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Goldman New RC assays add a second shallow gold-antimony zone at Reynolds Range
iTech Minerals Ltd (ASX:ITM) has reported further shallow gold-antimony intersections from the Falchion prospect at its Reynolds Range project in the Northern Territory.
Assays have now been received for all nine reverse circulation holes completed at Falchion. The company said the results confirm a second mineralised zone about 1.6 kilometres west of the Sabre prospect and extend mineralisation encountered in 2025 drilling.
The strongest reported gold intersections were:
- 6m at 3.31g/t gold from 79m and 7m at 1.86g/t gold from 66m in FLRC26-002
- 9m at 2.51g/t gold from 33m and 4m at 1.54g/t gold from 20m in FLRC26-001
- 7m at 2.48g/t gold from 80m in FLRC26-007
- 7m at 1.03g/t gold from 12m in FLRC26-003
All intervals are reported as downhole widths and true widths are not yet known. Gold intercepts were calculated using a 0.5g/t lower cut-off, with grades length-weighted and uncut.
Drilling is continuing at the Sabre prospect, where the rig is testing extensions to the mineralised system.
iTech Minerals managing director Mike Schwarz:
These results highlight the potential for Reynolds Range to host multiple gold-antimony deposits. We now have two prospects, around 1.6 kilometres apart, returning thick, high-grade intersections from shallow depths. Importantly, the mineralisation at both prospects remains open.
With the drill rig currently testing for extensions at the Sabre Prospect, we look forward to a steady flow of results as we continue to grow this exciting gold-antimony system.
