Inca Minerals Limited advised that strong progress is being made towards the commencement of the Company's NE Area drill program at the Riqueza Project in Peru. Under an FTA drill permit, the 6,070m diamond core program is targeting Tier-1 scale porphyry, skarn and carbonate replacement mineralisation. Following the grant of the Exploration Permit (ASX announcement 16 April 2021), which allows ground disturbing work to take place, the Company has rapidly advanced the construction of a satellite drill camp, important access tracks and initial drill platforms, all of which are expected to be completed next week. The drill rig has been prepared for the move to the project area and is anticipated to arrive on site within five days, after which it will most likely undergo a further service to adjust for operating conditions at high altitude. The drill rig personnel and Inca's geologists and drill support team will be required to pass the Company's own COVID-19 tests before entering the project area. It is anticipated that the drill rig will be positioned on the first platform and ready to drill the first hole within two weeks. In addition, the Water Permit has also materially progressed. This approval is taking longer than usual with delays caused by Water Authority staff having to work in home offices. The documentation is all in good order. The Company intends commencing drilling immediately upon receipt of the Water Permit.