Iltani Resources has delivered a landmark milestone for its Orient silver-indium project near Herberton, in north Queensland, one of Australia’s largest silver-indium resources.
The maiden Orient East mineral resource estimate (MRE) totals 19.8 million tonnes (Mt) at 98 grams per tonne (g/t) silver equivalent (Ag Eq.) using a 30g/t Ag Eq. cut-off, including a higher-grade core of 12.6Mt at 128g/t Ag Eq.
Combined with the Orient West MRE, the project now boasts 62.5Mt at 81.5g/t Ag Eq., with a higher-grade core of 34.2Mt at 110.4g/t Ag Eq.
“This is a fantastic result for Iltani, building on the recently completed Orient West MRE,” Iltani Resources managing director Donald Garner said. “There is still substantial potential to materially increase the Orient MRE by converting the remaining exploration target to JORC resources, continuing to drill out the Orient systems and exploring the larger Orient system.”
The updated Orient East Exploration Target ranges from 6.5–7.9Mt at 120–147g/t Ag Eq. (60g/t cut-off) and 10.9–13.3Mt at 88–108g/t Ag Eq. (30 g/t cut-off). Overall, the Orient Project Exploration Target now sits at 35.9–43.3Mt at 64–78g/t Ag Eq., highlighting strong upside for future growth.
Iltani has completed 10 RC drill holes targeting shallow VTEM anomalies, with assays pending. The work is supported by an $8 million investment from Queensland Investment Corporation (QIC), enabling permitting, further exploration and advancement of the current MRE towards production.
All MRE areas remain open, offering substantial upside for resource expansion and consolidating Iltani’s position as a leader in north Queensland’s silver-indium sector.
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