thick sequences of sulphide mineralisation, including copper-zinc sulphides over a 326.8m interval from 89.5m. Geological indicators from NDIBK04 point to the presence of IOCG-style mineralisation.
The government-retained small exploration block has been released and applied for by Inca.
