{"id":10668,"date":"2024-06-07T05:50:44","date_gmt":"2024-06-07T05:50:44","guid":{"rendered":"https:\/\/economicherald.net\/?p=10668"},"modified":"2024-06-07T05:50:44","modified_gmt":"2024-06-07T05:50:44","slug":"widespread-scale-of-mineralisation-itechs-reynolds-range-project-is-a-polymetallic-playground","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10668","title":{"rendered":"\u2018Widespread scale of mineralisation\u2019: iTech\u2019s Reynolds Range project is a polymetallic playground"},"content":{"rendered":"

\u00a0<\/p>\n

Historical exploration review by iTech Minerals identifies widespread copper, gold and silver targets at Reynolds Range<\/strong>
\nPotential mineralisation is across the Lander Shear Zone with a ~70km-long strike length<\/strong>
\nTenement package is also prospective for lithium at Mt Stafford prospect<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

Special Report<\/em><\/strong>: iTech Minerals has confirmed widespread copper, gold and silver potential at its Reynolds Range project in the NT after an intensive review of historical exploration.<\/strong><\/p>\n

The 375km2 project is 40km from Arafura Rare Earth\u2019s (ASX:ARU)<\/strong><\/a> giant Nolans rare earths project, which is expected to produce 4,400tpa of neodymium\/praseodymium oxide, 474tpa heavy rare earths and 144,393tpa of phosphoric acid.<\/p>\n

Historically, gold was the primary element of interest, with traditional WA-style supergene gold mineralisation exploration undertaken which relied on soil and lag sampling and RAB drilling.<\/p>\n

Previous drilling returned thick, economic grades including a highlight 17m at 3.93g\/t gold.<\/p>\n

Through recent early exploration iTech Minerals (ASX:ITM)<\/strong><\/a> also reckons there\u2019s a good chance of significant copper, silver and even lithium mineralisation at the project.<\/p>\n

\u00a0<\/strong><\/p>\n

Mineralisation potential revealed<\/strong><\/h2>\n

Widespread outcropping copper mineralisation was identified and sampled at the Scimitar and Reward prospects at Reynolds Range, also showing the potential for coincident gold and silver.<\/p>\n

Numerous outcropping low-sulphide gold style veins systems were also identified and sampled at the Sabre, Falchion and Troutbeck prospects.<\/p>\n

The exploration work has confirmed the potential for widespread copper, gold and silver mineralisation across the ~70km of strike at the Lander Shear Zone.<\/p>\n

ITM says initial on-ground assessments of Reynolds Range Project have significantly encouraged its team to advance exploration for copper and gold at the project.<\/p>\n

In particular, ITM says, the Scimitar copper-gold prospect presents a drill ready target with a substantial electromagnetic target, coincident multielement soil anomaly and overlying rock chips, which has not been properly tested before.<\/p>\n

Assay results from rock chip sampling are expected in late June.<\/p>\n

\u00a0<\/p>\n\n

Historical results from ITM\u2019s Reynolds Range project. Pic supplied: (ITM)<\/em><\/p>\n

\u00a0<\/strong><\/p>\n

Lithium potential<\/strong><\/h2>\n

Highly-fractionalised LCT style pegmatites have been also been identified as part of an on-ground assessment of the Mt Stafford Tin mine at Reynolds Range.<\/p>\n

23 samples were taken from numerous pegmatites across the tenement package and submitted for analysis.<\/p>\n

\u201cHaving visited the Reynolds Range and the numerous copper and gold prospects across the tenement package, I now have a greater appreciation for the widespread scale of mineralisation along the entire 70km tenement package,\u201d ITM MD Michael Schwarz says.<\/p>\n

\u201cIt was very encouraging to see outcropping copper mineralisation at multiple locations and confirmation of the broader potential for large scale mineralised systems.<\/p>\n

\u201cOur team has significant experience in exploring for large scale copper-gold systems in South Australia.<\/p>\n

\u201cThese are techniques which we can bring to bear on the Reynolds Range project which is largely exposed at surface.\u201d<\/p>\n

\u00a0<\/p>\n\n

\ufeff<\/span>\ufeff<\/span>\u00a0<\/p>\n

This article was developed in collaboration with iTech Minerals, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n

<\/span><\/p>\n

The post \u2018Widespread scale of mineralisation\u2019: iTech\u2019s Reynolds Range project is a polymetallic playground<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

\u00a0 Historical exploration review by iTech Minerals identifies widespread copper, gold and silver targets at Reynolds Range Potential mineralisation is across the Lander Shear Zone [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10669,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n\u2018Widespread scale of mineralisation\u2019: iTech\u2019s Reynolds Range project is a polymetallic playground - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=10668\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018Widespread scale of mineralisation\u2019: iTech\u2019s Reynolds Range project is a polymetallic playground - 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