ITM

1.54%

6.6¢ itech minerals ltd

Ann: Final Drill Results from Caralue Bluff Prospect, page-18

First 18 Last

Share
Profile

Follow
Buckaroo737

3,566 Posts.

288

16/08/22

10:23

Post #: 63136114
Share

Originally posted by setfire2thehive: ↑

Some more solid results and the tenement still fairly underdrilled so the other areas are also unknown and potential for expansion. Only 1/4 tenements as well the others have some decent results in areas as well.

Met work only a short while away and will test the leachability and ionic materially spatially across the tenements.

ITM only 1/4 project proven to have ionic material. IXR, ABX and AR3. IXR is obviously the most advanced and developed and quite economical as proven in the SS.

ABX results are extremely thin and deep. They're suggesting in-situ leaching as an option (highly unlikely to ever get approved it's why the chinese/myanmar ionic got shut down.
AR3 is at surface but so thin meaning is spatially a nightmare and will struggle to delineate a resource large enough if infact the strip is good enough to make in mineable. Secondly lots of calcium in host rock meaning the acid dosing is quite aggressive and therefore expensive. Area is very environmentally delicate will be hard to get approvals.

ITM seems to me to be the most prospective of the remaining 2 and compared to the other 20 whom are generally finding worse results but are deliberately avoiding salt leaching IMHO.

ITM also aren't 100% locked on economic viability of the REO alone at they begin to indicate potential for Kaolin-REO as by products.

Above that ITM continues to progress it's graphite project which already have mining and processing licence - major de-risk. SS to be updated towards end of the year. Was a 100M NPV then - now to be updated with spherical graphite production as per the updated met results via ANZAPLAN.

All within very close proximity to each other.

Looks quite good, i'll probably start the second accumulation at levels below this. 30m EV is very solid for prospective of their 2 streams and management been quite professional through-out.

SF2TH

Expand

I just noticed it looks like AR3 has been up over 100m MC before, but has been on a downward trend since hitting their highs mid last year, and maybe for the reasons you gave.

ITM Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

First 18 Last

Add ITM (ASX) to my watchlist

(20min delay)
Last 6.6¢		Change 0.001(1.54%)		Mkt cap ! $11.26M

Open	High	Low	Value	Volume
6.6¢	6.6¢	6.5¢	$4.449K	68.16K

Buyers (Bids)

No.	Vol.	Price($)
3	320913	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	14705	1

View Market Depth

No.	Vol.	Price($)
3	320913	0.065
1	12288	0.063
8	72384	0.062
4	100101	0.061
2	21057	0.060

Price($)	Vol.	No.
0.069	14705	1
0.070	36775	1
0.071	140000	1
0.072	12227	1
0.073	50000	1

Last trade - 12.47pm 15/11/2024 (20 minute delay)

ITM (ASX) Chart

Ann: Final Drill Results from Caralue Bluff Prospect, page-18

Banshee's historic trenches prove rich in antimony and gold for GDM

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Cyclone signs MOU with Vale for development of Iron Bear play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Final Drill Results from Caralue Bluff Prospect, page-18

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Cyclone signs MOU with Vale for development of Iron Bear play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News