Iltani Resources Advances Drilling Program at Orient Deposit

The latest update is out from Iltani Resources Ltd. ( (AU:ILT) ).

Iltani Resources has completed the first five holes of its infill drilling program at the Orient deposit in Queensland, with the samples sent for assaying. Despite delays due to regional weather, a second drill rig is expected to commence further drilling in early April, aiming to model and estimate the JORC resources by Q3 2024. This progress is part of Iltani’s strategy to expand the Orient deposit, which could enhance its market positioning and offer significant opportunities for stakeholders.

More about Iltani Resources Ltd.

Iltani Resources Ltd. is a company operating in the silver and base metals exploration industry, primarily focusing on the exploration and development of silver-indium deposits. The company is engaged in mineral exploration activities in northern Queensland, Australia, particularly at the Orient deposit, which is noted as Australia’s largest known silver-indium deposit.

YTD Price Performance: 7.32%

Average Trading Volume: 133,382

Technical Sentiment Signal: Strong Sell

See more insights into ILT stock on TipRanks’ Stock Analysis page.