Exploration Update: Why iTech has added 3 vertical drill holes to the program at the Sabre Prospect

Today, I wanted to give you a short update, as there has been a lot of activity going on at iTech’s Reynolds Range Gold Antimony Project this week.

Since we released the outstanding gold and antimony drill results a few weeks ago, including a 36-metre intersection at 5.6 grams per tonne gold and 1.2% antimony, we have had many questions, both internally and from investors, about the potential depth extent of the mineralisation at the Sabre Prospect. So, while the rig was still at Sabre and completing phase two of the program, we decided to add three additional holes.

So far, all the drilling we have conducted has been at an angle to give us the best chance of intersecting the veins we are targeting. The challenge we faced was that every new drill pad has to be cleared and approved, so we couldn’t continue stepping the drill back to go deeper. However, while reviewing our updated geological modelling, we noted that we could reuse some of the existing pads to drill three vertical holes with a strong possibility of intersecting the mineralisation and, importantly, much deeper than before. If you want a better understanding of the new holes and why we are drilling them, I recorded the short Exploration Update above to talk you through it in more detail.

The samples from the first two vertical holes have already been logged and sent to the lab. So stay tuned for results from the new holes and the ongoing drill program at Sabre and Falchion over the next 4-6 weeks.

Thanks Mike.

Mike Schwarz
Managing Director
iTech Minerals