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Iltani Resources Ltd. ( (AU:ILT) ) just unveiled an update.
Iltani Resources has reported final assay results from two diamond drill holes completed as part of its Orient Mining Option Study at the Orient Silver-Indium Project in North Queensland. The holes, drilled at Orient West (ORD006) and Orient East (ORD007), returned broad intercepts of silver-equivalent mineralisation with multiple high-grade zones, including up to 2,414.5 g/t silver equivalent over 1.5 metres, and closely replicated results from earlier reverse circulation drilling, bolstering confidence in the existing RC dataset. A 240kg bulk sample from the two holes has been dispatched to Core Resources in Brisbane to commence metallurgical test work, a key step in assessing processing characteristics and advancing the project, with the program expected to be completed by mid-2026 and underpinning further planned RC drilling at Orient next year.
More about Iltani Resources Ltd.
Iltani Resources Ltd is an ASX-listed silver and base metals explorer focused on the Orient Silver-Indium Project in the Herberton region of North Queensland. The company targets high-grade silver, indium, lead and zinc mineralisation, with exploration activity aimed at defining economically viable resources to support future development options at Orient East and Orient West.
Average Trading Volume: 226,673
Technical Sentiment Signal: Buy
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