Australia's Itech Minerals leaps on further graphite finds

Itech Minerals

23/03/2023 03:33

** Shares of minerals explorer Itech Minerals Ltd  ITM.AX 
rise as much as 7.5% to A$0.2525, their best intraday gain since
Feb. 2 
    ** Says recent drilling at its Sugarloaf prospect in South
Australia found graphite mineralisation was double that of
previously known 
    ** Co also got samples of graphite mineralisation for
further metallurgical research 
    ** As of last close, ITM down 11.3% YTD 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))