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iTech Minerals Ltd (ASX:ITM)

ALERT: Price-sensitive ASX Announcement for ITM
Current share price for ITM : $0.057 0.023 (67.65%)+
Announcement
Release
22 Jul 2026 9:56AM
Price at Release
$0.034
Full Release
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Summary
iTech Minerals Ltd's quarterly activities and cash flow report for the period ending 30 June 2026 highlights significant progress in their exploration projects. The company commenced drilling at the Reynolds Range gold-antimony prospects with up to 56 reverse circulation drill holes planned. Stage 1 of the drilling program was completed and samples have been submitted for assay. A detailed soil sampling program was conducted, revealing a new zone of gold-antimony mineralization at the Falchion Prospect. Financially, the company reported cash at bank of $4.02 million at the end of the quarter, with significant expenditures related to exploration activities at the Reynolds Range project as well as graphite metallurgical studies. The report also outlines a joint venture with SQM International Pty Ltd on the lithium mineral rights for the Reynolds Range project.
Key Points
  • Commenced drilling at Reynolds Range gold-antimony prospects.
  • Completed Stage 1 of the drilling program; results expected in late July/early August 2026.
  • Conducted soil sampling program, defining a new zone of mineralization at Falchion.
  • Reported cash at bank of $4.02 million on 30 June 2026.
  • Incurred significant expenditure in exploration and graphite metallurgical studies.
  • Joint venture with SQM International for lithium rights at Reynolds Range.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.