Iltani Resources Ltd. · ASX:ILT
Iltani Resources — RIU Sydney Resources Round-Up May 2024
18 slides from Iltani Resources's conference presentation, May 7, 2024
Slide 1: Focused on the Discovery and Development of Critical Raw Materials & Metals
For personal use only FOCUSED ON THE DISCOVERY AND DEVELOPMENT OF CRITICAL RAW MATERIALS & METALS NECESSARY RIU SYDNEY RESOURCES ROUND -UP MAY 2024 FOR A CLEAN ENERGY FUTURE
Slide 2: Disclaimer - Cautionary Statements
Disclaimer - Cautionary Statements ▪ This presentation has been prepared by Iltani Resources Limited (Iltani or the Company) for informational purposes only and contains summary background information about Iltani current as at 7 May 2024. ▪ The information contained in this presentation is in summa
Slide 3: Company Overview
Company Overview Iltani Resources (ASX:ILT) Management & Technical Team Share price $0.205 Donald Garner ▪ 25+ years experience geology & finance Shares on issue 41.8 million BSc (Hons) MSc MAusIMM MSEG ▪ MD/ED Red River Resources (2014-2021) Managing Director For personal use only Unlisted options
Slide 4: Herberton Project North Queensland
Herberton Project North Queensland ▪ Strategic tenement holding (300km2+) in highly prospective Herberton region ▪ Multiple advanced exploration projects: For personal use only ▪ Orient ▪ Ag-Pb-Zn-In epithermal vein system ▪ Potential Sn porphyry at depth ▪ Isabel ▪ Exceptional high-grade Ag-Pb-Zn-I
Slide 5: Orient System
Orient System ▪ Orient is an extensive precious metal-rich epithermal system with a likely intrusion (porphyry) at depth ▪ Strong similarities to the large Bolivian Ag-Zn-Pb-In-Sn For personal use only systems ▪ Hosts multiple high-grade zinc-lead-silver-indium veins and stockworks outcropping over
Slide 6: Orient System – Iltani Drilling
Orient System – Iltani Drilling ▪ Iltani commenced drilling in August 2023 ▪ First drilling at Orient since For personal use only Great Northern during late 1980s ▪ To date, Iltani drilling has targeted mineralisation at Orient West and East ▪ 22 RC holes for 3.310m drilled to date ▪ Delivered multi
Slide 7: Orient West – Excellent Results from Initial Drilling
Orient West – Excellent Results from Initial Drilling Open Pit Bulk Tonnage Potential ▪ ORR010: 41m @ 125 g/t Ag Eq. from 60m For personal use only ▪ ORR012: 9m @ 216 g/t Ag Eq. from 63m ▪ ORR014: 11m @ 148 g/t Ag Eq. from 144m ▪ ORR011: 10m @ 152 g/t Ag Eq. from 141m High Grade UG Potential ▪ ORR02
Slide 8: Orient West – High-Grade UG Potential (A to A')
Orient West – High-Grade UG Potential (A to A’) ▪ Highest ever indium drilling results announced on ASX ▪ 5m @ 43 g/t Ag, 0.7% Pb, 5.0% Zn For personal use only & 263 g/t In (440 g/t Ag Eq.) from 117m inc. ▪ 1m @ 141 g/t Ag, 1.7% Pb, 18.8% Zn & 1,070 g/t In (1,643 g/t Ag Eq.) from 117m ▪ 4m @ 48 g/t
Slide 9: Orient West – Bulk Tonnage Potential (B to B')
Orient West – Bulk Tonnage Potential (B to B’) ▪ Multiple stacked Ag-Pb-Zn-In vein systems ▪ Outcropping along prominent ridge For personal use only line ▪ Open in all directions (strike and dip) 9 ASX:ILT | RIU Sydney Resources Round-Up May 2024
Slide 10: Orient East – Bulk Tonnage Open Pit & UG Potential
Orient East – Bulk Tonnage Open Pit & UG Potential ▪ Multiple Ag-Pb-Zn-In vein systems ▪ Open in all directions (strike and dip) ▪ Drilling planned to test vein system strike extensions For personal use only Open Pit Bulk Tonnage Potential ▪ ORR001: 38m @ 190 g/t Ag Eq. from 19m ▪ ORR003: 41m @ 107
Slide 11: May 2024: Next Round of RC Drilling at Orient West
May 2024: Next Round of RC Drilling at Orient West ▪ Drilling underway - 11 RC drill holes (2,300m) at Orient West ▪ Focus on Orient West first, then For personal use only move to Orient East ▪ Drilling to cover 1,800m strike extent – extending mineralisation to northeast and southwest ▪ Will suppor
Slide 12: May 2024: Testing A2 geophysical target
May 2024: Testing A2 geophysical target ▪ Iltani will also drill one RC drillhole (250m) to test a high priority geophysical target (A2) For personal use only near Orient West ▪ Target A2 is defined by a strong chargeable conductor coincident with a magnetic high ▪ Potential for additional mineralis
Slide 13: June to August 2024: Orient West Deep Diamond Hole
June to August 2024: Orient West Deep Diamond Hole ▪ $300k QLD Gov CEI grant to fund a deep diamond hole (~750m For personal use only vertical depth) & DHEM survey ▪ Hole will test down dip extension of Orient West vein system & a large scale geophysical anomaly located beneath Orient West system ▪
Slide 14: May to June 2024: Mapping & Sampling Deadman Creek
May to June 2024: Mapping & Sampling Deadman Creek ▪ Stockworks occur over a 1km long x 400m wide area - more abundant than Orient prospects ▪ Suggests an attractive target for an open pit For personal use only resource ▪ Lack of large veins possibly discouraged previous mining ▪ Mapping & sampling
Slide 15: News Flow: Next 3 to 6 months
News Flow: Next 3 to 6 months ▪ Iltani is fully funded, on the ground and will deliver: ▪ RC drilling at Orient West (May 2024) ▪ RC drilling to test extensions of shallow mineralisation For personal use only and deliver an Exploration Target ▪ Test A2 geophysical anomaly ▪ Deep diamond drillhole (J
Slide 16: For personal use only
NATHAN RYAN DONALD GARNER For personal use only NWR COMMUNICATIONS ILTANI RESOURCES +61 420 582 887 +61 438 338 496 nathan.ryan@nwrcommunications.com.au dgarner@itaniresources.com.au ILTANIRESOURCES.COM.AU
Slide 17: Disclaimer
Disclaimer Metallurgical Equivalent Calculation The metal equivalent formula is: Ag Eq. = Ag + (Pb x 35.5) + (Zn x 50.2) + (In x 0.47) Metal Equivalent Calculation - Recoveries and Commodity Prices Metal Price/Unit Recovery For personal use only Silver US$20/oz 87% Lead US$1.00/lb 90% Zinc US$1.50/l
Slide 18: Disclaimer
Disclaimer This presentation contains information extracted from ASX market announcements reported in accordance with the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (2012 JORC Code). Further details (including 2012 JORC Code repor
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