Intra Energy identifies additional pegmatites at Yalgarra
November 14, 2023 at 01:16 pm EST
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Intra Energy Corporation Ltd (ASX:IEC) MD Ben Dunn tells Proactive the company has completed a second mapping and sampling campaign at the Yalgarra nickel-copper-PGE and lithium project, 70 kilometres east of Kalbarri in Western Australia. The field mapping campaign targeted the entire width of the northern end of the tenement including the previously identified pegmatite field located in the northeast corner. Multiple additional pegmatite outcrops have been identified including two coarse grained pegmatites with crystals up to 5 centimetres long.“Todd Hibberd is doing a fantastic job advancing our Yalgarra Project, as we continue to steadily move towards having several high-quality drill targets,” Dunn said.
“Our permit of works has been approved and we are engaging with the Traditional Owners to get heritage clearance and once this has been approved, we look forward to commencing drilling.
“Shareholders can be optimistic about multiple opportunities at Yalgarra, especially the lithium anomalisms which, if proved, could potentially be a new Western Australian lithium province.
“At the same time, we are continuing work on our flagship Llama Lithium Project in Canada and expect to have updates on rock assays and LIDAR for shareholders in the coming weeks.
“We have built a strong foundation over the last year and now look forward to 2024 as a year that could really propel IEC forward.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
Intra Energy Corporation Limited is an Australia-based diversified mining and energy company. The Company is focused on battery, base and precious metals exploration to support global decarbonization and electrification for clean energy. It is focused on the development of two highly prospective and underexplored projects in Australia, including the Llama Lithium Project and the Yalgarra Project. The Llama Lithium Project is located in the prolific James Bay Lithium District in Quebec, Canada, and consists of 123 mineral claims and covers 6,305 square kilometers (km2). The property lies within volcanic sedimentary (greenstone) rocks of the Dalmas and Escale Formations. The Yalgarra Project is the Companyâs flagship project targeting magmatic nickel-copper-cobalt-PGE mineralization, and is located 125 km east of Kalbarri, Western Australia in the northern sector of the West Yilgarn Ni-Cu-PGE province. The Company also holds an 80% interest in the Lake Johnston Project (E63/2039).