# ILT: First Isabel Hole Returns 5.4m Sulphide Mineralised Zone Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/ilt-first-isabel-hole-returns-5-4m-sulphide-mineralised-zone--74cacb31-6cdf-4746-8509-fc301a86d688 Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03150996 Publisher: asx Original announcement: 2026-10-11T22:09:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-11T23:18:14.327Z Atlas analysis updated: 2026-10-11T23:18:14.327Z - Company: Iltani Resources Limited - Ticker: ILT - Exchange: ASX - Region: North Queensland, Australia - Primary commodity: Zinc - Secondary commodities: Silver, Lead, Indium, Tin - Document categories: Drill results, Other - Extracted: 2026-10-11 23:18:15 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Iltani Resources has reported the first visual intersection from its Isabel drilling program, identifying a 5.4m zone of sphalerite-dominant sulphide mineralisation. Assay results for hole ISDD001 are expected in December 2026. Reasoning: The announcement reports the first visual intersection of a sulphide zone in a new drilling program, but lacks assay grades to confirm economic significance. - Positive factor: First hole of program intersects significant sulphide mineralisation - Positive factor: High sphalerite abundance \(35%\) observed visually - Positive factor: Mineralisation is hosted in quartzite breccia as expected - Negative factor: Assay results are pending \(expected December 2026\) - Negative factor: Visual estimates are uncertain and not a substitute for assays - Negative factor: Historical drill collars cannot be located, making 3D geometry poorly defined Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions standards are submitted at a frequency of at least 1 in 25. Evidence · text > QAQC samples \(standards\) are submitted at a frequency of at least 1 in 25. **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: Intersection width is stated as downhole width only with no true width provided. Evidence · text > Intersection width is downhole width only. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### ISDD001 [Link to this fact](https://atlas-staging.minestarters.com/news/ilt-first-isabel-hole-returns-5-4m-sulphide-mineralised-zone--74cacb31-6cdf-4746-8509-fc301a86d688#fact-drill-facts-0) Isabel Prospect · zinc #### Identity - Hole ID: ISDD001 - Project: Isabel Prospect - Commodity: zinc - Region: australia\_qld - Reported Region: australia\_qld - Ticker: ILT #### Geometry - Intercept: 5.4 m - From: 46.3 m - To: 51.7 m - Hole Depth: 80 m - Intercept Depth: 46.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: ISDD001:46.3-51.7 - Mining Method: underground #### Location - Location: Isabel - Easting: 326144 - Northing: 8076982 - CRS: MGA94 - EPSG: 55 - Elevation: 300 m - Azimuth: 270 ° - Dip: -50 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek Townsville - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: First visual intersection of a sulphide zone in the program, but grade is unconfirmed. - Positive factor: Significant sulphide mineralisation visually identified - Negative factor: No assay grades reported yet - Negative factor: Visual estimates are uncertain Evidence · text > intersected a 5.4m zone of significant sulphide mineralisation extending from 46.3m down hole. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### ISDD001 [Link to this fact](https://atlas-staging.minestarters.com/news/ilt-first-isabel-hole-returns-5-4m-sulphide-mineralised-zone--74cacb31-6cdf-4746-8509-fc301a86d688#fact-drill-facts-1) Isabel Prospect · zinc #### Identity - Hole ID: ISDD001 - Project: Isabel Prospect - Commodity: zinc - Region: australia\_qld - Reported Region: australia\_qld - Ticker: ILT #### Geometry - Intercept: 2 m - From: 47.6 m - To: 49.6 m - Hole Depth: 80 m - Intercept Depth: 47.6 m #### Classification - Program: exploration - Sample Type: drill - Group ID: ISDD001:47.6-49.6 - Mining Method: underground #### Location - Location: Isabel - Easting: 326144 - Northing: 8076982 - CRS: MGA94 - EPSG: 55 - Elevation: 300 m - Azimuth: 270 ° - Dip: -50 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Intertek Townsville - QA/QC Disclosed: Yes - QP Signed: No - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: low\_confidence - Historical: No #### Dates - Event date: 2026-10-11T00:00:00.000Z Reasoning: High-grade visual zone of sphalerite within the larger intersection. - Positive factor: High sphalerite abundance \(35%\) visually identified - Negative factor: Visual estimate only Evidence · text > Zone of highest sulphide abundance estimated to be 35% sphalerite over 2m from 47.6m down hole. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.