REYNOLDS RANGE PROJECT
Copper | Gold | REE | Lithium
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OVERVIEW
PROJECT SNAPSHOT
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NAME: Reynolds Range
LOCATION: Northern Territory
STAGE: Exploration
TARGET: Copper, gold, REE, Lithium
The Reynolds Range project consists of three Exploration Licenses of which Prodigy Gold holds 100% of two licences and 80% of another, the 20% of this license is owned by Select Resources Pty Ltd.
The project covers a total of 375 km2 of the Aileron Province, part of the Paleoproterozoic North Australian Craton. The Project is located 90-230km NNW of Alice Springs with access available from the Stuart Highway and then the un-sealed Mt Denison road.
EXPLORATION
PROSPECTIVITY
The acquisition of these tenements comes at an opportune time for iTech Minerals as on-ground exploration winds down at the Campoona Graphite Project on the Eyre Peninsula, SA, in preparation for the cropping season, ongoing metallurgical test work and estimation of the Lacroma Central maiden mineral resource by our independent resource consultants. Access to the Reynolds Range Project will allow iTech’s on-ground exploration programs to continue in the Northern Territory, through what would otherwise be a quiet period in the pastoral regions of South Australia.
WATCH: In this Exploration Update MD Mike Schwarz looks at the lithium potential of the Reynolds Range Project. (5min)
While significant gold and copper prospects have been discovered in the Reynolds Range Project, iTech intends to initially assess the copper, gold, REE and lithium potential of the project area. The region is characterised by highly radiogenic granites easily identified on regional ternary radiometric and uranium channel images provided by the Northern Territory Geological Survey. Initial assessment of the project has demonstrated the critical elements for Nolan’s Bore style REE (Nd-Pr) mineralisation (~40 km to the southeast) and lithium mineralisation in abundant outcropping pegmatites with associated tin mines at the Mt Stafford Prospect.
Figure 1. Malachite and azurite mineralisation from historic mine workings at Reward Copper-Gold Prospect
A TIMELINE OF EXPLORATION
