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Intra Energy targets drilling areas at Yalgarra Project, awaits permit approval

Published 17/10/2023, 11:22 am
© Reuters.  Intra Energy targets drilling areas at Yalgarra Project, awaits permit approval
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Intra Energy Corporation Ltd (ASX:IEC) has submitted a program of work (POW) application to the Department of Mines Industry Regulation and Safety (DMIRS) for its Yalgarra magmatic nickel-copper-platinum group element (PGE) and lithium project.

Some 70 kilometres east of Kalbarri in Western Australia, the Yalgarra Project is a focal point for the company's forthcoming drilling operations.

Targets pinpointed

The application follows a substantial number of drilling targets identified across the 400-square-kilometre project area.

These targets were evaluated based on existing geochemical, geological, and geophysical data. Four areas containing multiple coincident targets have been selected for initial drilling, pending receipt of rock chip sample assays and field verification.

The company expects the POW to be granted within four to six weeks and has lodged a request for a heritage survey with the Native Title Group.

Field work is slated to commence in mid-October, with further updates to be disseminated towards the month's end. The heritage survey request and ongoing fieldwork demonstrate the company's commitment to responsible and comprehensive exploration.

This move marks a strategic step for IEC, as it looks to accelerate its exploration activities in a project area rich in nickel, copper, platinum group elements, and lithium.

“I am personally very pleased with the speed at which our geologist, Todd Hibberd, is progressing the Yalgarra Project, identifying a number of quality targets for us to pursue,” IEC managing director Benjamin Dunn said.

Real opportunity for multiple targets

“Todd has leveraged off the early work of our joint venture partners, Steve & Ed at Century Minerals, and is focusing this round of field work on several areas that we hope to progress to genuine drill targets.

“Given the size of our Yalgarra licence, there is a real opportunity for multiple targets, and as we have previously announced the company is doing everything possible to drill test identified copper-nickel and lithium targets by the end of the year.

“A lot of hard work over a long period of time is now starting to be realised and I know that Todd will leave no stone unturned in finding whatever is there to be found.”

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