Antimony Reward Deposit

Overview

The Antimony Reward antimony deposit is located on Iltani’s wholly owned exploration permit EPM 27168, and is approximately 45km from Herberton, and 17km from the Orient Silver-Indium project, in Northern Queensland.

Stibnite (antimony sulphide) mineralisation is associated with chalcedonic quartz veining interpreted to occur as subparallel veins trending northeast-southwest and dipping steeply to the north. The geometry of the veins as interpreted from drill hole intersections is consistent with surface observations.

Recent drilling by Iltani has confirmed the presence of high-grade antimony mineralisation:

• ARRC001 intersected 7m @ 7.61% Sb from 38m inc. 3m @ 8.19% Sb from 38m and 1m @ 26.70% Sb from 43m downhole;
• ARRC003 intersected 3m @ 0.75% Sb from 31m inc. 1m @ 1.25% Sb from 32m and 4m @ 0.43% Sb 1m @ 1.28% Sb from 42m downhole; and
• ARRC004 intersected 9m @ 0.94% Sb from 53m inc. 2m @ 2.66% Sb from 60m downhole.