Inca Minerals Limited recently announced the grant of its Ficha Técnica Ambiental (FTA) drill permit by Peru's Ministry of Energy and Mines (MINEM). In that announcement, the company mentioned that a follow-up announcement will be provided with a detailed account of the remaining drill permit processes and projected timelines to drill mobilisation. This current announcement also provides a recap on the NE Area drill program (hole parameters and objectives). Among several drill permit requirements already satisfied, the Archaeological Clearance Certificate (CIRA) is granted and, very recently, the FTA permit is granted. The drillers have been engaged (drill contract executed and a deposit paid). The drill rig that shall use is being made ready. The company will lodge applications imminently for the two remaining permits that are required before drilling can commence. A Water Permit is needed to specify the water usage for the drill program, and a Certificate to Commence Work is needed to enable ground disturbing exploration to take place. The two applications will run parallel with a projected maximum timeline of 30 and 20 business days respectively. After the granting of the Certificate to Commence Work, the Company will advise the drill contractors to begin mobilisation to Riqueza. Notwithstanding the fact that in 2021 COVID-19 continues to affect the permitting process, best estimates put the drill rig onsite in late February 2021. A total of fourteen holes for 6,070m of drilling are planned for the NE Area (Table 1). At an average hole depth of 433.5m metres, the fourteen holes will test eight specific targets within two mega-targets. This program, described in the September 2020 Activities Report represents a modification of an earlier program of eleven holes for 5,520m with seven targets. The increased number of holes and increased metres was to accommodate additional targets and to improve intersections of targets. All individual targets possess specific multiple geochemical and geophysical signatures warranting drill testing for mineralisation at that location. The mega-targets are defined as very broad-scale features that reflect mineralised systems. The NE Area hosts "targets within targets" as Figure 1 illustrates. The two mega-targets, each more than a kilometre across, that are highly prospective for copper-zinc skarn mineralisation, gold-silver-copper porphyry mineralisation and silver-lead-zinc carbonate replacement mineralization. The individual targets are specific "parts" of these systems, a specific skarn target or a specific porphyry target for example. The NE Area (FTA) drilling program should be put in the context of the total Riqueza drill program of 46 holes (for 19,010m) testing 31 stand-alone targets across a 56km mineralisation intrusive system.