ITM: High Grade Core Identified in New Lacroma Drill Results

ITECH MINERALS LTD

• High grade graphite assays identified at Central Lacroma, with significant results such as 28m @ 8.7% TGC from 39m.
• Mineralisation extends ~200m across strike, from surface to >150m deep, with a true thickness of ~60m of 6-7% TGC and a 25m thick high-grade core of 8-9% TGC.
• Drilling is ongoing with approximately 3,200m of the planned 10,000m program completed to date, and a second drill traverse confirmed the continuation of the graphite horizon along strike.

2023-06-05 08:43:00

ITM: Breakthrough in REE Metallurgy at Caralue Bluff

ITECH MINERALS LTD

• Recoveries of up to 86% TREO and 88% for MREOs achieved in leaching trials by METS Engineering.
• High chloride environment needed to liberate the REEs from the clay host material; using hydrochloric acid initially, with plans to substitute with NaCl.
• Successful test results may lead to a low-cost and effective leaching process for Caralue Bluff Prospect, improving its overall economics.

2023-06-02 08:21:00

ITM: Impressive Graphite Intervals in First Lacroma Drilling

ITECH MINERALS LTD

• Impressive graphite assays from the first 4 drill holes at Central Lacroma in South Australia demonstrate significant graphite mineralization.
• The mineralization extends ~200m across strike, from surface to >150m deep, with a true thickness of ~60m, confirming a significant graphite mineralized system.
• Preliminary metallurgy demonstrates that a high-grade graphite concentrate of >90% TGC with recoveries of ~83% can be achieved with simple flotation.

2023-05-29 08:22:00

ITM: Outstanding Drill Results from Sugarloaf Graphite Prospect

ITECH MINERALS LTD

• Outstanding drill results from Sugarloaf Graphite Prospect with significant graphite mineralisation in 11 drillholes.
• Mineralisation extended from 2km to over 4.3km and high-grade potential demonstrated with results such as 13m @ 26.1% TGC.
• Drilling continues at Lacroma Graphite Prospect, and metallurgical test work will soon commence on samples from Sugarloaf.

2023-04-28 08:50:00

ITM: First Drill Results from Sugarloaf Graphite Prospect

ITECH MINERALS LTD

• Best results from the first 6 of 17 drill holes at Sugarloaf show thick, high-grade graphite mineralization extending well into the southern half of the exploration target.
• Assays from 11 additional drill holes are expected in the coming weeks, with results suggesting mineralization extends to within meters of the surface.
• iTech Minerals' 2023 drilling campaign has demonstrated a combined interval of over 46m at greater than 10% graphite in the exploration target.

2023-04-18 08:42:00

ITM: Drilling Doubles Strike Length - Sugarloaf Graphite Prospect

ITECH MINERALS LTD

• Sugarloaf Graphite Prospect strike length has doubled to over 4km.
• An additional 2.3km of mineralisation has been confirmed in the southern end.
• Drilling is now complete and will move to Lacroma Graphite Prospect for over 10,000m of drilling.

2023-03-23 08:59:00

ITM: Quarterly Activities and Cashflow Report 31 December 2022

ITECH MINERALS LTD

1. iTech Minerals completed an oversubscribed placement, to sophisticated and institutional investors, to raise $4.5 million.
2. The Company also completed a Share Purchase Plan to raise a further $2 million with total subscriptions in excess of $8.8 million.
3. With a total of $6.5 million raised the company ended the quarter with a cash balance of $8.5 million.

2023-01-17 08:51:00