Skip to content
Finance Investment, Oil Mining Resources

Intra Energy Corporation Limited (ASX: IEC) – High grade gold identified at the Maggie Hays Hill Project

Intra Energy Corporation Limited (ASX: IEC) 2 mins read

Intra Energy Corporation Limited (ASX: IEC), a leading exploration and mining company, is thrilled to announce the discovery of multiple high-grade gold assays from its recent mapping and rock sampling program at the Maggie Hays Hill Project (MHH). These significant findings mark a promising advancement in the exploration of the project, highlighting the potential for substantial gold deposits.

Exceptional Gold Assays Uncovered

The current exploration efforts have yielded remarkable gold grades from rock samples collected at quartz veins within the project area, including:

  • 15.6 g/t gold (MRK006)
  • 17.8 g/t gold (MRK009)
  • 5.4 g/t gold (MRK013)
  • 4.1 g/t gold (MRK016)
  • 4.0 g/t gold (MRK010)

These results underscore the high-grade nature of the gold mineralisation present at Maggie Hays Hill.

Discovery of Two Gold Lode Systems

The exploration team has successfully identified two distinct gold lode systems, named East and West lodes, each extending over 130 metres and trending north-south in alignment with the local stratigraphy. Notably, both lodes are open along strike and at depth, with potential extensions of approximately 300 metres in both directions. This opens up exciting opportunities for further exploration and resource definition.

Historical and Ongoing Exploration Efforts

Historical exploration, including a five-hole RC drilling program on the western side of Maggie Hays Hill, previously identified significant gold intercepts. Additionally, a historical drill hole on the eastern side intersected gold in mafic volcanic rocks, associated with disseminated sulphides and quartz.

Future Exploration Plans

Building on these promising results, Intra Energy Corporation plans to conduct infill soil sampling and detailed field mapping to delineate the scale of mineralisation further. The aim is to evaluate several historically identified gold anomalies that have yet to be explored, thereby unlocking the full potential of the Maggie Hays Hill Project.

IEC Managing Director, Ben Dunn, commented: 

“The identification of gold mineralisation at surface in outcropping quartz veins at the Maggie Hays Hill Project adds to the existing compelling lithium exploration plan to generate shareholder value. IEC intends to follow up both targets with vigour”.


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

Media

More from this category

  • Oil Mining Resources, Union
  • 07/02/2025
  • 16:46
Mining and Energy Union

Workers remain on pay as SIMEC stops production at Tahmoor

About 450 workers at Tahmoor underground mine in NSW are off work on full pay after SIMEC halted operations for four weeks due to financial pressure, the Mining and Energy Union said today. TheMEU welcomes the decision by SIMEC to retain their workforce in the current circumstances where the company’s financial position has affected supply of equipment to the mine.The workforce includes approximately 150 direct employees and 300 employees of contractor RStar. “The workforce atTahmoor are skilled and loyal; and the company is doing the right thing by retaining them as they address their current financial challenges,” said MEU South…

  • Finance Investment
  • 07/02/2025
  • 01:10
Kadena

U.S.-Based Blockchain Kadena and Croatian Football Federation (HNS) Partner to Revolutionize Fan Engagement

The Agreement Includes Regular Season Play as Well as the 2026 FIFA World Cup 2026 and UEFA EURO 2028 NEW YORK CITY, NEW YORK / ACCESS Newswire / February 6, 2025 / Kadena, the industry leader in scalable blockchain technology, and the Croatian Football Federation (HNS) have announced a groundbreaking partnership to provide a seamless digital fan engagement experience to Croatian national team fans. This partnership will encompass major global football events through 2028, including the 2026 FIFA World Cup and 2028 UEFA Euro Cup.Kadena and The Croatian Football Federation Enter Partnership to Revolutionize Fan EngagementThis collaboration will introduce high-visibility…

  • Business Company News, Oil Mining Resources
  • 06/02/2025
  • 10:46
Jane Morgan Management

Aurumin Limited (ASX:AUN) Exploration Update – Commencing Drilling at Sandstone Iron Project

6 February 2025 – Perth, Australia | Aurumin Limited (ASX: AUN) ("Aurumin" or "the Company") is pleased to announce the commencement of drilling at its Sandstone Iron Project, marking a significant milestone in its exclusive option agreement with Newcam Minerals Pty Ltd (Newcam). This drilling campaign forms part of Newcam’s due diligence process as it evaluates the potential joint venture to develop Direct Shipping Iron Ore (DSO) opportunities at the project. Highlights Drilling Started: A 54-hole reverse circulation (RC) drill program (~2,000m) has commenced testing seven priority targets. High-Grade Potential: Follow-up on rock chip assays of up to 67% Fe,…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.