ITM itech minerals ltd

6.90%

3.1¢

Ann: Final Drill Results from Caralue Bluff Prospect, page-9

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Heeman

5,299 Posts.

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11/08/22

12:57

Post #: 63055633
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Originally posted by setfire2thehive ↑

I'm not sure if I've misunderstood the question.

the 3 aus based deposit that have proven ionic material is present via the salt leach are ITM based in SA. AR3 in SA(bordering Vic) ABX Tasmania. imho ar3 and abx not really viable as per previous post. itm still has that possibility. looks best chance to be and has other projects to underpin mc if not

IXR is the only other asx listed company to have proven ionic material. deposit is in uganda. The reason for its higher MC likely driven by the fact but it's the best deposit of them so far, also proven it's very economical via a study and mine to magnet strategy. deposit based in Uganda. seperation facilities and magnet recycling to be based in EU/US.

disclosure; I only hold ixr and itm in REO space.
SF2TH

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yeah a bit of confusion. as you know many are reporting ionic clay REE results. but its not very clear if they are using acid or harmless sodium.

from ITM today:
Samples are being tested for their easily leachable REE component with a straight acid leach at pH 1-2 and then for the ionic component with a leaching solution at pH 4 and 0.5M ammonium sulphate

ITM Price at posting: 38.0¢ Sentiment: None Disclosure: Not Held
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Ann: Final Drill Results from Caralue Bluff Prospect, page-9

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Ann: Final Drill Results from Caralue Bluff Prospect, page-9

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