Intra Energy Corporation Ltd (ASX:IEC) has received multiple high-grade gold results of up to 17.8 g/t from a mapping and rock sampling program at the recently acquired Maggie Hays Hill Project, which is prospective for lithium, nickel and gold in the Lake Johnston region of Western Australia.
The company identified two separate gold lode systems, both of which are open along strike and at depth.
“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,” said Intra Energy managing director Ben Dunn.
Rock sample assay results.
Gold in quartz veins Identified at surface
Intra Energy conducted mapping and rock sampling in early February, identifying high-grade gold mineralisation associated with quartz veining within basalts at two locations in the southern part of the tenement.
Rock chip samples were collected along historically identified trends specifically from the exposed quartz veins and vein walls.
The gold targets investigated include historical exploration on the western side of Maggie Hay Hill where a five-hole RC drilling program identified 2 metres at 11 g/t gold, 1 metre at 1.7 g/t and 3 metres at 1.7 g/t. Further exploration here was planned but never completed.
On the eastern side of Maggie Hays Hill (east lode) a historical 118-metre RC hole intersected 7 metres at 0.48 g/t gold including 1 metre at 1. 5 g/t in mafic volcanic rocks. The gold is associated with disseminated sulphides and quartz.
Two separate gold lodes (east and west) have been defined — each over 130 metres, trending north-south roughly parallel with stratigraphy. Importantly, both lodes are open along strike to the north and south for around 300 metres in both directions.
A review of the 2021 soil sampling results identified several areas of gold anomalism along strike that have not been followed up.
Follow-up work planned
The high-grade gold results at the west lode, east lode and the broader gold anomalism identified in the 2021 soil program will be followed up with infill soil sampling and field mapping to identify the scale of mineralisation and to test several historically identified anomalies that were never evaluated.
Overview of gold mineralisation area showing rock sampling results, vein trends and potential extensions to mineralisation.
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