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iTech Minerals Ltd (ASX:ITM)

ALERT: Price-sensitive ASX Announcement for ITM
Current share price for ITM : $0.038 0.004 (11.76%)+
Announcement
Release
19 Aug 2025 9:05AM
Price at Release
$0.034
Full Release
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Summary
iTech Minerals Ltd has reported the identification of high-grade antimony at the Reynolds Range project in the Northern Territory, Australia. The company’s exploration has revealed significant antimony mineralisation, including notable drill intercepts with high antimony grades at the Reward and Sabre prospects. Antimony is highlighted as a critical mineral due to its importance in emerging battery technologies and global supply constraints. The findings at Reynolds Range include both high-grade antimony and associated gold, supporting the project's potential for further development. iTech Minerals plans additional exploration and drilling to define the scale and quality of antimony mineralisation. The company sees these results as positioning Reynolds Range as a promising source of antimony in Australia, aligning with the strategic goals to secure critical mineral resources.
Key Points
  • High-grade antimony has been identified at the Reynolds Range project in the Northern Territory, Australia.
  • iTech Minerals Ltd conducted the exploration and released the findings.
  • Significant antimony mineralisation includes high-grade drill intercepts at the Reward and Sabre prospects.
  • Antimony is considered a critical mineral for battery technologies and faces global supply risks.
  • The exploration results also include gold associated with antimony mineralisation.
  • Further drilling and exploration are planned to expand and define the resource.
  • The discovery enhances the strategic value of the Reynolds Range project for critical minerals.
  • iTech Minerals aims to position Reynolds Range as a potential key source of antimony in Australia.
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.