Inca Minerals Limited Sets Stage for Maiden Drilling at Hurricane Project, Unveiling Expanded High-Grade Gold Mineralisation Potential
Wednesday, June 4, 2025
at
9:20 am
Inca Minerals Limited is progressing its maiden drilling program at the Hurricane Project in Queensland. Secured land access and strong new assays signal exciting potential for widespread gold mineralisation, setting the stage for further exploration of high-grade gold systems.
Inca Minerals Limited has advanced its maiden drilling program at its Hurricane Project, located approximately 125 km west-northwest of Cairns in Queensland’s historically rich Hodgkinson Goldfield. The company has secured land access agreements and is set to complete its cultural heritage survey this week, with a drill rig provisionally booked to enable the commencement of its reverse circulation (RC) drilling once final approvals are obtained.
The project area has recently yielded encouraging exploration results. Geologists identified multiple previously unrecorded zones of quartz stockwork veining adjacent to historic antimony–gold lodes. Rock chip sampling of these outcrops has returned notable assay results, with samples recording gold values from background levels up to 4.39 g/t Au—and even an isolated high reading of 20.57 g/t Au. At the Bouncer prospect, integration of new assay data with historical information delineates a mineralised surface footprint exceeding 70 metres in width, suggesting potential for a broader orogenic gold system than previously recognized.
Exploration efforts will now expand to test targets across four prospects—Hurricane, Bouncer, Holmes, and Tornado—aiming to evaluate the lateral and vertical extent of gold mineralisation within both high-grade lode structures and gold-bearing quartz stockworks. The geological setting, characterized by metamorphosed Siluro-Devonian turbiditic metasediments and structurally controlled mineralisation, supports the contention that the project could host a more complex and extensive system.
The technical indicators and permitting milestones announced provide a supportive backdrop for bullish sentiment among investors. The secured land access, provisional drill rig booking, and robust assay results hint at a potential upside in resource development. However, a note of caution is warranted. From a bearish perspective, early-stage exploration inherently carries risks, and it remains to be seen whether the promising surface assays will translate into economically viable deposits once drilling commences. Ultimately, the success of the upcoming RC drilling campaign and further exploration will be key determinants in assessing the project's long-term prospects.