Itech Minerals Ltd · ASX:ITM
Itech Minerals — Shareholder Meeting (November 2024)
45 slides from Itech Minerals's shareholder meeting presentation, Nov 25, 2024
Slide 1: AGM Presentation
AGM PRESENTATION 25 NOVEMBER 2024 VIDEO: Watch iTech’s Managing Director Mike Schwarz give this presentation.
Slide 2: Board & Management
BOARD & MANAGEMENT Glenn Davis Jarek Kopias Non-executive Chairman Chief Financial Officer and Company Secretary LLB, BEc, FAICD BCom, CPA, AGIA, ACG (CS, CGP) Over 30 years experience as a solicitor in corporate and risk throughout Australia initially in a national firm and then a firm he founded C
Slide 3: Click to edit general text style
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Slide 4: Reynolds Range Project Overview
REYNOLDS RANGE PROJECT OVERVIEW iTECH’S NEW CRITICAL MINERALS PROJECT • The Reynolds Range Project consists of three Exploration COPPER-GOLD-LITHIUM-REE Licenses (EL23888, EL 28083 and EL23655) • The project covers 375km² in the Aileron Province and is located 90–230 km NNW of Alice Springs, accessi
Slide 5: A New Lithium Pegmatite Discovery
Click to edit general text style A NEW LITHIUM PEGMATITE Lithium-bearing pegmatite from the GMF 1 Pegmatite DISCOVERY
Slide 6: Lithium Pegmatite Discovery
REYNOLDS RANGE PROJECT LITHIUM PEGMATITE DISCOVERY A NEW LITHIUM PEGMATITE DISCOVERY • Existing tin mines in pegmatites gave the iTech team clues to prospectivity • Multiple rock chip samples taken at historical tin workings returned results of over 8% Lithium Watch more about the Lithium potential
Slide 7: GMF Pegmatite
REYNOLDS RANGE PROJECT GMF PEGMATITE GMF 1 PEGMATITE • Mapped at approx. 90m wide by 290m long before disappearing under cover • Zoned pegmatite, with quartz core, then very coarse spodumene crystals with quartz, albite, plagioclase, muscovite and tourmaline, then fine grained margins with tourmalin
Slide 8: GMF Pegmatite Lithium Potential
REYNOLDS RANGE PROJECT GMF PEGMATITE LITHIUM POTENTIAL Spodumene confirmed by XRD analysis Mineral Quartz Spodumene Mica group K-Feldspar Plagioclase Total Unassigned Peak RR24-005 2 83 3 12 100 Tr RR24-027 16 84 100 Tr Elements/Oxides (%) Al Ca Fe K Li Mg Mn Na P Ti RR24-005 9.66 0.1 0.97 0.74 3.02
Slide 9: GMF Pegmatite Lithium Potential
REYNOLDS RANGE PROJECT GMF PEGMATITE LITHIUM POTENTIAL Spodumene confirmed by XRD analysis Mineral Quartz Spodumene Mica group K-Feldspar Plagioclase Total Unassigned Peak RR24-005 2 83 3 12 100 Tr RR24-027 16 84 100 Tr Elements/Oxides (%) Al Ca Fe K Li Mg Mn Na P Ti RR24-005 9.66 0.1 0.97 0.74 3.02
Slide 10: GMF Pegmatite Lithium Potential
REYNOLDS RANGE PROJECT GMF PEGMATITE LITHIUM POTENTIAL GMF Pegmatite – Very coarse grained spodumene at/near surface “Lithium Pegmatite Discovered at Reynolds Range” released 24 July 2024
Slide 11: Growing Lithium Potential
REYNOLDS RANGE PROJECT GROWING LITHIUM POTENTIAL GROWING THE LITHIUM POTENTIAL • Fine spodumene identified at Mt Stafford Pegmatite and GMF 2 Pegmatite • Extends known fertility of spodumene-bearing pegmatites to over 5 km of strike in 3 different pegmatites • Many more to sample, swarms evident “Sp
Slide 12: GMF 2 Pegmatite
