iSCSI on M1000 blade chassis

I need to add storage for both Hyper-V and Microsoft DPM purposes and a SAN is outside of the budget, so I was looking to add a Synology NAS via iSCSI.  I just wanted to make sure that with the hardware I have on this chassis, I can dedicate one of the physical ethernet ports to iSCSI.

For I/O modules, I have one Gigabit ethernet module (see screenshot)