iTech Minerals Uncovers New High-Grade Antimony-Gold-Copper Targets at Reynolds Range
iTech Minerals has identified significant new mineralisation zones at its Reynolds Range project in the Northern Territory, including high-grade antimony, gold, and copper, with drilling planned for late 2025 to test these promising targets.
- Dipole-dipole induced polarisation survey reveals major chargeability anomalies near Sabre and Falchion prospects
- New high-grade gold and copper mineralisation discovered at Bayonet prospect
- Rock chip samples show up to 30.6% antimony and 24 g/t gold at Sabre and Falchion
- Compelling new antimony-gold target identified 600m southeast of Sabre
- Drilling scheduled for late October to early November 2025 following heritage clearances
Exploration Breakthrough at Reynolds Range
iTech Minerals Ltd (ASX, ITM) has announced a significant advancement in its exploration efforts at the Reynolds Range project in the Northern Territory. A recently completed dipole-dipole induced polarisation (DDIP) geophysical survey has pinpointed a substantial chargeability anomaly near the Sabre and Falchion antimony-gold prospects, reinforcing the potential for high-grade mineralisation in the region.
The survey results align closely with historical data, confirming steeply dipping structures that appear to control the distribution of antimony and gold mineralisation. Notably, a new chargeability anomaly located 600 metres southeast of Sabre presents a compelling new target for further exploration, suggesting the mineralising system may be more extensive than previously understood.
High-Grade Rock Chip Results Bolster Prospects
Complementing the geophysical data, recent mapping and rock chip sampling along the survey traverse have revealed impressive grades of gold, copper, and antimony. At the Bayonet prospect, located just one kilometre southwest of Sabre, rock chips returned up to 15.4 grams per tonne (g/t) gold and 10.1% copper, indicating a newly identified mineralised structure extending over 200 metres.
Meanwhile, the Sabre and Falchion prospects continue to deliver exceptional results, with rock chips showing antimony concentrations as high as 30.6% coupled with gold grades up to 24 g/t. These findings underscore the polymetallic nature of the mineralisation and highlight the project's potential to host economically significant deposits.
Strategic Next Steps and Drilling Plans
With heritage clearances secured and government drilling approvals underway, iTech Minerals is preparing to commence a targeted drilling program in late October to early November 2025. The upcoming drill campaign aims to test the depth extent of the high-grade antimony mineralisation beneath the surface outcrops at Sabre and Falchion, as well as the newly identified chargeability anomaly to the southwest of Sabre.
Managing Director Michael Schwarz emphasized the value of the multidisciplinary approach, combining geophysical surveys with detailed geological mapping and sampling. "This patient and integrated exploration strategy is paying dividends, revealing new mineralised structures and expanding our understanding of the Reynolds Range system," he said.
Broader Regional Context and Partnerships
The Reynolds Range project spans four granted exploration licences covering 791 square kilometres within the Paleoproterozoic Aileron Province. The area is part of the extensive Stafford Gold Trend, which hosts multiple prospects along a 42-kilometre strike. iTech Minerals holds 100% ownership through its subsidiary and has entered a memorandum of understanding with SQM Australia to develop lithium resources in the region, highlighting the project's strategic importance for critical minerals.
Historical exploration has laid a foundation of knowledge, but fresh rock beneath shallow cover remains largely untested, offering significant upside potential. The new geophysical and geochemical data from iTech's recent work provide a strong platform for advancing the project toward resource definition.
Bottom Line?
As iTech Minerals gears up for drilling, the Reynolds Range project stands poised to reveal its full mineral potential, with investors watching closely for assay results that could reshape the company's outlook.
Questions in the middle?
- Will drilling confirm the depth and continuity of the high-grade antimony and gold mineralisation?
- How might the newly identified Bayonet gold-copper structure impact the overall project valuation?
- What are the potential challenges in advancing the project through regulatory and heritage approvals?