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ITech Minerals Uncovers Extensive New Gold–Antimony Structures at Reynolds Range

Story Highlights
  • ITech’s new ultra-detailed magnetic survey has revealed four extensive east–west structures controlling high-grade gold and antimony at Reynolds Range.
  • The improved structural model and strong drill results boost exploration potential, with soil sampling and fast-tracked follow-up drilling planned to advance the project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ITech Minerals Uncovers Extensive New Gold–Antimony Structures at Reynolds Range

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ITech Minerals LTD ( (AU:ITM) ) has provided an announcement.

ITech Minerals has identified multiple gold- and antimony-bearing structures at its Reynolds Range project in the Northern Territory following an ultra-detailed 25-metre spaced drone magnetic survey over the Sabre and Falchion prospects. The new data reveal at least four previously underappreciated east–west structures, each extending more than 3km and controlling high-grade mineralisation along the margins of magnetic dolerite dykes, overturning earlier assumptions of a predominantly northwest–southeast structural control. Supported by recent strong drill results, the clearer structural model significantly increases the perceived exploration potential of Reynolds Range, and iTech plans detailed soil sampling in the coming months while seeking expedited approvals for follow-up drilling, a step that could materially advance the project’s development and enhance its position in the gold–antimony exploration space.

The most recent analyst rating on (AU:ITM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on ITech Minerals LTD stock, see the AU:ITM Stock Forecast page.

More about ITech Minerals LTD

ITech Minerals Ltd is an Australian exploration company focused on gold, antimony and other minerals, with its Reynolds Range project in the Northern Territory held through its wholly owned subsidiary iTech Energy Pty Ltd. The project spans four granted exploration licences over 791 square kilometres in the Aileron Province and lies along the >42km Stafford Gold Trend, where iTech retains 100% of non-lithium commodities while SQM International holds an option over lithium rights.

Average Trading Volume: 1,260,851

Technical Sentiment Signal: Buy

Current Market Cap: A$13.86M

See more insights into ITM stock on TipRanks’ Stock Analysis page.

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