Iltani Resources (ASX:ILT) Antimony Reward Project Update

Iltani Resources Limited (ASX:ILT) has announced the assay results from its recent completed mapping and sampling program at the Antimony Reward Project in Herberton, North Queensland. The results confirm the presence of extensive high-grade antimony mineralisation, with average assay results of 16.2% Sb in Vein System 1 and 10.9% Sb in Vein System 2. Iltani is now preparing to accelerate drilling activities, with drilling planned to occur late September/early October. The world's biggest producer of antimony, China, has recently placed export controls on some antimony products, further emphasizing the significance of this development.

Iltani Managing Director Donald Garner's Comments on Antimony Reward Project

These are fantastic assay results from our Antimony Reward Project. It is good to see the presence of high-grade antimony mineralisation in both mapped vein systems, and more importantly extending far beyond the area of historical drilling. We are focused on commencing drilling at the project as soon as we can - and we are targeting end of September as a start date. We have signed a Conduct and Compensation Agreement with the landowner and are moving forward with First Nations clearance activities. It will be great to see the drill rig in action - as we are all extremely excited as to the potential of the Antimony Reward system to deliver a high-grade antimony resource, and with antimony currently trading at US$25,100/tonne, there is not a better time to be doing this work. The antimony mineralisation sampled at Antimony Reward to date contains exceptionally low arsenic. Arsenic is a key penalty element with regards to antimony concentrates, so this is another good sign.

Antimony Reward Project Summary and Outlook

Iltani Resources has confirmed extensive high-grade antimony mineralisation at the Antimony Reward Project in Herberton, North Queensland. The company is now preparing to accelerate drilling activities, with drilling planned to occur late September/early October. The presence of high-grade antimony mineralisation in both mapped vein systems, extending far beyond the area of historical drilling, presents a significant opportunity for Iltani Resources. With antimony currently trading at US$25,100/tonne and China's recent export controls on some antimony products, the timing for this exploration work is particularly favorable. Iltani's focus on low arsenic content in the antimony mineralisation further enhances the potential for a high-grade antimony resource. The company's commitment to commencing drilling and its positive outlook on the project's potential indicate a promising future for the Antimony Reward Project.