Australia's Itech Minerals rises on copper-gold potential in Aileron Province

Itech Minerals

07/06/2024 05:20

** Shares of Itech Minerals  ITM.AX  rise as much as 4.4% to
A$0.071, set for their best day since May 15
    ** Battery materials and critical minerals developer
confirms copper-gold potential identified at Reynolds Range
Project in Aileron Province
    ** Says mapping and sampling have confirmed the potential
for widespread copper, gold and silver mineralisation across the
~70km of strike Lander Shear Zone covered by the tenement
package
    ** Adds potential for lithium mineralisation was identified
across the entire tenement package 
    ** About 652,383 shares change hands, compared with the
30-day average volume of 102,177
    ** Stock has fallen 38.2% so far this year, as of last close

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))