ITM 2.86% 7.2¢ itech minerals ltd

Ann: 182 g/t Au in Rock Chips from Reynolds Range, page-29

  1. 3,262 Posts.
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    For me the positive reminder is the graphite is easily mineable in soft clay, shallow, low strip ratio, just a gentle dip at Lacroma (could easily get a nice open pit there) and the metallurgy is good for both Campoona, Lacroma, still a bit of testwork to go with Lacroma to confirm it's suitable for battery use, but pretty confident they get there, they only had like 4 historical drill holes at Lacroma to go off before all this drilling began.

    I believe someone will end up mining this imo at the right time.

    Looks like there is a bit of conflicting views on Reynolds Range, they just picked up the project give them time and they may find something worth mining there or maybe not. As we saw though some hot rockchips on a hot commodity got the sp running the right way, whether they translate to some fresh drilling that's another thing. But one thing is a higher sp means less dilution for CR.
 
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