Highlights
Iltani Resources plans additional reverse circulation drilling at the Orient Silver-Indium Project
Infill drilling program aims to enhance resource definition at Orient East
Resource estimate timeline adjusted to incorporate new drilling results
Iltani Resources (ASX:ILT), a base metals and critical minerals explorer, is advancing its maiden resource estimate for the Orient Silver-Indium Project in Herberton, North Queensland. The company, listed on the ASX 300, has initiated an expanded drilling program to build on earlier exploration outcomes.
Expanded drilling program at Orient East
Following results from an infill drilling phase, the company has committed to another series of reverse circulation holes at Orient East. This next round of drilling will focus on extending the area of defined mineralisation, with work planned across multiple new drill locations.
Enhancing resource definition
The Orient East program covers a defined zone within the broader Orient Project area. Earlier drilling had identified broad intersections containing silver and associated minerals. The updated work plan includes targeting both previously drilled sections and untested extensions, aiming to build a more robust resource model.
Geological observations
Results from recent drilling indicate continuity of mineralisation at depth, with certain intercepts displaying higher silver equivalent grades within broader zones. Down dip extensions remain open, providing additional scope for future geological modelling once the current program concludes.
Adjustments to resource estimate schedule
The planned additional drilling has led to an updated timeline for the maiden resource estimate. The extended program is expected to deliver more comprehensive geological data, enabling the inclusion of greater tonnage and grade in the final resource statement.
Project area and geological setting
The Orient Silver-Indium Project is situated in a mineral-rich region of North Queensland, historically known for silver and base metal occurrences. The area hosts multiple mineralised structures, with exploration to date focusing on zones where silver, indium, and other critical minerals occur together within defined geological units.
Company exploration strategy
Iltani Resources’ broader exploration portfolio spans Queensland and Tasmania, with a strategy centred on the discovery and development of base metals and critical minerals to support low-emission technologies. The current drilling at Orient East forms part of this multi-project approach, aligning field activities with resource development goals.
Frequently Asked Questions
- What is the Orient Project?
A silver-indium exploration project located in North Queensland. - Where is Iltani Resources listed?
On the Australian Securities Exchange under the ticker ASX:ILT. - What minerals are targeted?
Silver, indium, and associated base metals.