Curated News
By: NewsRamp Editorial Staff
May 20, 2024
Intra Energy Corporation Discovers High-Grade Gold at Maggie Hays Hill Project
Discuss on Reddit
GithubTLDR
- IEC's high-grade gold discovery at MHH Project in Western Australia provides a competitive advantage for investors seeking valuable mineral assets.
- The discovery of high-grade gold at MHH Project is the result of a comprehensive exploration program, including rock chip and soil sampling.
- The discovery of high-grade gold at MHH Project brings hope for economic growth in the region and the potential for job creation through mining activities.
- The identification of three parallel quartz reefs and the upcoming drilling in mid-June 2024 offer exciting prospects for mineral exploration enthusiasts.
Impact - Why it Matters
The discovery of high-grade gold at the MHH Project in Western Australia is significant as it highlights the region's potential for significant mineral discoveries. This news is important for investors and mining enthusiasts as it indicates the rapid progress of the exploration program and the upcoming drilling activities, which could lead to further significant findings in the area.
Summary
Intra Energy Corporation Ltd (ASX:IEC) managing director Ben Dunn discusses the discovery of high-grade gold at the Maggie Hays Hill (MHH) Project in Western Australia’s Lake Johnston Greenstone Belt. Assay results from 11 rock chip samples collected in March and April averaged 2.56 g/t of gold, with the highest assay at 7.6 g/t. IEC has also found significant gold and lithium targets through a soil sampling program. The team is preparing to drill in mid-June 2024, pending the acquisition of necessary permits and heritage clearances.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Intra Energy Corporation Discovers High-Grade Gold at Maggie Hays Hill Project
