Inca One Resources Corp. announced receipt from Minera Huaquillas that they have staked an additional 16,700 hectares of land surrounding its Las Huaquillas Project in Peru. With this additional land, the total continuous claim holdings in the area are 20,300 hectares.

Las Haquillas was subject to 1,500 meters of diamond drilling in 1988 by the Peruvian Government and followed up with 5,000 meters of diamond drilling between 1996 and 1998. As a result, Sulliden Resources estimated a geological resource on Las Huaquillas of 6.57 million tons grading 2.09 g/t Au and 25.2 g/t Ag (equivalent to 443,000 ounces of gold and 5.3 million ounces of silver)(i). The historical estimate used a cut-off of 1.5 g/t gold and remains open at depth and along its 2.2 Km strike.

The company recently announced on January 28th, 2013 it received receipt from Minera Huaquillas that it has submitted the Environmental Impact Statement (DIA) to the Ministry of Energy and Mines of Peru for the Las Huaquillas Project. Once the company obtains the approval of the DIA from the Peruvian government (DGAAM), the company will be able to commence the necessary permit application for water and use of the surface land.