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An announcement from ITech Minerals LTD ( (AU:ITM) ) is now available.
iTech Minerals Ltd has announced a significant reinterpretation of its geological model at the Sabre Gold-Antimony Prospect, extending the strike length of mineralization from 500m to 800m. This development, along with the completion of a major geophysics program at Reynolds Range, has identified new drill targets for gold and antimony, enhancing the company’s exploration prospects. The company also anticipates satisfying the final condition in a lithium deal with SQM, which will result in a $2.0 million payment, indicating a positive financial outlook.
More about ITech Minerals LTD
iTech Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include gold and antimony, with a significant market focus on the Reynolds Range project in the Northern Territory, Australia.
Average Trading Volume: 458,068
Technical Sentiment Signal: Sell
For detailed information about ITM stock, go to TipRanks’ Stock Analysis page.
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