The ATMs fueling the illegal tobacco trade
An ABC investigation has uncovered a connection between the illicit tobacco trade and a major Australian investment bank.
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The Australian
an hour ago
- The Australian
ITM on tail of Reynolds Range antimony
ITM identifies up to 12.35g/t gold and 5.4% antimony in historical drilling Results add to project's gold and antimony prospectivity with new structures emerging Mapping and sampling planned ahead of drilling Special Report: iTech Minerals has identified gold and antimony in data from historical drilling and rock chips at Falchion prospect of its Reynolds Range project in the NT. The project area is part of the ~42km-long Stafford Gold Trend with 50km of strike coincident with the Trans-Tanami regional structure. Previous gold exploration at Reynolds Range in the 1990s was conducted primarily by Poseidon Gold, Exodus Minerals, North Flinders Mines, Normandy and Newmont. Historical drill holes at Falchion were on the hunt for gold and not routinely analysed for antimony. But now, the company has revealed historical mineralisation over a strike of 400m and this is open to the east. Notable results include: 22m at 2.20g/t gold and 2.3% antimony and 8m at 1.3g/t Au including 2m at 12.35g/t Au and 5.4% Sb; 24m at 2.75g/t Au; 10m at 1.29g/t Au; and 7m at 1.4g/t Au. A review of the controls on gold and antimony mineralisation has identified multiple prospective structures in the surrounding region and this new geological interpretation allows for expanded gold prospectivity at Falchion and surrounding prospects. iTech Minerals (ASX:ITM) plans to test targets down dip of existing mineralisation, extensions of mineralisation to the west and underneath mineralised rock chips missed by historical drilling as well as exploring along strike of the northern gold zone to the east. Watch: iTech joins forces with powerhouse SQM 18km of prospective gold/antimony structures Notably, the geological review found chargeability anomalies caused by high concentrations of sulphides (including pyrrhotite) associated with gold-antimony mineralisation and defined by gradient array induced polarisation. The company also found a subtle magnetic anomaly due to high concentrations of magnetic pyrrhotite associated with gold-antimony mineralisation. ITM has now identified more than 18km of prospective structures coincident with a regional 6.5km-long antimony in lag soil anomaly. 'A review of historical drilling at the Falchion gold-antimony prospect has identified up to 400m of mineralised strike just 1.4km from the 800m-long Sabre gold antimony prospect to the east,' managing director Mike Schwarz said. 'Importantly the Falchion prospect remains open at depth and to the east. 'Up to 18km of prospective structures have been identified in the region based on similarities to the Falchion and Sabre prospects.' Mapping and sampling of the newly identified prospective structures is planned to help narrow down targets with potential for economic mineralisation for drill testing. Drilling is expected to commence in the second half of 2025. This article was developed in collaboration with iTech Minerals, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

News.com.au
an hour ago
- News.com.au
‘Disgusting': NRL world up in arms over ugly Jarome Luai ‘eye gouge'
NSW star Jarome Luai has come under fire for a suspected eye gouge on Queensland enforcer Reuben Cotter in State of Origin Game 2 on Wednesday night. Midway through the first half, Luai put his hands all over the face of the Maroons back-rower, with his fingers appearing to rake across his eyes. FOX LEAGUE, available on Kayo Sports, is the only place to watch every game of every round in the 2025 NRL Telstra Premiership, LIVE with no ad-breaks during play. New to Kayo? Get your first month for just $1. Limited-time offer. The act landed the Blues playmaker on report but no further action was taken. The Channel 9 commentary team also breezed past it. But those watching on at home were up in arms, questioning how Luai wasn't at least sin-binned as they called out the nasty act. 'Disgusting eye gouge from Jarome Luai. No place in the game for that. Commentators should be calling that out instead of going silent,' one fan commented on X. 'So none of the commentators are gonna mention the blatant eye gouge by Luai?' asked another. You can watch the suspected Jarome Luai eye gouge in the player above. 'Well, Luai won't be playing for the Wests Tigers for a few weeks. That's our season done,' a Tigers fan wrote, hinting at the likely long ban the half could receive if it was found to be an eye gouge. While a fourth added: 'I'm absolutely shocked that Luai didn't get 10 for the blatant eye gouge. Gobsmacked.' The 28-year-old's act wasn't the only incident to be called out by Maroons fans either, with Blues winger Zac Lomax placed on report shortly after Luai for lashing out with his elbow after a tackle from Trent Loiero. 'On report. You lashed out and hit him in the head,' referee Ashley Klein was heard saying. Safe to say the Blues' extra aggression drew the ire of fans, particularly those wearing Maroon. 'Can someone explain why Lomax doesn't go to the bin for elbowing Loiero in the face?' one fan wrote. 'That is terrible. Luai eye gouge and then that from Lomax. I thought Queensland was the team meant to be feeling the pressure,' another added. 'Absolutely shocking from Lomax,' a third said.

News.com.au
2 hours ago
- News.com.au
Optus agrees to pay $100 million penalty
ACC Deputy Chair Catriona Lowe discusses the reasons behind Optus agreeing to pay a large penalty. Optus has agreed to pay a $100 million dollar penalty after admitting to unconscionable conduct. Optus sold services to people who it knew could not afford them and in some cases, pursued those people with debt collectors.