Iltani Resources Limited Delivers High-Grade Silver-Base Metal Drilling Hits, Paving the Way for a Landmark JORC Resource in North Queensland

Thursday, July 3, 2025
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11:31 am
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Iltani Resources Limited reports robust high-grade silver and indium drill results from its Orient West project in North Queensland. With broad intercepts supporting an upcoming JORC-compliant resource estimate, these findings highlight the exciting potential of Australia’s premier silver-indium discovery for early-stage traders.

Iltani Resources Limited has reported further highly encouraging drill results from its Orient Silver‐Indium Project in North Queensland. The company’s recent reverse circulation drilling at Orient West has returned several significant high‐grade intersections. Notable highlights include drillhole ORR086 intercepting 7 meters at 176.0 g/t silver equivalent, with a standout 5-meter section averaging 233.7 g/t silver equivalent – including a 1-meter segment reaching an exceptional 945.4 g/t silver equivalent. Other holes, including ORR087, ORR088, ORR089 and ORR090, have similarly shown strong grades and mineral continuity comprising silver, indium, lead and zinc, reinforcing the prospect’s status as Australia’s largest and highest‐grade known silver–indium deposit. The technical data confirms consistent high-grade intersections within a well-defined 900m by 350m high‐grade core area at Orient West, demonstrating robust down dip and along strike continuity. The drilling outcomes support the potential for both open pit mining given the broad, moderate-grade mineralized trends that envelope the high-grade zones, as well as future underground development given the mineralization remaining open at depth. The firm’s rigorous quality control and detailed reporting underpin these positive results, while pending assay data from further holes and a recently completed Orient East program indicate additional value across the project. An initial JORC-compliant resource for Orient West is expected by the end of July, with a resource for Orient East anticipated in September 2025, following modelling by independent consultants. Bullish sentiment focuses on the record-grade intersections such as those observed in ORR086 and ORR089, which, together with the project's extensive high-grade core and wider mineralized trends, suggest significant upside potential. The comprehensive drilling program and clear timelines for resource estimates enhance confidence among investors. Conversely, bearish considerations include the typical exploration risks inherent in early-stage projects, such as pending assay results and the uncertainty of deeper drilling outcomes. Moreover, while technical indicators are promising, further drilling and a complete resource estimation are needed to fully mitigate delivery risks.

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