April 1 (Reuters) - Inca Minerals Ltd ICG.AX :
* INCA AND SOUTH32 SIGN RIQUEZA EARN-IN AGREEMENT
* SOUTH32 TO PROVIDE US$9 MILLION EXPLORATION FUNDING OVER 4 YEARS FOR 60% OF RIQUEZA PROJECT.
* SOUTH32 CAN ACQUIRE ADDITIONAL 10% STAKE IN BRILLANDINO IN RETURN FOR ALL EXTRA PROJECT COSTS NEEDED TO COMPLETE PRE-FEASIBILITY STUDY
* SOUTH32 CAN ACQUIRE 60% STAKE IN BRILLANDINO BY GIVING MINIMUM OF US$9 MILLION TO BRILLANDINO FOR EXPLORATION AT RIQUEZA OVER A 4-YEAR PERIOD