Intra Energy Corporation Limited (AU:IEC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Intra Energy Corporation has identified a significant gold anomaly measuring 700 meters in length and up to 170 meters wide at the Maggie Hays Hill project, with potential for a major gold discovery following promising soil sampling results. The firm is also exploring for lithium, having discovered outcropping pegmatites with elevated lithium and other rare elements, which has led to defined drilling targets. Preparations are in progress for a 2000-meter drilling program aimed at assessing both the gold and lithium prospects.
For further insights into AU:IEC stock, check out TipRanks’ Stock Analysis page.