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Intra Energy Corporation paves way for drilling next month at Maggie Hays Hill

Published 26/06/2024, 10:01 am
© Reuters.  Intra Energy Corporation paves way for drilling next month at Maggie Hays Hill

Intra Energy Corporation Ltd has paved the way for drilling next month at the high-priority Maggie Hays Hill (MHH) Project in the Lake Johnston Greenstone Belt of Western Australia following a heritage survey.

This focused primarily on the 2.5-kilometre-long MHH southern pegmatite lithium target, a notable soil and outcrop anomaly akin to the recent Burmeister spodumene discovery.

The survey is a critical step in the company's exploration strategy as it facilitates the forthcoming 2,000-metre reverse circulation (RC) drilling program to begin in July aimed at discovering spodumene and/or gold deposits.

“Sincere gratitude”

IEC’s managing director Ben Dunn said : “I would like to express my sincere gratitude to the Ngadju Native Title Aboriginal Corporation and the Ngadju People for accommodating this survey within their busy schedule.

“Pending the final report, this survey has the potential to enable the company to start drilling at the project in a few weeks’ time. Early success from the program would allow us to keep drilling uninterrupted for next 6-12 months.

“The company has planned a 2,000-metre RC drilling program, agreed terms with a drilling contractor and is in the process of finalising the drilling contract. Operations are expected to commence promptly following receipt of the final survey report.”

Lake Johnston Lithium Province showing spodumene discoveries and tenement holdings.

MHH background

The 80%-owned MHH Project is in WA’s Lake Johnston Greenstone Belt adjacent to the Norseman-Hyden Road and the Maggie Hays and Emily Anne nickel mines of Poseidon Nickel Ltd and camp at Windy Hill.

The project is accessible via well-formed tracks, particularly at the southern end, and is prospective for lithium, nickel and gold. It hosts the Southern lithium target as well as the Central and Northern gold targets.

MMH is 25 kilometres north of two separate spodumene lithium discoveries at Burmeister Hill (TG Metals) and Lake Medcalf (Charger Metals). There are also lithium mica (lepidolite) pegmatites at Mt Day 10 kilometres north.

Recently, Rio Tinto (ASX:RIO) has farmed into the Charger Metals tenements in the region and in a related transaction, Charger has acquired all of Lithium Australia’s interests in their joint venture tenements.

Read more on Proactive Investors AU

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