Iltani Resources Limited Uncovers Australia’s Largest High‑Grade Silver–Indium Deposit—Diamond Drilling Validates Robust JORC Exploration Target at Orient West

Tuesday, July 8, 2025
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9:18 am
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Iltani Resources Limited’s latest diamond drilling at the Orient West Project in North Queensland has intersected high-grade silver-indium mineralisation, reinforcing its potential as Australia’s premier deposit. Strong results boost investor confidence and set the stage for further exploration and resource expansion.

Iltani Resources Limited has reported impressive progress from its Orient Silver‐Indium Project in North Queensland following the completion of two diamond drillholes as part of its JORC infill program. The company’s latest results from drillholes ORD002 and ORD003 revealed multiple high-grade intersections in a continuous, large-scale silver-indium system. In particular, drillhole ORD002 returned intervals such as 4 meters at 158.6 grams per tonne silver equivalent, including sub-intervals reaching 210.2 grams per tonne, and an 11.94‐meter section averaging 160.8 grams per tonne silver equivalent with a notable 1.34‐meter interval assaying as high as 809.2 grams per tonne silver equivalent. Drillhole ORD003 further underscored the deposit’s potential with an intercept of 5 meters at 428.6 grams per tonne silver equivalent that included a brief but very high-grade section showing nearly 1838.4 grams per tonne silver equivalent. The drilling, executed using oriented diamond core techniques, provides critical structural and grade continuity information and is central to the company’s efforts to define a JORC-compliant resource. Early indications suggest the possibility of an Exploration Target ranging from approximately 74 to 100 million tonnes averaging 55 to 65 grams per tonne silver equivalent, with a higher-grade core component in zones recording 110 to 120 grams per tonne. The results further confirm mineralisation along broad vein systems with associated silver, lead, zinc, and indium, highlighting both open pit and underground mining potential. In addition to Orient West, the company is advancing work at Orient East with further assay results pending and has identified several other targets across the project area. Detailed technical metrics, including the use of a silver-equivalent formula that factors in lead, zinc, and indium contributions, attest to the high-grade nature of the intercepts. For beginner traders, these robust drilling outcomes signal a significant step forward in delineating one of Australia’s largest and highest-grade silver-indium deposits. The technical data supports a growing confidence in the deposit’s economic potential, although the exploration nature of the project means that further drilling and assay confirmation are required before a definitive resource estimate is completed. On the bullish side, the exceptionally high-grade intercepts and the continuity of mineralisation across multiple drillholes suggest promising resource potential. Investors may be attracted to the possibility of a large, economically viable deposit that could underpin both open pit and underground mining, providing strong upside if further drilling results and resource estimations confirm current findings. Conversely, the bearish perspective emphasizes that the project remains in the early exploration phase. The high-grade intersections, while impressive, come with the inherent risks typical of exploration projects, including the challenges of converting these findings into an economically mineable resource. Additionally, pending assay results and the need for continued drilling to establish a robust, JORC-compliant resource highlight that investment outcomes will depend on the ongoing validation of these initial technical successes.

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