Ann: iTech Expands Graphite Mineral Resource by Over 300%, page-7

"iTech has commissioned a consultant to cost a graphite concentrate pilot plant based on the resultsof the Campoona and Lacroma metallurgical test work. This will allow iTech to produce enoughsample for qualification testing by potential offtake partners. The Company is now in the planningstages for extensional drilling on the southern part of the Lacroma resource with a view to addadditional tonnes at low cost. Any further drilling is subject to Board approval and would likelycommence in the next year when the cropping season has finished."