Skip to content
Finance Investment, Oil Mining Resources

Intra Energy Corporation (ASX: IEC) – Geochemical Sampling Reveals More Compelling Lithium Anomalies

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

Perth, Western Australia – Intra Energy Corporation Limited (ASX: IEC), an environmentally responsible, diversified mining and energy group, is thrilled to announce the discovery of significant lithium anomalies at its Maggie Hays Hill (MHH) project, located in the esteemed Lake Johnston Greenstone Belt, Western Australia. This groundbreaking find positions the company at the forefront of lithium exploration, with the potential to significantly impact the lithium supply chain.

The recent soil sampling program has unveiled two major lithium anomalies, underscoring the project's vast potential. The primary anomaly spans an impressive 2,500 metres in length and 300 metres in width, while the secondary anomaly measures 1,300 metres by 300 metres. These findings are particularly notable for their high lithium values, reaching up to 248ppm Li2O, and are closely associated with tantalum and caesium, elements indicative of highly prospective lithium-caesium-tantalum (LCT) enriched pegmatites.

The anomalies are strategically located near the Maggie Hays mine, with Mineral Resources Limited (ASX: MIN) recently establishing a lithium processing hub less than 15km away, further enhancing the project's logistical and economic viability.

Strategic Location and Next Steps

Situated just 25km north of the Burmeister Spodumene deposit and northwest of the Medcalf Spodumene deposit, the MHH project is perfectly positioned within a region known for its rich lithium reserves. The discovery of these anomalies not only highlights the area's untapped potential but also aligns with the company's strategic vision to become a key player in the global lithium market.

Intra Energy Corporation has outlined an aggressive exploration roadmap, with a first-pass RC drilling program scheduled for the June quarter, pending the necessary heritage and regulatory approvals. The company is committed to working closely with the Ngadju Native Title Aboriginal Corporation to ensure all cultural and environmental considerations are met.

A New Era for Lithium Exploration

This announcement marks a significant milestone for Intra Energy Corporation and the broader lithium industry. As the world increasingly turns to renewable energy sources, the demand for lithium, a critical component in battery technology, has skyrocketed. IEC's latest discovery not only positions the company as a significant player in the lithium market but also contributes to the global transition towards sustainable energy solutions.

Intra Energy Corporation looks forward to providing further updates as the project progresses and remains dedicated to exploring and developing its assets responsibly, with a keen focus on environmental stewardship and community engagement.

IEC Managing Director, Ben Dunn, commented: 

“We are very pleased with the results of the final part of the soil program at Maggie Hays, which has delineated two new compelling lithium targets that are also highly anomalous in caesium and tantalum, key pathfinder elements used to identify pegmatites in the spodumene enrichment zone. The new large-scale lithium targets extend over strike lengths of 2,500 metres and 1,300 metres respectively. IEC has now identified multiple lithium targets and has scheduled a drilling program for the June quarter”.


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

  • Finance Investment, Information Technology
  • 11/04/2024
  • 10:43
Bigtincan Holdings Limited (ASX:BTH)

Bigtincan Holdings (ASX:BTH) – Bigtincan’s AI Investments Pay Off, Achieves Record Q3 Results with Surge in EBITDA and Free Cash Flow

Financial Update (unaudited): Q3 EBITDA of $4.2m (14% margin for the quarter) on operating revenue of $30m. FY24 EBITDA to date of $6.1m and…

  • Contains:
  • Biotechnology, Finance Investment
  • 11/04/2024
  • 10:32
Cleo Diagnostics Limited ASX.COV

CLEO Appoints CRO to Manage U.S. Ovarian Cancer Clinical Trials

Highlights CLEO has appointed U.S.-based Lindus Health to manage U.S. clinical trials for its revolutionary ovarian cancer blood test Lindus Health is a leader in clinical trial management for the med-tech sector, with a strong record of timely and successful trial execution CLEO's U.S. study will prospectively recruit up to 500 patients commencing next month and will verify the performance of CLEO's pre-surgical ovarian cancer test for FDA regulatory approval. ________ MELBOURNE, AUSTRALIA, 11 April 2024: Ovarian cancer diagnostics company, Cleo Diagnostics Limited (ASX:COV) (CLEO, or the Company) is pleased to announce the appointment of international Contract Research Organization (CRO),…

  • Finance Investment, Oil Mining Resources
  • 11/04/2024
  • 10:10
Litchfield Minerals Limited (ASX:LMS)

Litchfield Minerals (ASX:LMS) – Multiple New Chargeability Trends Identified at the Historic Mount Irene Mine

Darwin, Northern Territory – April 10, 2024 – Litchfield Minerals Limited (ASX: LMS) (“Litchfield” or the “Company”), a critical mineral explorer, is excited to…

  • 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.