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IPR Inca Pacific Resources

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Share Name Share Symbol Market Type
Inca Pacific Resources TSXV:IPR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Inca Pacific Submits Environmental and Social Impact Assessment to Government of Peru

02/04/2008 2:00pm

Marketwired Canada


Inca Pacific Resources Inc. (TSX VENTURE:IPR)(LIMA:IPR) ("Inca Pacific") is
pleased to report that on March 28, 2008, its Environmental and Social Impact
Assessment (the "ESIA") for the Magistral Copper-Molybdenum Project located in
Ancash, Peru was submitted to the Peruvian Ministry of Energy and Mines (the
"MEM").


Simultaneously, the ESIA was presented to local communities in the vicinity of
the Magistral Project. Several periods of review, public consultation,
commentary and response will follow. Copies of the ESIA were given to local
governments and local civic committees. A copy is also available for public
review at Inca Pacific's office in Conchucos, the town closest to the Magistral
Project. Inca Pacific recently met with members of several government agencies
who agreed to support its request for an expedited approval of the EISA which
Inca Pacific estimates will take approximately nine months.


Inca Pacific is developing the Magistral copper-molybdenum project located 450
kms north-north west of Lima in the Department of Ancash, Peru. A final
feasibility study was completed in 2007, and is available for review at
www.incapacific.com.


INCA PACIFIC RESOURCES INC.

Anthony Floyd, President and Director

CAUTION REGARDING FORWARD LOOKING STATEMENTS:

This news release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995 and
applicable Canadian securities legislation. Forward-looking statements include
Inca Pacific's commitment to, and plans for completing a final feasibility
study, obtaining approval of an Environmental Impact Assessment and developing
the Magistral Project. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as "plans", "expects"
or "does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain actions, events or
results "may", "can", "could", "would", "might" or "will be taken", "occur" or
"be achieved". Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level
of activity, performance or achievements of Inca Pacific to be materially
different from those expressed or implied by such forward-looking statements,
including but not limited to: risks related to the exploration and potential
development of the Magistral Project, risks related to international operations,
the actual results of current exploration activities, conclusions of economic
evaluations, changes in project parameters as plans continue to be refined,
future prices of copper, silver and molybdenum. Although Inca Pacific has
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there may
be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements. Inca Pacific does not undertake to
update any forward-looking statements that are incorporated by reference herein,
except in accordance with applicable securities laws.


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