Highlights
- Resource estimate for Orient West expected by July 2025
- High-grade silver-equivalent results confirm mineralisation continuity
- Orient East drilling completed; assays pending for September estimate
Iltani Resources (ASX:ILT) is advancing steadily toward delivering its initial JORC-compliant resource estimate for the Orient West deposit, located within the Herberton Project in Queensland. The estimate is scheduled for release in July 2025 following the completion of a detailed infill drilling program.
This latest development marks a significant step in Iltani’s exploration campaign. The infill program focused on Orient West has identified multiple intersecting higher-grade vein systems surrounded by broader zones of low-grade stockwork mineralisation. The data gathered from recent drillholes is now being used by an independent mining consultant to model the upcoming resource estimate.
The standout assay results from the Orient West drilling program include:
- 7 metres @ 176 grams per tonne silver-equivalent (AgEq) from 145m, including 1m @ 945.4g/t AgEq from 151m
- 1m @ 792.1g/t AgEq from 76m
- 1m @ 727.2g/t AgEq from 50m
These intercepts provide compelling evidence of both strike and dip continuity of the mineralisation, particularly in the areas tested. According to the company, the intersected trends not only confirm the consistency of the mineralised zones but also present an opportunity for developing an open pittable resource. Broad, moderate-grade mineralised envelopes surrounding the higher-grade veins strengthen the project's near-term potential.
Drilling activity has also wrapped up at the adjacent Orient East deposit, with results for holes ORR090 to ORR095 pending. A resource estimate for this area is anticipated in September 2025, adding another layer of value to Iltani’s regional strategy.
The company has also received final data from a versatile time-domain electromagnetic survey, which is currently being modelled by Mitre Geophysics. These efforts will assist in defining additional high-priority targets. Plans are underway to restart drilling by the end of the month, focusing on geophysical anomalies with potential to expand both tonnage and grade.
The Orient Project is part of the broader Herberton Project, which spans 340 square kilometres within the historically productive Herberton Mineral Field. This region has a deep mining history dating back to 1880, with over 2,400 known historical mine sites. While primarily known for tin, the area is also rich in other minerals including tungsten, copper, silver-lead-zinc, bismuth, antimony, molybdenum, and gold.
With substantial historical data and encouraging assay results, Iltani Resources (ILT) continues to build momentum in what is considered one of Queensland’s most prospective mineral regions.