REYNOLDS RANGE PROJECT GMF 2 PEGMATITE GMF 2 PEGMATITE 1.7 KM WEST OF GMF PEGMATITE • Forms part of a large swarm of pegmatites • Fine grained spodumene in hand specimen • Qtz-feldspar-tourmaline-muscovite-beryl pegmatite • Evidence of spodumene crystal casts in quartz • Highly elevated (>5000ppm) R
Slide 13: GMF 2 Pegmatite
REYNOLDS RANGE PROJECT GMF 2 PEGMATITE GMF 2 PEGMATITE 1.7 KM WEST OF GMF PEGMATITE • Forms part of a large swarm of pegmatites • Fine grained spodumene in hand specimen • Qtz-feldspar-tourmaline-muscovite-beryl pegmatite • Evidence of spodumene crystal casts in quartz • Highly elevated (>5000ppm) R
Slide 14: Mt Stafford Pegmatite
REYNOLDS RANGE PROJECT MT STAFFORD MT STAFFORD PEGMATITE 3KM NORTHWEST OF GMF 1 PEGMATITE • Fine grained spodumene in hand specimen • Shallowly dipping qtz-feldspar-tourmaline- muscovite-beryl pegmatite • Highly elevated (>6000ppm) Rb in K-feldspar which indicates a fertile pegmatite • K/Rb of K-fel
Slide 15: Regional Lithium Potential
REGIONAL LITHIUM Click to edit general text style POTENTIAL Large pegmatite outcropping at the Reynolds Range Project
Slide 16: Regional Lithium Potential: A New Lithium Province?
REYNOLDS RANGE PROJECT REGIONAL LITHIUM POTENTIAL IS THIS A NEW LITHIUM PROVINCE? • Over 120 pegmatites interpreted from satellite imagery across 60km • Individual pegmatites mapped by drone survey at over 1.2 km long and >100m wide • Potential new province/belt scale system x Large pegmatite outcro
Slide 17: iTech Partners with SQM
REYNOLDS RANGE PROJECT iTECH PARTNERS WITH SQM SQM PARTNERSHIP • iTech believes it will take the technical capability and financial resources of one of the world’s largest lithium chemical producers, like SQM, to fully capture the value of this exciting new project. • SQM is a world leading, lithium
Slide 18: SQM Partnership Terms
REYNOLDS RANGE PROJECT iTECH PARTNERS WITH SQM SQM PARTNERSHIP • SQM can earn an immediate 30% interest in the lithium rights by paying an initial fee of A$2 million upon completion of due diligence. • SQM has the option to earn up to 51% in the lithium rights by spending A$7 million on exploration,
Slide 19: The Copper-Gold Potential
Click to edit general text style THE COPPER -GOLD POTENTIAL
Slide 20: Copper-Gold Potential: Historical Results
REYNOLDS RANGE PROJECT COPPER – GOLD POTENTIAL HISTORICAL RESULTS HIGHLIGHT POTENTIAL FOR COPPER-GOLD MINERALISATION • Sabre Prospect o 17m @ 3.93g/t Au from 13m o including 2m @ 18.15g/t Au from 20m o 24m @ 2.6g/t Au from 36.5m o 33m @ 2.3g/t Au from 18m • Reward Prospect o 20.3% Cu, 191.0 g/t Ag 0
Slide 21: Understanding the Mineralisation
REYNOLDS RANGE PROJECT COPPER – GOLD POTENTIAL UNDERSTANDING THE MINERALISATION • Ongoing mapping and sampling campaign • Covering ~ 60 km of mineralised trend x • Focussing on copper-gold and epithermal gold-antimony systems Collecting rock chip samples at the Scimitar Prospect
Slide 22: Gold Potential: Rock Chip Results
REYNOLDS RANGE PROJECT GOLD POTENTIAL GOLD ROCKCHIP RESULTS • Fast tracked results for gold assays from rock chips at Reynolds Range have returned up to 182 g/t Au • Numerous outcropping low-sulphidation gold style veins systems were identified and sampled at the Sabre, Falchion, Cutlass and Trout p
Slide 23: Copper-Silver-Base Metal Rockchip Sampling Program
REYNOLDS RANGE PROJECT COPPER – SILVER – BASE METALS COPPER-SILVER-BASE METAL ROCKCHIP SAMPLING PROGRAM
