Overview of iTech Minerals' Reynolds Range project

iTech Minerals Limited (ASX:ITM) has reported significant antimony mineralisation at the Falchion and Sabre Prospects in the Reynolds Range, Northern Territory. The recent rock chip sampling has revealed substantial antimony mineralisation with a strong association with low sulphidation epithermal gold veins at both prospects. The project covers a total of 375 km2 of the Aileron Province, part of the Paleoproterozoic North Australian Craton, and iTech Minerals has recently acquired 100% of all three licenses. The company is exploring for graphite, developing the Lacroma and Campoona Graphite Deposits in South Australia, and focusing on copper-gold-antimony and lithium in the Reynolds Range Project in the NT.

Executive commentary on the Reynolds Range project

Results from recent rock chip sampling at the Falchion and Sabre Prospects have highlighted substantial antimony mineralisation, with a strong association with previously targeted low sulphidation epithermal gold veins at both prospects. Anomalous antimony and gold in rock chips, drill holes, and soil surveys across both Sabre and Falchion suggest a single, large, shallow mineralised system extending over 6.5km by 2.5km. iTech Minerals is continuing to undertake field mapping and sampling of gold-antimony and copper-gold prospects across the Reynolds Range Project with a view to understanding the critical controls on mineralisation and effective drill targeting. The company is also reviewing historical geophysical data, including IP surveys, to determine an effective targeting tool for antimony-gold mineralisation. Planning for drilling the Scimitar copper-gold target is ongoing with applications for drilling approvals well advanced. Assay results from further rock chip sampling are expected in mid-September and will be reported to the market when available.

Summary of iTech Minerals' Reynolds Range project

iTech Minerals' Reynolds Range project has revealed substantial antimony mineralisation at the Falchion and Sabre Prospects, indicating a significant mineralised system extending over 6.5km by 2.5km. The company is focused on understanding the critical controls on mineralisation and effective drill targeting, with ongoing field mapping and sampling of gold-antimony and copper-gold prospects. Additionally, iTech Minerals is reviewing historical geophysical data to determine an effective targeting tool for antimony-gold mineralisation and planning for drilling the Scimitar copper-gold target. The company's continued exploration efforts and upcoming assay results from rock chip sampling are expected to provide further insights into the project's potential. iTech Minerals' ambitions include developing battery materials and critical minerals within its Australian projects, with a focus on graphite, copper-gold-antimony, and lithium in the Reynolds Range Project.