Inca tests Peruvian tin

Having farmed-out most of its own properties, Inca Pacific Resources (IP-V) has turned its attention to a high-grade tin prospect owned by Peruvian-based Minsur.

The Santo Domingo prospect lies 20 km west of Minsur’s San Rafael tin mine. Inca can earn a 51% interest in the property by spending US$2 million over three years.

As part of the deal, Minsur retains a one-time option to boost its stake to 60% by providing a bankable feasibility study within two years.