WATCH: In this Exploration Update iTech’s Managing Director Mike Schwarz discusses the latest ASX release and company activities  (5min)
HIGHLIGHTS
• The strike of graphite mineralisation and resource drilling has increased from 500m to over 1700m with the latest drill results.
Significant graphite results from the latest drill assays at Lacroma Central include:
o LARC23-131 – 10m @ 6.0% TGC from 8m
and 30m @ 4.9% TGC from 24m
and 28m @ 7.4% TGC from 70m
incl 20m @ 8.5% TGC from 73m
and 54m @ 5.5% TGC from 104m
o LARC23-130 – 30m @ 7.3% TGC from 33m
incl 12m @ 8.9% TGC from 47m
and 64m @ 5.3 TGC from 72m
o LARC23-125 – 28m @ 5.1% TGC from 10m
and 34m @ 7.3% TGC from 48m
incl 16m @ 8.7% TGC from 65m
o LARC23-132 – 15m @ 6.4% TGC from 37m
and 22m @ 4.9% TGC from 58m
and 4m @ 5.5 TGC from 84m
and 11m @ 7.1% TGC from 65m
o LARC23-139 – 36m @ 7.3% TGC from 13m
incl 15m @ 8.8% TGC from 33m
and 11m @ 5.2% TGC from 59m
and 12m @ 8.0% TGC from 82m
and 10m @ 7.2% TGC from 111m
- Click to enlarge
Drill plan of Lacroma Central resource drilling area with latest significant assay results
• A maiden resource for Lacroma Central is due in May 2024.
• The first round of resource drilling at Lacroma Central is now complete.
• The RC drill rig has moved to Lacroma North where drilling is targeting an airborne electromagnetic anomaly twice the size of Lacroma Central.
More than tripling the strike of graphite mineralisation in resource drilling is an outstanding result for Lacroma Central. Mineralisation now extends over 1.7 km, is shallow with little to no overburden, is highly weathered with a deep-water table. All these factors point to the potential for a low-cost graphite operation
WATCH: In this Exploration Update iTech’s Managing Director Mike Schwarz takes a deep dive into the new drill targets that have been generated at the Campoona Graphite Project  (7min)
RECENT NEWS FROM THE CAMPOONA GRAPHITE PROJECT
iTech Launches Share Purchase Plan (SPP)
iTech Expands Graphite Mineral Resource By Over 300%
