iTech Minerals Ltd: Quarterly Activities Report for the Three Months Ended 30 September 2024

Oct 28, 2024

iTech Minerals Ltd (ASX: ITM) share its Quarterly Activities Report for the period ending 30 September 2024. During this quarter, a significant breakthrough occurred when a spodumene-bearing pegmatite was discovered at Reynolds Range, NT. Satellite imagery has revealed over 60 km of outcropping pegmatites, positioning this area as a potential new lithium province ripe for exploration. The GMF1 pegmatite sampling, conducted over an impressive 90-meter section, has a mapped length exceeding 250 meters before transitioning under a thin sandy cover to the north and south. Notably, QXRD analysis of two lithium-bearing samples from GMF1 confirmed high spodumene contents of 84% and 83%, underscoring the quality of its findings.

With the continued extensive mapping and sampling fieldwork, it is poised to develop a comprehensive model for regional polymetallic copper-gold-silver mineralization across the Reynolds Range Project. Additionally, significant electromagnetic anomalies at both the Scimitar and Reward prospects align with the mineralized horizon and may indicate the presence of massive sulfides linked to VMS mineralization. This presents an exciting opportunity for future growth and discovery.

 

 

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