en.Wedoany.com Reported - Iltani Resources has received the first assay results from its 110-hole drilling program at the Orient silver-indium project near Herberton in far north Queensland. The company has so far received results from seven reverse circulation holes completed at Orient West. Among them, hole ORR142 intersected 1 meter grading 207 g/t silver, 626 g/t indium, 1.6% lead, and 11.1% zinc; hole ORR147 intersected 1 meter grading 279 g/t silver, 523 g/t indium, 4.2% lead, and 9.4% zinc.
Hole ORR141 returned a 42-meter interval from 26 meters depth grading 52 g/t silver, 19 g/t indium, 1.0% lead, and 1.0% zinc, including an 11-meter interval from 54 meters depth grading 130 g/t silver, 49 g/t indium, 2.2% lead, and 1.7% zinc. In hole ORR144, intersections included a 100-meter interval from surface grading 14 g/t silver, 18 g/t indium, 0.4% lead, and 0.5% zinc, including a 10-meter interval from 78 meters depth grading 37 g/t silver, 82 g/t indium, 0.6% lead, and 1.5% zinc.
This drilling is part of an infill program aimed at improving the grade, tonnage, and confidence of the current JORC resource at Orient (34.2 million tonnes at 110.4 g/t silver equivalent). Managing Director Donald Garner said these initial results look very promising, encountering broad zones of mineralization and high-grade silver and indium, while the wide shallow intersection from ORR141 continues to demonstrate open-pit potential.
The company has completed 37 holes totaling 6,853 meters, representing 63% of the originally planned 110 holes, with samples sent for assay every two to three days. Iltani also holds an exploration target estimate of approximately 15.4 to 18.8 million tonnes at 95-117 g/t silver equivalent, which the company plans to convert into mineral resources through further drilling. Infill drilling will target the "high-grade core zone" at Orient West on 50-meter section spacing, while also testing the extension of mineralization to the northeast and southwest.
Planned drilling at Orient is expected to be completed in one to two months, after which a rig will begin testing regional targets such as Boonmoo Epithermal and Union Jack. The Orient silver-indium project is located approximately 120 kilometers southwest of Cairns and is part of Iltani's larger Herberton project, where the company holds approximately 370 square kilometers of wholly owned tenements.
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