Iltani Resources reports on exploration activities and corporate developments for March 2024 Quarter

Iltani Resources Limited (ASX: $ILT) is pleased to report its exploration activities and corporate developments for the March 2024 Quarter. The company received assays from eight reverse circulation (RC) drill holes completed at the Orient Project, highlighting extensive silver-lead-zinc-indium vein mineralisation. Additionally, Iltani appointed Erik Norum as Exploration Manager, bringing over 30 years' experience in the exploration and mining industry, particularly in critical mineral projects in Northern Queensland.

Executive Commentary on Exploration Activities and Corporate Developments

Iltani is excited to announce the exceptional high-grade indium mineralisation discovered at the Orient Project. The intersected indium grades are believed to be the highest ever reported in drilling in Australia, showcasing the project's potential to host a world-class silver-lead-zinc-indium resource. The company has also secured a grant through the Collaborative Exploration Initiative to drill a deep diamond hole and conduct a Downhole Electromagnetic survey, aiming to test a large-scale geophysical anomaly beneath Orient West. The appointment of Erik Norum as Exploration Manager further strengthens our team and will be instrumental in advancing our portfolio of assets in Northern Queensland.

Summary of Exploration Activities and Corporate Developments

Iltani Resources' exploration activities at the Orient Project have revealed extensive silver-lead-zinc-indium vein mineralisation, with exceptionally high-grade indium mineralisation intersected, indicating the project's potential to host a world-class resource. The company has also secured a grant to conduct further drilling and surveys to better understand the project's potential. The appointment of Erik Norum as Exploration Manager reflects the company's commitment to advancing its portfolio of assets in Northern Queensland. With a cash balance of A$3.04m and a focus on exciting projects in Northern Queensland and Tasmania, Iltani is well-positioned to pursue its ambitions in the critical minerals and base metals sector.