iTech’s MD Mike Schwarz gives a short update from the rig on Phase 1 of the drill program that commenced in June at the Reynolds Range Gold Antimony Project.Â
HIGHLIGHT FROM THE QUARTER
Reynolds Range Gold-Antimony Project
- Drilling commenced on 4 June 2026 at the Reynolds Range gold-antimony prospects, with up to 56 reverse circulation (RC) drill holes planned for a total of up to 7,000m across the Sabre, Falchion, Gladius and Reward Prospects (ASX: ITM 4 June 2026)
- Pattern drilling at Sabre and Falchion is following up thick, high-grade gold and antimony intersections from the November 2025 program, including 31m @ 2.5 g/t Au (Sabre) and 14m @ 6.31 g/t Au (Falchion) (ASX: ITM 12 January 2026), and aims to define the 3D geometry and plunge of the high-grade shoots
- Stage 1 of the drilling program was completed with samples submitted for assay; results are expected in late July/early August 2026. The rig is scheduled to return on 27 July 2026 to complete the remaining holes, with Stage 2 results anticipated in September 2026
- Detailed pXRF-supported soil sampling program (182 samples) completed at the Sabre and Falchion Prospects during the quarter, with laboratory results announced subsequent to quarter end returning outstanding peak values of 12.1 g/t Au (Sabre) and 9.1% Sb (Falchion) (ASX: ITM 8 July 2026)Â
- Soil sampling defined a new zone of gold-antimony mineralisation at Falchion, extending the prospective strike by over 180m; the zone has been drill tested with results pending
- Strong correlation between field-portable XRF (pXRF) and laboratory assays for As, Sb and Pb validates pXRF as a rapid, low-cost first-pass targeting tool for systematic screening of the 13km of prospective structures identified in detailed drone magnetics (ASX: ITM 19 January 2026)
🎥 To explain one of the highlights of the quarter, iTech Minerals’ (ASX: ITM) Managing Director Mike Schwarz took ‘Ask iTech’ on the road to show investors the importance of the game-changing soil sampling results at the Falchion Gold Antimony Prospect and answer some questions from investors about iTech’s method for finding extensions to mineralisation at the Reynolds Range.
The new sampling process using a small ATV mounted auger has now demonstrated that the pXRF soil geochemistry gives iTech reliable, real-time vectors to gold–antimony mineralisation in the field, at a fraction of the cost and turnaround time of laboratory-only programs.
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