Slide 24: Copper-Silver-Lead Rockchip Results
REYNOLDS RANGE PROJECT COPPER – SILVER – BASE METALS COPPER-SILVER-LEAD ROCKCHIP RESULTS • Rock chips at Reynolds Range have returned up to • 18.2% Cu, 1.0 g/t Au and 285 g/t Ag • 14.2% Cu, 3.3 g/t Au and 1490 g/t Ag • 19.5% Cu, 3.3 g/t Au and 2,090 g/t Ag • 19.6% Cu and 12.2 g/t Au and 785 g/t Ag •
Slide 25: Copper-Silver-Lead Rockchip Results
REYNOLDS RANGE PROJECT COPPER – SILVER – BASE METALS COPPER-SILVER-LEAD ROCKCHIP RESULTS • Rock chips at Reynolds Range have returned up to • 18.2% Cu, 1.0 g/t Au and 285 g/t Ag • 14.2% Cu, 3.3 g/t Au and 1490 g/t Ag • 19.5% Cu, 3.3 g/t Au and 2,090 g/t Ag • 19.6% Cu and 12.2 g/t Au and 785 g/t Ag •
Slide 26: Copper-Silver-Lead Rockchip Results
REYNOLDS RANGE PROJECT COPPER – SILVER – BASE METALS COPPER-SILVER-LEAD ROCKCHIP RESULTS • Rock chips at Reynolds Range have returned up to • 18.2% Cu, 1.0 g/t Au and 285 g/t Ag • 14.2% Cu, 3.3 g/t Au and 1490 g/t Ag • 19.5% Cu, 3.3 g/t Au and 2,090 g/t Ag • 19.6% Cu and 12.2 g/t Au and 785 g/t Ag •
Slide 27: Scimitar Copper-Gold Prospect
REYNOLDS RANGE PROJECT SCIMITAR COPPER – GOLD PROSPECT SCIMITAR COPPER - GOLD PROSPECT 5KM X 4 KM LAG SOIL ANOMALY “Copper-Gold-Silver Prospectivity Extended at Reynolds Range” released 26 September 2024
Slide 28: Scimitar Copper-Gold Prospect
REYNOLDS RANGE PROJECT SCIMITAR COPPER – GOLD PROSPECT SCIMITAR COPPER - GOLD PROSPECT MULTI-ELEMENT LAG SOIL ANOMALY “Copper-Gold-Silver Prospectivity Extended at Reynolds Range” released 26 September 2024
Slide 29: Scimitar-Reward Area
REYNOLDS RANGE PROJECT SCIMITAR COPPER – GOLD PROSPECT SCIMITAR-REWARD AREA EXAMPLES OF SURFACE COPPER MINERALISATION “18.2% Cu and 1,490 g/t Ag Rock Chips at Reynolds Range” released 23 July 2024
Slide 30: Scimitar Prospect Drill Targets
REYNOLDS RANGE PROJECT SCIMITAR PROSPECT DRILL TARGETS SCIMITAR COPPER GOLD PROSPECT HIGH-PRIORITY DRILL TARGETS • Historical diamond drill hole was drilled into smaller EM target • Identified base metal veining but didn’t hit EM target • Second planned hole into larger EM target never drilled due t
Slide 31: Commanding Ground Position
REYNOLDS RANGE PROJECT COMMANDING GROUND POSITION EXPANDING iTECH’S FOOTPRINT IN THIS PROSPECTIVE REGION • New tenement application to the south • When granted, will increase landholding by >100% • Covers same prospective trend for copper- silver-gold and low sulphidation gold systems • Covers addit
Slide 32: Developing a Graphite Resource
DEVELOPING A GRAPHITE RESOURCE Click to edit general text style
Slide 33: Eyre Peninsula Project: A Graphite Resource
EYRE PENINSULA PROJECT A GRAPHITE RESOURCE • 100% owned by iTech Minerals • De-risked opportunity to supply spherical graphite into the battery markets • JORC 2012 graphite resource of 35.2Mt @ 6.0% Total Graphitic Carbon (TGC) • Granted mining lease and 2 multipurpose leases for processing and wate
Slide 34: Eyre Peninsula Project Resource & Mine Life
EYRE PENINSULA PROJECT RESOURCE & MINE LIFE THEN NOW PRE 2024 RESOURCES INCLUDING NEW RESOURCES FROM LACROMA 2023 Global Resource = 8.5Mt @ 9.0% TGC 2024 Global Resource = 35.2Mt @ 6.0% TGC • Current: • Current: ~10-year mine life @ theoretical 50,000 t.p.a >30-year mine life @ theoretical 50,000 t.
