iTech Minerals Ltd (ASX:ITM)
iTech Minerals Ltd (ASX:ITM) is a speculative exploration company aiming to explore and develop mineral assets formerly owned by Archer Minerals Limited (ASX:AXE).
These assets include industrial (kaolin and halloysite) mineral and battery mineral projects. Archer is disposing of these assets due to a change of its focus from minerals exploration to advanced technology.
ITech Mineral's Projects consist of exploration licences, a mining lease, miscellaneous purpose leases and exploration licence applications in South Australia. The Company may also acquire interests in a further 2 exploration licences in New South Wales, subject to the relevant consent.
The Company's Projects can be divided into the following areas:
- The Eyre Peninsula region of the Gawler Craton in South Australia
- The Nackara Arc in South Australia
- The South Cobar Basin Project and the Stanthorpe Project in New South Wales Projects (subject to consent)