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Intra Energy Corporation secures PoW approval for lithium and gold drilling at Maggie Hays Hills

Published 27/05/2024, 10:15 am
© Reuters.  Intra Energy Corporation secures PoW approval for lithium and gold drilling at Maggie Hays Hills

Intra Energy Corporation Ltd (ASX:IEC) is gearing up to drill for several critical minerals including lithium as well as gold at the Maggie Hays Hills Project in Western Australia after its Program of Works (PoW) was approved by the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS).

IEC intends to complete 2,500 metres of reverse circulation (RC) drilling for lithium, tantalum, niobium and caesium pegmatites thought to be up to 50 metres wide, with outcroppings along a contact zone 2.5 kilometres long.

There are also several outcropping quartz reefs on the tenure to be drill tested, where rock chip samples generated results up to 17 g/t gold, extending over a geological contact zone of up to 1.5 kilometres long.

Multiple compelling features

“We have been looking forward to receiving this key approval which brings us a step closer to drilling at Maggie Hays Hills,” Intra Energy Corporation managing director Benjamin Dunn said.

“Exploration to date has identified multiple compelling outcropping lithium pegmatite and gold in quartz reef, targets that have scale potential.

“We are working closely with the Ngadju Native Title Group to expedite the necessary heritage clearance to allow drilling to commence.

“The survey is scheduled for late May, and subject to that clearance, drilling is expected to commence in mid-June. A further announcement will follow once heritage clearance is confirmed.”

50 infill soil samples and 12 rock samples are still pending at the laboratory – assays are expected within the next two weeks.

IEC’s heritage survey is scheduled for May 30, 2024, and track clearing at Maggie Hays for early June, clearing the way for drilling to begin by about mid-June.

Read more on Proactive Investors AU

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