Iltani Resources (ASX: $ILT) announces encouraging assay results from Deadman Creek sampling

Iltani Resources Limited (ASX: $ILT) has reported positive assay results from its recent reconnaissance sampling at the Deadman Creek Stockwork target, part of the Orient Silver-Indium Project in Queensland. The company collected 26 rock chip samples from a 400m by 500m area, with peak assay grades of 8.63 g/t Ag, 33.1 g/t In, 0.61% Pb, and 0.22% Zn. The results confirm the presence of significant silver-lead-zinc-indium mineralisation in the northern Deadman Creek area, prompting plans for further sampling in the southern area and subsequent drill design work.

Iltani Managing Director Donald Garner comments on the assay results

Assay results from the reconnaissance sampling in the northern Deadman Creek area confirm the presence of stockwork silver-lead-zinc-indium mineralisation over a substantial area. The peak assay results of 8.63 g/t Ag, 33.1 g/t In, 0.61% Pb, and 0.22% Zn from outcrop sampling indicate the potential of the Deadman Creek System. The team plans to extend the sampling to cover the southern area of Deadman Creek and proceed with drilling to test the stockwork zone.

Iltani Resources (ASX: $ILT) outlook and next steps

Iltani Resources' assay results from the Deadman Creek sampling demonstrate the presence of significant silver-lead-zinc-indium mineralisation, paving the way for further exploration and drilling activities. The company intends to conduct additional sampling in the southern Deadman Creek area and proceed with drill design work targeting areas with the highest grade assays and intense stockwork mineralisation. Additionally, Iltani has outlined its next steps, including infill drilling at Orient West, preliminary flora and fauna studies at Orient, and a drone lidar survey for future Mineral Resource Assessment work. The company's focus on exploring for base metals and critical minerals aligns with its goal of contributing to a low emission future, positioning it for continued growth and development in the sector.