Perth, Australia – Intra Energy Corporation Limited (ASX: IEC), ASX listed diversified mining and energy group, is thrilled to announce the discovery of three significant lithium anomalies at its Maggie Hays Hill (MHH) project, located in the Lake Johnston Greenstone Belt, Western Australia. This discovery marks a significant milestone in the exploration of the area, known for its rich mineral deposits.
The anomalies, identified through a comprehensive soil sampling program, extend up to 1,200 meters in length and 500 meters in width, with lithium values ranging between 60ppm and 147ppm Li2O. These findings are particularly notable as they are strongly associated with outcropping lithium-caesium-tantalum (LCT) enriched granite intrusions, suggesting a larger scale of anomalism obscured by shallow cover.
IEC's Managing Director, Ben Dunn, expressed his enthusiasm about the discovery: "We are very pleased with the results of the first part of the soil program at Maggie Hays, which has delineated a series of strong kilometre-long lithium soil anomalies in areas never previously explored. The lithium soil values within these large-scale anomalies is particularly impressive in areas where fertile granites are exposed at surface. Surface alluvial cover obscures the true scale of the anomalism which remains to be more fully evaluated with drilling."
The soil sampling program aimed to provide initial geochemical coverage over the entire tenement, targeting lithium, associated pathfinder elements, gold, and base metals. A total of 1286 soil samples were collected, with the initial 532 results revealing the three new, high-priority lithium anomalies.
The discovery is situated in a highly prospective region, 25km north of the Burmeister Spodumene deposit and 25km northwest of the Medcalf Spodumene deposit, highlighting the potential for significant lithium resources in the area.
In response to these promising findings, IEC is planning a first-pass RC drilling program to further investigate the identified targets. The company also anticipates the arrival of additional soil assay results, which will inform further exploration and drilling plans.
IEC is committed to advancing its exploration efforts at the Maggie Hays Hill project and looks forward to updating shareholders on its progress and further developments.
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.
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Chloe Hayes