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Inca Minerals: Advancing High-grade Gold-Antimony Project in Northern Queensland

March 19, 2025

Inca Minerals (ASX:ICG) is an Australian exploration company focused on uncovering high-grade gold and gold-antimony mineralization. The company recently acquired Stunalara Metals, a transformational deal that enhances its exploration assets.

Inca Minerals’ flagship Hurricane Project in Northern Queensland presents exceptional exploration potential, benefiting from a highly prospective geological setting. With record gold prices and rising demand for critical minerals, Inca is strategically positioned to seize this growing market opportunity.

Gold and antimony prospects at the Hurricane project

Inca Minerals is committed to advancing its flagship Hurricane Project through a high-impact exploration strategy. The company plans to launch a shallow drilling program in Q2 2025, targeting high-priority gold-antimony mineralization identified through rock chip sampling and structural mapping.

Company Highlights

  • The flagship Hurricane project in Northern Queensland features exceptional gold and antimony grades, with assays returning up to 81.5 g/t gold and 35.1 percent antimony. Despite its strong potential, the project remains undrilled, offering a first-mover advantage in an underexplored high-grade system.
  • A shallow, cost-effective drilling campaign in Q2 2025 aims to define a maiden gold-antimony resource at Hurricane, with the potential to deliver rapid upside for shareholders.
  • Inca Minerals’ acquisition of Stunalara Metals significantly expands its footprint across Queensland, Tasmania and Western Australia, strengthening its exposure to high-value gold and critical minerals like antimony.
  • With China restricting antimony exports and global supply tightening, Inca is well-positioned to benefit from rising demand across the energy storage, defense and high-tech sectors.
  • Northern Queensland has seen limited modern exploration compared to Western Australia. Inca is leveraging advanced techniques to uncover new high-grade gold-antimony systems.
  • Led by an experienced team with a track record of discovery success, Inca maintains a disciplined capital allocation strategy to maximize shareholder value

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