Diamond Drilling Confirms Graphite Mineralisation From Surface To Over 200m Depth At Lacroma Deposit

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HIGHLIGHTS

  • Diamond drilling results from Lacroma Central demonstrate continuous thick graphite mineralisation and will provide essential information for the Mineral Resource Estimation.
  • Significant graphite results from the diamond drill assays at Lacroma Central include:

o LADD24-001

  • 87m @ 6.3% TGC from 7m
  • incl 13m @ 10.3% TGC from 41m
  • and 7m @ 8.7% TGC from 62m


o LADD24-002

  • 84m @ 7.2% TGC from 13m
  • incl 21m @ 10.3% TGC from 70m
  • and 15m @ 5.7% TGC from 108m


o LADD24-003

  • 78m @ 7.3% TGC from 25m
  • incl 43m @ 8.7% TGC from 42m
  • and 5m @ 6.5% TGC from 114m


o LADD24-004 

  • 8m @ 6.4% TGC from 43m
  • and 2m @ 7.9% TGC from 134m
  • and 82m @ 6.7% TGC from 154m
  • incl 26m @ 8.6% TGC from 183m


o LADD24-005

  • 14m @ 6.4% TGC from 62m
  • and 24m @ 6.7% TGC from 132m
  • and 36m @ 7.7% TGC from 171m
  • incl 12m @ 9.8 TGC from 191m

We are really pleased to see the latest results confirm the continuity of the thickest section of the graphite mineralisation at Lacroma Central, with intersections up to 87m, and provide us with the data essential for the mineral resource estimation. This drilling was also the deepest done to date at Lacroma and we were very encouraged to see a number of the holes end in mineralisation. This provides iTech with good potential for growing the Lacroma resource in the future

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