Ica I.O.C.G. Project
Project Size: 1,800 Hectares (18km2) Target Style: iron oxide copper-gold Targets: to be determined Ownership: 100% - under application Location: Ica Department, Southern Peru Geology: Coastal I.O.C.G. belt of southern Peru
- Excellent infrastructure: The Ica iron oxide copper-gold (I.O.C.G.) Project is located at less than 2,000m elevation along the Pan-American highway, 45 km southeast of Ica and 300 km southeast from Lima. Excellent road access from the departmental capital city of Ica.
- Located in the coastal I.O.C.G. belt of southern Peru
- Sampling by Palamina returned gold values ranging from 0.006 g/t Au to 0.745 g/t Au & Cu values ranging from 0.013% Cu to 0.562% Cu.
In September 2019, Winshear acquired a 100% interest, subject to a 2% NSR, in the Ica IOCG and Gaban Gold Project in Peru from Palamina Corp. through the issuance of 10,000,000 common shares of Winshear (see news release here).
Work done to date
Historic soil and rock sampling along with a geophysical IP survey identified an IP anomaly in a known mineralized area. Tinka Resources completed six shallow drill holes to test near-surface mineralization. Recent sampling by Palamina returned gold values ranging from 0.006 g/t Au to 0.745 g/t Au & Cu values ranging from 0.013% Cu to 0.562% Cu.