Intra Energy Corporation Limited

IEC

AU000000IEC4

Coal

Market Closed - Australian S.E. Other stock markets 07:10:49 30/05/2024 BST			5-day change	1st Jan Change
0.003 ^AUD	-.--%		-.--%	-14.29%

05-27	Intra Energy to Begin Drilling Program at Maggie Hays Hill Project in June	MT
04-02	Intra Energy Identifies Anomalies at Magie Hays Project	MT

Intra Energy to begin exploration at new Canadian lithium project

July 19, 2023 at 08:46 pm

(via NewsDirect)

Intra Energy Corporation Ltd (ASX:IEC) MD Ben Dunn tells Proactive the company is set to kick off geological mapping and sampling at its new Llama Lithium Project in the highly prospective James Bay Lithium District in Quebec, Canada, after completing a $3.6 million capital raising. The company plans to use high-resolution aerial imagery and magnetics to define high-quality targets for diamond drilling later in the exploration campaign.

IEC has issued 720 million shares at a $0.005 per share with the placement including a one-for-two free-attaching option exercisable at A$0.015 and expiring 24 months from the issue date.

The Llama Lithium Project comprises 123 wholly-owned mineral claims for 63 square kilometres of outcropping pegmatites in a region that hosts a number of other lithium deposits at various stages of development.

There are no historical records of geological exploration on Llama but DG Resource Management previously identified the project as being prospective for lithium after reviewing the region's pegmatite occurrences within favourable host rocks.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Intra Energy Corporation Limited

Intra Energy to Begin Drilling Program at Maggie Hays Hill Project in June	05-27	MT
Intra Energy Identifies Anomalies at Magie Hays Project	04-02	MT
Intra Energy Discovers New Gold Anomalies at Maggie Hays Hill Project	03-25	MT
Intra Energy Corporation Limited Reports Earnings Results for the Half Year Ended December 31, 2023	03-15	CI
Intra Energy Encounters Soil Anomalies at Maggie Hays Hill Project	03-12	MT
Intra Energy Detects High-Grade Gold at Maggie Hays Hill Project in Western Australia	03-04	MT
Global Uranium and Enrichment Completes 80% Stake Sale in Lake Johnston Project	02-21	MT
Intra Energy Finds Tantalum, Niobium from Sampling at Maggie Hays Hill Project	01-17	MT
Intra Energy Acquiring 80% Stake in Western Australian Lithium Project	01-15	MT
Correction: Zeotech Receives R&D Rebate of More than AU$680,000	01-15	MT
Intra Energy Receives R&D Rebate of AU$680,000	01-15	MT
Intra Energy Corporation Limited agreed to acquire 80% stake in Maggie Hays Hill lithium project from Global Uranium and Enrichment Limited for AUD 2.1 million.	01-14	CI
Intra Energy Selects Target Areas for Drilling at Yalgarra Project in Western Australia	17/10/23	MT
Intra Energy Hits Multiple Pegmatites at Llama Lithium Project in Québec	16/10/23	MT
Intra Energy Defines Targets at Yalgarra Project; Shares Tumble 20%	09/10/23	MT
Intra Energy Finds Pegmatites at Llama Project	04/10/23	MT
Intra Energy Corporation Limited Reports Earnings Results for the Full Year Ended June 30, 2023	29/09/23	CI
Intra Energy Expands Canadian Lithium Project Via Acquisition of 12 Adjacent Claims	25/09/23	MT
Intra Energy Finds Pegmatite Dykes at Yalgarra Project	21/09/23	MT
Intra Energy to Begin Lithium Exploration at Western Australia's Yalgarra Project	11/09/23	MT
Intra Energy Moves to Advance Exploration at Yalgarra Project in Western Australia	01/09/23	MT
Slowing US Jobs Growth Weigh Down Australian Shares	07/08/23	MT
Intra Energy Identifies Pegmatite Targets at Canadian Lithium Project	07/08/23	MT
Optimism Over US Debt Ceiling Negotiations Raises Australian Shares	18/05/23	MT
Intra Energy Acquiring Canadian Lithium Project; Shares Jump 60%	18/05/23	MT

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Company Profile

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).

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Coal

Calendar

24/09/2024 - Q4 2024 Earnings Release (Projected)

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Intra Energy Corporation Limited

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IEC

AU000000IEC4

Coal

Intra Energy to begin exploration at new Canadian lithium project

Contact Details

Latest news about Intra Energy Corporation Limited

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Company Profile

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Sector Other Coal