Slide 35: Eyre Peninsula Project Product Development
EYRE PENINSULA PROJECT PRODUCT DEVELOPMENT iTECH IS DEVELOPING A RANGE OF PRODUCTS FROM ITS AUSTRALIAN GRAPHITE DEPOSITS
Slide 36: Lacroma Deposit
EYRE PENINSULA PROJECT LACROMA DEPOSIT iTECH DELIVERING A SIGNIFICANT INCREASE IN GRAPHITE RESOURCES • Mineralisation occurs from surface with a shallow dip to the east, implying a low strip ratio and early delivery of product to market. • Graphite mineralisation is highly weathered and dominantly c
Slide 37: Lacroma: Simple Geology & Simple Metallurgy
EYRE PENINSULA PROJECT LACROMA DEPOSIT SIMPLE GEOLOGY & SIMPLE METALLURGY • Traditional flotation metallurgy works • 94%TGC concentrate with 95% recovery “Lacroma Graphite Project achieves 94% Graphite Concentrate” released 20 May 2024
Slide 38: Path to Resource Growth
EYRE PENINSULA PROJECT PATH TO RESOURCE GROWTH Tested extent of graphite mineralisation over Confirm metallurgy = Lacroma – Good 1.7km. 20,000m of 94% concentrate, Updated global metallurgy, Feed back into drilling to depth of ~ >95% recovery, resource of 35.2 Mt unknown resource 175m. Graphite sphe
Slide 39: Sugarloaf Exploration Target
EYRE PENINSULA PROJECT SUGARLOAF EXPLORATION TARGET
Slide 40: Sugarloaf Exploration Target
EYRE PENINSULA PROJECT SUGARLOAF EXPLORATION TARGET Historical drilling by Archer Materials (ASX:AXE) 2023 drilling by iTech Minerals (ASX:ITM) “Outstanding Drill Results from Sugarloaf Graphite Prospect” released on 28 April 2023
Slide 41: Sugarloaf Drilling Results
EYRE PENINSULA PROJECT SUGARLOAF DRILLING RESULTS BEST RESULTS INCLUDE: o SLRC23-006 – 28m @ 15.0% TGC from 75m and 18m @ 11.2% TGC from 114m, ended in mineralisation o SLRC23-004 – 17m @ 6.4% TGC from 80m o SLRC23-002 – 6m @ 5.3% TGC from 39m and 6m @ 7.8% TGC from 48m and 2m @ 12.6% TGC, ended in
Slide 42: Sugarloaf Metallurgy
EYRE PENINSULA PROJECT SUGARLOAF METALURGY SUGARLOAF EXPLORATION TARGET1 UNLOCKING THE METALLURGY WILL UNLOCK THE VALUE • Potential to expand resources with ET of 158 - 264 Mt @ 7 - 12 % TGC at Sugarloaf KM • $1.1M CRC-Project awarded to produce battery anode material from 3 Sugarloaf graphite 4. •
Slide 43: New Drill Targets
EYRE PENINSULA NEW DRILL TARGETS PROJECT CAMPOONA GRAPHITE PROJECT NEW TARGETS GROWING THE GLOBAL RESOURCE NEW TARGETS Prospect Lacroma Central Balumbah Balumba North Length 2.3 km 3.0 km 1.5 km Width 0.5 km 1.0 km 0.8 km AEM Anomaly peak strength 130 390 180 (50-100m) Graphite in historical Yes, ma
Slide 44: The iTech Advantage
EYRE PENINSULA PROJECT THE iTECH ADVANTAGE iTECH’S GREEN GRAPHITE ADVANTAGE – LEVERAGED TO CAPITALISE ON A LOOMING GRAPHITE SHORTFALL • iTech’s projects have all the hallmarks of a low-cost operation • Excellent ore body geometry with mineralisation at surface. • Deeply weathered, low sulphide conte
Slide 45: Information
INFORMATION For further information please contact the authorising officer Michael Schwarz: iTech Minerals Michael Schwarz, FAusIMM, AIG Managing Director E: mschwarz@itechminerals.com.au Ph: +61 2 5850 0000 W: www.itechminerals.com.au iTech confirms that the Company is not aware of any new informat