Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Intra Energy's foray into lithium exploration yields promising results

Published 09/10/2023, 03:32 pm
Updated 09/10/2023, 05:30 pm
© Reuters.  Intra Energy's foray into lithium exploration yields promising results
UEC
-

Intra Energy Corporation Ltd (ASX:IEC)'s MD Benjamin Dunn sat down with Proactive in a recent interview, where he highlighted the company’s robust strides in lithium and base metal exploration across multi-jurisdictional tenure in Canada and Australia.

Dunn outlined the recent activities in Quebec's James Bay region, a promising lithium area.

"We've walked the ground, mapped a number of pegmatites, and taken more than 80 rock chip samples away for analysis," Dunn stated.

Dunn also spoke about the Yalgarra Nickel-Copper-PGE Project in Western Australia, revealing valuable insights through high-resolution satellite imaging.

"It's really firming up our lithium target in the northeast corner," he noted, adding that they have "identified some really solid targets for further investigation."

Results from these samples are anticipated later this month or by early November.

Near-term activity is set to be lively.

Intra has a series of plans that include flying LIDAR over the property and additional high-resolution satellite imagery, in addition to pegmatite mapping in Western Australia.

"We're very, very active in the second half of the year," Dunn confirmed.

The progress reflects a proactive approach to exploration and sets the stage for an energetic close to the year.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.