In this video, watch MD Mike Schwarz as he takes a break from collecting metallurgical samples at the Sabre Gold Antimony Prospect to give this short update on why he thinks the latest drilling results are significant for iTech’s (ASX: ITM) exploration plans at the Reynolds Range. (1min)
Deep reverse circulation (RC) drilling at the Sabre Prospect, part of iTech Minerals’ 100%-owned Reynolds Range Gold-Antimony Project in the Northern Territory, has extended the main gold-antimony shoot (Shoot 1) from approximately 100m to approximately 270m below surface. The shoot remains open at depth.
A second shoot has been identified approximately 120m south of Shoot 1, beneath an outcrop that previously returned rock chips of up to 182 g/t Au. (ASX: ITM 5 July 2024)
- Significant gold-focused results at Sabre include:
- SBRC26-017 25m @ 4.88 g/t Au and 0.85% Sb from 242m
- incl. 10m @ 8.50 g/t Au and 1.83% Sb from 245m
- and 13m @ 2.87 g/t Au and 0.23% Sb from 226m
- SBRC26-016 28m @ 3.23 g/t Au and 0.40% Sb from 192m
- incl. 11m @ 4.81 g/t Au and 0.78% Sb from 207m
- and 9m @ 3.49 g/t Au from 94m
- SBRC26-008 21m @ 2.04 g/t Au from 81m (Shoot 2)
- incl. 11m @ 3.13 g/t Au from 81m
- SBRC26-009 6m @ 2.62 g/t Au from 67m (Shoot 2)
- The highest gold grades, above 10 g/t Au, include 4m @ 11.35 g/t
Au and 2.35% Sb from 248m in SBRC26-017 (peak of 14.57 g/t Au
and 3.95% Sb over 1m) and 2m @ 10.94 g/t Au from 215m in
SBRC26-016.
- SBRC26-016 and SBRC26-017, drilled steeply down the shoot,
returned mineralised intervals of 209m @ 1.14 g/t Au from 24m and
136m @ 1.61 g/t Au from 140m respectively (not true widths).