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Iltani Resources Ltd. ( (AU:ILT) ) has shared an announcement.
Iltani Resources Ltd. has announced the commencement of a new drilling program at Orient East, part of the larger Orient System in northern Queensland. The program involves drilling nine reverse circulation holes to explore extensions of known mineralization, with the aim of potentially increasing the Mineral Resource Estimate (MRE) for Orient East. The drilling is expected to conclude by early September, with the MRE anticipated by late September or early October 2025. This initiative could significantly impact the company’s resource base and enhance its positioning in the silver and base metals market.
More about Iltani Resources Ltd.
Iltani Resources Ltd. is a company operating in the mining industry, focusing on the exploration of silver and base metals. The company is particularly involved in the development of the Orient System, which is noted as Australia’s largest known silver-indium deposit, located in northern Queensland.
Average Trading Volume: 158,578
Technical Sentiment Signal: Strong Sell
See more insights into ILT stock on TipRanks’ Stock Analysis page.