Curated News
By: NewsRamp Editorial Staff
April 15, 2024
Intra Energy Corp Makes Strides in Maggie Hays Hill Lithium Exploration
Discuss on RedditTLDR
- IEC has received 'outstanding' assays of lithium, tantalum, niobium, caesium and tin, confirming the high prospectivity of the site.
- IEC has scheduled a first-pass reverse circulation (RC) drilling program for the June quarter to further test these targets.
- IEC has lodged a heritage survey request with the Ngadju Native Title Group, ensuring compliance with local regulations and respect for indigenous lands.
- The results have notably included eye-opening levels of caesium, indicating potential new avenues for exploration success.
Impact - Why it Matters
The news is important for investors and those interested in the mining and energy sectors. The promising results of lithium exploration at Maggie Hays Hill indicate potential opportunities for investment and future development in the critical minerals market. Additionally, the company's compliance with local regulations and respect for indigenous lands sets a positive example for sustainable resource exploration.
Summary
Intra Energy Corporation Ltd (ASX:IEC) managing director Ben Dunn reports on the promising results of lithium exploration efforts at Maggie Hays Hill in Western Australia. The company has received 'outstanding' assays of lithium, tantalum, niobium, caesium, and tin, confirming the high prospectivity of the site. Dunn expressed optimism about the upcoming first-pass reverse circulation (RC) drilling program in the June quarter and the potential for exploration success.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Intra Energy Corp Makes Strides in Maggie Hays Hill Lithium Exploration
