Proactive - Interviews for investors

Intra Energy Corporation defines large gold anomaly at Maggie Hays Hill

Episode Summary

Intra Energy Corporation Ltd (ASX:IEC) managing director Ben Dunn joins Proactive’s Meagan Evans to discuss a newly defined large-scale, high-tenor gold anomaly at the Maggie Hays Hill Project in Western Australia. Soil sampling assays revealed gold values between 15 and 85 parts per billion, delineating a 700-metre-long and up to 170-metre-wide anomaly. The sampling follows a 1.5-kilometre-long gold anomaly along a sheared basalt and ultramafic contact, with quartz reefs strongly correlating with the elevated gold results. The company plans to test this anomaly in an upcoming drill program. Dunn highlighted the project's rapid advancement towards drilling, noting significant gold discovery potential based on historical trenching and recent assay results. Additionally, several other gold targets within the tenement warrant further investigation. At the tenement's southern end, mapping and sampling have identified pegmatite outcrops with elevated lithium, tantalum, niobium and caesium levels. Drilling targets for these elements have been established along a 2.5-kilometre zone, with a 2,000-metre RC drill program planned. A heritage survey, delayed by heavy rain, is now scheduled for mid-June. Following this, drilling preparations will commence, with drilling expected to start in mid-July. #ProactiveInvestors #IntraEnergyCorporation #ASX #IEC #MaggieHaysHill #Gold #GoldAnomaly #QuartzReefs #CriticalMetals #PegmatiteOutcrops #RCDrilling #HeritageSurvey Intra Energy Corporation defines gold anomaly #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews