Iltani Resources has unveiled promising assay results from its Orient silver-indium project in north Queensland, with drilling returning up to 1064 grams per tonne (g/t) silver equivalent (AgEq).
The company’s recent drilling program at Orient East yielded high-grade silver-lead-zinc-indium intercepts, with notable highlights including:
- 7m at 342.5g/t AgEq from 37m, including 1m at 1063.9g/t AgEq
- 30m at 86.3g/t AgEq from 52m, including 3m at 292.3g/t AgEq
- 7m at 167.7g/t AgEq from 129m, including 1m at 551.3g/t AgEq.
These results, part of a broader 33-hole reverse circulation (RC) drilling campaign, offer both high grades and wide zones of mineralisation, highlighting Orient East’s resource potential.
“Our drilling to date demonstrates the size and scale of the Orient System, which we believe is Australia’s largest silver-indium deposit,” Iltani managing director Donald Garner said.
“The first assay results from our latest drilling at Orient east have surpassed our expectations, delivering excellent thick, high-grade silver-lead-zinc-indium intercepts.
“We are expecting to receive more assay results over the coming weeks and this data will be incorporated into the Orient East geological model, which will then be used by Mining One to block model the Orient East mineralisation and estimate an Orient East exploration target.”
Silver’s growing role in renewable energy applications, particularly in solar photovoltaic (PV) cells, adds weight to these findings.
With silver prices rising in 2024 and strong industrial demand forecast into 2025, Iltani’s high-grade discoveries position the company to leverage market dynamics.
Indium, although less discussed, is a critical component in semiconductors and solar technologies.
The strategic importance of these metals makes Orient East particularly appealing to both investors and industry stakeholders.
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