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Inca Minerals Limited ( (AU:ICG) ) has issued an announcement.
Inca Minerals Limited has undertaken several strategic actions in its December 2024 quarter, aimed at consolidating and streamlining its exploration activities within its financial capacity. Key developments include fieldwork at the Frewena tenements for rehabilitation and exploration, approval for delayed drilling at the Kestrel target, and a grant application for an IP survey in Queensland. The company is also negotiating with Traditional Owners for exploration at the Collia South tenement and has raised $831,000 from sophisticated investors. These efforts are expected to enhance Inca’s exploration prospects and strengthen its market position.
More about Inca Minerals Limited
Inca Minerals Limited is a mineral exploration company focused on discovering Tier-1 mineral deposits in Australia. The company is engaged in identifying and developing mineral resources, particularly through exploration activities in various tenements across regions such as the Northern Territory and Queensland.
Average Trading Volume: 5,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.55M
See more data about ICG stock on TipRanks’ Stock Analysis page.