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iTech Minerals Ltd (ASX:ITM)

ALERT: Price-sensitive ASX Announcement for ITM
Current share price for ITM : $0.035 -0.023 (-39.66%)+
Announcement
Release
19 Jan 2026 8:41AM
Price at Release
$0.058
Full Release
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Summary
iTech Minerals Ltd announced the discovery of multiple gold and antimony-bearing structures at the Reynolds Range in the Northern Territory, Australia. A new ultra-detailed magnetic survey with 25m line spacing revealed east-west structures controlling high-grade mineralization, contrasting with previous assumptions of NW-SE structural control. The survey identified four main structures, Sabre, Falchion, Lander, and Harpe, totaling over 13km in potential mineralized length, significantly increasing the prospectivity of the area. iTech is planning detailed soil sampling to identify further drill targets and aims to fast-track clearances for follow-up drilling. These developments highlight the increased potential for discovering additional mineral resources in the area.
Key Points
  • Ultradetailed 25m spaced drone magnetic survey reveals multiple gold and antimony-bearing structures.
  • New structures identified have a strike length of over 3km each.
  • Historical interpretations assumed NW-SE control; new data shows E-W control.
  • Structures form along margins of magnetic dolerite dykes.
  • iTech to undertake detailed soil sampling in January-February to identify more drill targets.
  • iTech seeking fast-tracked clearances for follow-up drilling programs.
  • Reynolds Range project consists of four granted Exploration Licences owned by iTech.
  • Project area part of the Stafford Gold Trend with a 42km long zone.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.