Numbers are looking good.... Final drill results from the remaining 109 drill holes at the Caralue Bluff regolith hosted REE – Kaolin Prospect return thick, high-grade intervals of REE mineralisation in the clay rich weathering profile • An expansive area of consistent clay hosted REE mineralisation has now been defined over an area of 10 km x 9.5 km which is open in all directions • Intersections include: o CBAC22-101 – 14m @ 1,148 ppm TREO from 30m o CBAC22-120 – 9m @ 1,286 ppm TREO from 12m o CBAC22-144 – 8m @ 1,437 ppm TREO from 10m o CBAC22-162 – 10m @ 1,157 ppm TREO from 14m o CBAC22-170 – 5m @ 941 ppm TREO from 20m o CBAC22-219 – 5m @ 928 ppm TREO from 16m o CBAC22-229 – 11m @ 1,201 ppm TREO from 16m o CBAC22-239 – 3m @ 1,282 ppm TREO from 24m o CBAC22-255 – 11m @ 1,201 ppm TREO from 16m • These results infill and confirm the high-grade nature of clay hosted REE mineralisation across the prospect “The Caralue Bluff Prospect has now been confirmed as iTech’s most significant occurrence of clay hosted REE mineralisation within the Eyre Peninsula Project. With consistent, shallow and high-grade REE mineralisation over an area of 10 km by 9.5 km it forms a solid foundation to investigate the potential.”
ITM Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
