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Iltani Resources Ltd. ( (AU:ILT) ) has provided an update.
Iltani Resources Limited has secured a $230,375 grant from the Queensland Department of Natural Resources and Mines to conduct an airborne geophysical survey at its Herberton Project. This survey, part of the Collaborative Exploration Initiative, will use Versatile Time Domain Electromagnetic (VTEM) technology to explore the Orient Silver-Indium Deposit and the Boonmoo Sag Caldera. The survey aims to identify new drilling targets and assess the potential for deep-seated mineralization, potentially expanding the company’s resource base and enhancing its exploration strategy.
More about Iltani Resources Ltd.
Iltani Resources Limited is a company operating in the mining industry, focusing on exploration and development of mineral resources. The company is particularly engaged in projects involving silver, lead, zinc, and indium, with a significant focus on the Herberton Project in Queensland, Australia.
YTD Price Performance: 12.50%
Average Trading Volume: 134,636
Technical Sentiment Signal: Strong Sell
For a thorough assessment of ILT stock, go to TipRanks’ Stock Analysis page.