Iltani Resources Limited has released detailed results from its recent drilling program at the Orient East project in North Queensland. The company completed 23 reverse circulation (RC) infill drill holes totaling over 4,400 meters, along with additional diamond drilling, designed to demonstrate and extend the continuity of high-grade silver–indium, lead, and zinc mineralisation. Among the impressive intercepts, one drillhole returned an 86‐meter intersection averaging 75.5 grams per tonne silver equivalent, while another delivered multiple high-grade zones, including a short interval showing nearly 675 grams per tonne silver equivalent. These drill results, measured using a 30 g/t Ag equivalent lower cut with no upper limit, confirm the system’s potential both at shallow, open-pittable depths and at greater depths where the mineralisation remains open. The latest drilling data supports the company’s exploration target of approximately 25 to 35 million tonnes at 77–95 g/t Ag equivalent, which is inclusive of a high-grade core component. Iltani Resources Limited’s methodology follows rigorous JORC Code 2012 standards, with comprehensive sampling, assay, and data verification processes detailed in the release. The company has also engaged external consultants to construct three-dimensional block models that integrate historical data from rock chip samples, previous exploration, and recent VTEM geophysical surveys. Additional drilling and testing of geophysical anomalies are planned for the near term, with the Orient West resource expected to be finalized by the end of July and the Orient East resource likely to be delivered in September 2025. The news brings bullish sentiment as it demonstrates robust intercepts across multiple drillholes, reinforcing confidence in the deposit’s grade and continuity. High-grade intersections at near-surface levels support the potential for cost-effective open-pit mining, while the expanding drill data may pave the way for both open pit and underground opportunities. This progress, supported by stringent quality control and industry-standard sampling techniques, has the potential to bolster future resource estimates and attract investor interest. On the bearish side, the release also highlights the complexity inherent in mineralised systems, such as varying intersection geometries and occasional non-significant results in some drillholes. The technical challenges in accurately assessing true widths and grade distribution, along with ongoing uncertainties regarding commodity recoveries and market conditions, mean that conversion of the exploration target to a definitive resource remains subject to further drilling and analysis. These factors remind beginner traders that while the project’s progress is promising, key risks persist until a full mineral resource estimate is delivered.