iTech Minerals Hits 36m at 5.6 g/t Gold and 1.2% Antimony at Sabre
Itech Minerals Ltd has intersected high-grade gold and antimony mineralisation at the Sabre Prospect, located within its Reynolds Range project in the Northern Territory. Reverse circulation drilling returned 36m at 5.60 g/t gold and 1.2% antimony from 81m, including a high-grade core of 8m at 13.41 g/t gold and 1.9% antimony.
The drilling program at Sabre was designed to test the continuity of the mineralised zone along strike and at depth. The results confirm a continuous, steeply dipping system that remains open in both directions. Other results from the current program include 13m at 1.30 g/t gold from 108m, along with thinner intervals in holes SBRC26-003 and SBRC26-004.
“These latest results from Sabre continue to reinforce the scale and grade of the gold-antimony system at Reynolds Range. Hole SBRC26-001 has returned the best drill intercept at the project to date - 36 metres at 5.6 g/t gold and 1.2% antimony - including exceptional peak grades of over 63 g/t gold and nearly 14% antimony. Importantly, the mineralisation remains open and increasing in grade and width at depth, giving us real confidence as we plan the next phase of drilling.”
— Mike Schwarz, Managing Director
The Reynolds Range project covers 791km2 of the Aileron Province. iTech Minerals holds a 100% interest in all non-lithium commodities at the project, while SQM International Pty Ltd retains an option to earn up to 70% of the lithium mineral rights.
The company has already commenced follow-up drilling at Sabre, with a focus on testing deeper down-dip extensions and strike extensions to the north-east. Once this work is concluded, the drill rig is scheduled to return to the nearby Falchion Prospect to test for further mineralisation. Assay results for nine reverse circulation holes recently completed at Falchion are currently pending.
Read the full announcement: Outstanding Gold Intercepts at Reynolds Range