VTEM Survey Results Reveal Major Exploration Potential for Iltani Resources

Major VTEM Survey Reveals Significant Potential Beyond Current Resource

The comprehensive VTEM (Versatile Time Domain Electromagnetic) survey has delivered promising results for Iltani Resources, revealing multiple strong electromagnetic responses both over known mineralisation and in previously untested areas at the company's flagship Herberton Project.

Of the 16 high-priority anomalies identified, 13 are located in the immediate Orient/Deadman Creek area, with modelling producing more than 50 plates for assessment. These results significantly enhance the prospectivity of the project area beyond the current drilling footprint.

"We are very pleased with this outcome, as it confirms the size and scale of the overall Orient System, and the potential for Iltani to discover materially more mineralisation at Orient," said Donald Garner, Iltani's Managing Director.

The Orient deposit currently boasts a JORC Mineral Resource Estimate of 21.6Mt @ 100.5 g/t Ag Eq at Orient West and an Exploration Target of 12-18Mt @ 110-130 g/t Ag Eq at Orient East.

Optimal Conditions for VTEM Success

The survey results revealed that the Orient area and host Featherbed Volcanic lithology provide ideal conditions for identifying massive sulphide mineralisation through EM surveying:

• No conductive cover
• Highly resistive host rocks
• Very conductive target mineralisation

With no sedimentary units within the Caldera that could provide false responses (such as graphitic shales), most coherent targets are likely attributed to sulphide bodies.

Two-Phase Follow-Up Program Underway

Iltani and consultant Mitre Geophysics have designed a strategic two-phase program to follow up on the promising VTEM survey results of Iltani Resources. This methodical approach ensures efficient resource allocation while maximizing discovery potential.

Phase 1: RC Drilling Program

• Nine holes totalling approximately 2,200m
• Targeting shallow plates not previously intersected by drilling
• Will be conducted after planned extension drilling at Orient East

Phase 2: Surface EM Surveys

• Targeting deeper anomalies that require better definition before drilling
• Will provide greater depth resolution than the airborne VTEM
• Focusing on southwest of Orient and the cluster of anomalies at Deadman Creek

"Our priority is testing the targets at Orient and Deadman Creek, and to do this, we have split the targets into shallow targets for RC drilling, and deeper targets, where we need to better define the targets prior to drilling, likely by using surface EM surveys," said Donald Garner, Iltani's Managing Director.

Understanding VTEM Surveys: A Key Exploration Tool

VTEM (Versatile Time Domain Electromagnetic) surveys are a powerful exploration technique used to detect conductive bodies below the surface. The method works by generating electromagnetic pulses and measuring how these signals decay after being turned off, with conductive bodies (like sulphide minerals) producing distinctive responses.

Benefits of VTEM surveys include:

• Can detect conductive bodies up to 300m deep depending on size and conductivity
• Works exceptionally well in resistive host rocks like those at Herberton
• Provides 3D information on the orientation and extent of conductive bodies
• Non-invasive and can cover large areas quickly

The $230,375 funding Iltani received through Round 9 of the Queensland Government's Collaborative Exploration Initiative (CEI) scheme was instrumental in conducting this survey.

Herberton Project: A Mineral-Rich Terrain

The Herberton Project consists of approximately 367km² of wholly owned tenements in the Herberton Mineral Field in Northern Queensland. The area has a long history of mining dating back to 1880, with more than 2,400 historic mines and prospects known in the region.

Iltani's tenement holdings cover the area of the Boonmoo Sag Caldera, which includes Australia's largest silver-indium discovery at Orient plus several historic Cu, Ag-Pb-Zn mines and Au targets.

"We are grateful for the ongoing support of the Queensland Government, with Iltani receiving $230,375 in funding through Round 9 of the Collaborative Exploration Initiative scheme, which is part of the Queensland Government's Queensland Resources Industry Development Plan, enabling us to undertake the Herberton Project VTEM Survey," said Donald Garner.

Why Investors Should Track Iltani Resources

Iltani Resources represents a compelling investment opportunity for several key reasons:

1. Resource Growth Potential: The VTEM survey results indicate significant potential to expand the already substantial mineral resource at Orient.

2. Critical Mineral Exposure: With significant silver and indium content, Iltani provides exposure to both precious metals and critical minerals essential for the technology sector.

3. Near-Term Catalysts: The company is working toward converting the Orient East Exploration Target to a JORC MRE by end September/early October 2025, followed by systematic testing of the newly identified VTEM anomalies.

4. Strategic Location: The project is situated in the historically productive Herberton Mineral Field in mining-friendly Queensland.

5. Government Support: The Queensland Government's funding support demonstrates the strategic importance of the project to the region.

As Iltani progresses with its follow-up program on these promising VTEM targets, investors should watch for drilling results that could significantly expand the resource base at Australia's largest silver-indium discovery.

Want to Be Part of Australia's Largest Silver-Indium Discovery?

Don't miss this opportunity to invest in Iltani Resources and their promising Herberton Project, where recent VTEM survey results have revealed significant potential beyond the current resource. With 16 high-priority anomalies identified and a strategic two-phase follow-up program already underway, Iltani is positioned for substantial growth. To learn more about this compelling investment opportunity in critical minerals, visit Iltani Resources' website today.