Iltani Resources (ASX:ILT) is set to release its maiden resource estimate for the Orient West prospect this month, followed by an initial resource estimate for the Orient East prospect. These prospects are part of Iltani’s 340 square kilometre Herberton Project in northern Queensland, which hosts epithermal mineralisation including silver, lead, zinc, and indium. Iltani Resources is a mineral exploration company focused on discovering and developing resource projects. The company’s primary focus is on exploring its Herberton Project in Queensland.
Managing Director Donald Garner will be presenting at the Noosa Mining Investor Conference from July 23-25 to raise Iltani’s profile among resource investors. The company’s presentation is scheduled for July 23 as part of the ‘Small Caps Big Day Out in Noosa’ series. Garner highlighted the timing as ideal, coinciding with the completion of the JORC resource infill drilling program at Orient West and East.
Following the resource estimates, Iltani plans to restart drilling to test versatile time domain electromagnetic targets (VTEM) at Orient. These targets, identified in late June, could significantly expand the project’s potential. Subsequent to the VTEM results, drilling at Orient West has yielded high-grade mineralisation, including up to 1,838.4 grams per tonne silver equivalent from 58.4 metres.
The company anticipates releasing the Orient East resource estimate in September, based on data from 23 reverse circulation holes and two diamond holes. Iltani believes Orient is Australia’s largest silver-indium deposit and anticipates further growth through continued drilling, with remaining assays from Orient East drilling expected over July and August.
