SYDNEY, AUSTRALIA – Intra Energy Corporation Limited (ASX: IEC), a diversified mining and energy group with a core focus on battery, base and precious metals exploration, is excited to announce the discovery of significant new high-grade gold assays at its Maggie Hays Hill Project, situated within the prolific Lake Johnston Greenstone Belt in Western Australia.
Recent exploration activities, including rock chip sampling conducted in March and April, have uncovered additional mineralized quartz reefs, extending the known mineralization with impressive gold assays. Highlights from the recent survey include:
- New Quartz Reefs Identified: Continuous mapping efforts have identified three separate quartz reefs, each extending over 250 metres in length, with peak gold assay results reaching up to 7.6 g/t.
- Extensive Soil Sampling Program: The exploration team has also defined two large-scale gold anomalies through soil sampling, stretching up to 1,500 metres in length, suggesting widespread mineralization.
- Upcoming Drilling Campaign: Following the acquisition of necessary heritage clearances and drilling permits, the company plans to commence drilling activities by mid-June 2024.
IEC Managing Director, Ben Dunn, commented:
“The Board is pleased with how quickly Todd Hibberd’s exploration program has advanced the Maggie Hays Hill project to compelling drill targets for both gold and lithium. We are now working to obtain the necessary permits and heritage clearances, and intend to be drilling by mid-June, subject to approvals. Todd has conducted a comprehensive exploration program and now has designed a drill campaign that will thoroughly test the identified targets. We believe exciting times are close at hand for IEC’s loyal shareholders as the next phase of exploration commences.”
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
