What did iTech Minerals (ASX:ITM) announce regarding its Reynolds Range Project?

iTech Minerals has officially commenced a major 7,000-metre reverse circulation drilling programme at its Reynolds Range Project in the Northern Territory. The campaign involves systematically drilling up to 56 holes across four high-priority targets: the Sabre, Falchion, Gladius, and Reward prospects. This field program represents a key operational milestone for the explorer.

Why is this specific drilling campaign important for iTech Minerals (ASX:ITM)?

The campaign aims to unlock the potential of critical mineral assets amid surging global demand and rising commodity prices for gold and antimony. By deploying advanced targeting methodologies, management is trying to prove up the scale of its deposits.

How does this new drilling program compare to iTech Minerals' previous exploration work?

This June 2026 program directly follows up on the company’s maiden drilling campaign completed in November 2025. While the previous program identified exceptionally thick, high-grade gold and antimony intercepts, this new campaign scales up operations to test the depth and structural continuity of those initial discoveries.

What are the specific targets and drilling volumes planned for the Reynolds Range project?

The exploration campaign focuses on four prospects—Sabre, Falchion, Gladius, and Reward—and consists of up to 5 drill holes. In total, iTech Minerals plans to complete up to 7,000 metres of reverse circulation drilling. The volume of drilling reflects an aggressive exploration push to delineate mineralisation across multiple zones simultaneously.

What is the geological strategy behind the drilling at the Falchion and Sabre prospects?

Drilling at the Falchion and Sabre targets is explicitly designed to test the extensions, depth, and structural continuity of existing zones. Operations will focus on confirming whether the thick, high-grade gold and antimony intercepts discovered in late 2025 extend further along strike.

What new exploration target is iTech Minerals (ASX:ITM) testing at the Gladius prospect?

At the Gladius prospect, iTech Minerals is testing a newly defined, high-priority induced polarisation geophysical chargeability anomaly. This represents a fresh technical phase for the project, moving beyond known intercepts to test entirely new generative targets.

Image for illustrative purposes only. Not a real photo.

iTech Minerals begins major Northern Territory drilling

Written by Heidi Cuthbert Published Jun. 4 2026

iTech Minerals (ASX:ITM) commenced its gold-antimony drilling programme at the Reynolds Range Project, situated within the premier mineral provinces of the Northern Territory.

The major exploration campaign will see the company systematically execute up to 56 drill holes across four high-priority targets—specifically the Sabre, Falchion, Gladius, and Reward prospects—for a combined total of up to 7,000 metres of reverse circulation drilling.

The extensive technical initiative is strategically designed to follow up on the exceptionally thick, high-grade gold and antimony intercepts identified during iTech’s maiden drilling programme executed back in November 2025.

Immediate drilling operations at the Falchion and Sabre targets will focus on testing the extensions, depth, and structural continuity of these previously discovered high-grade mineralised zones.

Drilling at the Gladius prospect will test a newly defined, high-priority induced polarisation geophysical chargeability anomaly, marking an exciting new phase of exploration targeting for the project.

Managing Director Mike Schwarz released a technical update detailing the advanced targeting methodology driving this June campaign, emphasising the importance of these specific critical mineral assets.

As global demand and commodity pricing for antimony and gold continue to surge, this 7,000-metre field campaign represents a pivotal milestone for iTech Minerals.

At the time of reporting, iTech Minerals’ share price was $0.037.