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Finance Investment, Oil Mining Resources

Intra Energy Corporation (ASX: IEC) – Lithium Exploration Commences at Yalgarra Project

Intra Energy Corporation Limited (ASX: IEC) < 1 mins read

Highlights:

  • Yalgarra Project review confirms two areas with significant Lithium soil anomalism.
  • Coincident low-level Cesium-Tantalum-Niobium-Beryllium-Tin soil anomalism supports the potential for a proximal “goldilocks” lithium enrichment zone.
  • On-ground exploration scheduled to commence immediately.

Intra Energy Corporation Limited (ASX: IEC) (“IEC” or the “Company”) is thrilled to announce that a project review of the Yalgarra magmatic Ni-Cu-PGE Project (“Yalgarra”, “Project”) situated 70km east of Kalbarri in Western Australia has unveiled two areas with elevated lithium (+40 ppm) levels. These levels are associated with coincident low-level cesium, tantalum, niobium, beryllium, and tin anomalism.

This anomalism is found within and adjacent to mafic-ultramafic rocks in the northern block of E70/5464 in two specific locations. These locations are adjacent to a radiometrically potassium-rich granitoid. The Company is of the belief that the soil anomalism is indicative of a local fertile granitoid. Furthermore, the combination of coincident LCT pegmatite pathfinder elements suggests a potential for a proximal “goldilocks” lithium enrichment zone.

IEC Principal Geologist, Todd Hibberd, commented: “A detailed review of the soil geochemistry has identified two areas where lithium is elevated with coincident low-level anomalous lithium pathfinder elements. Several outcropping white dykes/vein north of the geochemical samples are visible on satellite imagery and are an immediate target for follow up sampling and mapping with the objective of defining targets for drilling in late 2023”.


About us:

Intra Energy Corporation (ASX:IEC) is an environmentally responsible, diversified mining and energy group with a core focus on battery, base and precious metals exploration to support the global decarbonisation and electrification for the clean energy future. 


Contact details:

Chloe Hayes

chloe@janemorganmanagement.com.au

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