iTech Minerals Unveils High-Grade Gold and Antimony Hits at Reynolds Range

Exploration Breakthrough at Reynolds Range

iTech Minerals Ltd (ASX, ITM) has delivered a promising update from its Reynolds Range Project in the Northern Territory, revealing high-grade gold and antimony mineralisation from recent drilling campaigns. The company’s December 2025 quarterly report highlights significant intercepts at the Sabre and Falchion prospects, reinforcing the project's potential within the Paleoproterozoic Aileron Province.

Drilling at Sabre corrected historical inaccuracies in hole placement and orientation, confirming a continuous zone of mineralisation up to 30 metres thick, with grades improving at depth. Notable results include intercepts such as 26 metres at 1.37 grams per tonne gold from surface and 31 metres at 2.5 grams per tonne gold from 61 metres depth. These findings suggest a robust and consistent mineralised system that had previously been obscured by data inconsistencies.

Falchion Prospect Delivers High-Grade Hits

At Falchion, located just 1.5 kilometres northwest of Sabre, drilling confirmed continuous gold mineralisation over an 80-metre strike length, with the standout intercept of 6 metres at 10.2 grams per tonne gold and 0.93% antimony from 18 metres. This includes a particularly rich 2-metre section grading 13.69 grams per tonne gold and 1.47% antimony, underscoring the prospect’s high-grade potential.

Expanding the Exploration Footprint with Advanced Geophysics

Complementing the drilling success, iTech completed a detailed drone magnetic survey at 25-metre line spacing, a significant improvement over previous 100-metre spaced surveys. This high-resolution data unveiled multiple east–west trending mineralised structures that crosscut the main northwest–southeast Lander Shear Zone, expanding the total prospective strike length from approximately 2.5 kilometres to over 13 kilometres.

The identification of these new structural corridors; named Sabre, Falchion, Lander, and Harpe; provides a refined geological framework that will guide more focused exploration efforts. The survey’s insights reduce the need for broad soil sampling, enabling targeted programs that are expected to accelerate the discovery of additional mineralised zones.

Looking Ahead, Drilling and Soil Sampling Plans

Building on these advances, iTech plans to conduct detailed soil sampling along the newly identified structures to delineate further drill targets. The company is actively negotiating to fast-track approvals for a follow-up drilling program comprising 40 to 80 reverse circulation and diamond holes, primarily at Sabre and Falchion, with flexibility to test emerging targets from soil sampling results.

Financially, iTech reported $680,000 spent on exploration activities during the quarter, including drilling, geophysics, and analysis, while maintaining a healthy cash balance of $5.1 million. This positions the company well to sustain its exploration momentum into 2026.

Context and Implications

The Reynolds Range Project, covering 791 square kilometres, sits within a highly prospective geological setting known for gold and antimony mineralisation. iTech’s joint venture with SQM International Pty Ltd on lithium rights adds strategic value, although iTech retains full rights to gold and antimony. The recent drilling results and geophysical data mark a pivotal step in unlocking the project’s potential, addressing previous exploration challenges and setting the stage for a more targeted and efficient campaign.

While metallurgical test work remains outstanding, the clear delineation of mineralised zones and expanded structural targets provide a compelling narrative for investors and stakeholders watching the Northern Territory’s evolving mineral landscape.