Good results, great effort.
ACHIEVES >94% GRAPHITE CONCENTRATE FOR PSG FEEDSTOCK • Metallurgical tests have achieved high purity fine flake graphite suitable for purified spherical graphite (PSG) production o Average purity of greater than 94% total graphitic carbon (TGC) with estimated recoveries of ~84% o >98% of graphite concentrates are less than 150 m (small flake size) which is used for PSG production • Results were achieved through conventional graphite flotation process (non-chemical, non-thermal) with potential for improvement from on-going test work • Campoona’s metallurgical properties compare favourably to early test work at Renascor’s Siviour Deposit just 40km to the south • Bulk sample production (50 kg) for PSG test work is now underway • Planning progressing for resource expansion drilling at the Lacroma Graphite Prospect north of Campoona iTech Minerals Ltd (ASX: ITM, iTech or Company) has achieved a significant milestone at the Campoona Spherical Graphite Project with the production of a >94% TGC concentrate and recoveries of ~84% using an industry standard flotation circuit. Figure 1. QEMSCAN image of flake graphite “These results confirm the potential for Campoona to produce a high-quality graphite concentrate suitable for the high growth lithiumion battery sector. On-going test work will aim to establish an environmentally friendly spherical graphite production process which can be used to add significant value to the Campoona graphite concentrate” Managing Director Mike Schwarz Location – Eyre Peninsula Project, South Australia Contact: Michael Schwarz Managing Director E: [email protected] Ph: +61 2 5850 0000 W: www.itechminerals.com.au Or Gavan H Farley Director - Corporate Advisory Novus Capital Mob: +61 420 520 300 Main: +61 2 9375 0114 E: [email protected] BOARD &
ITM Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
