Iltani Resources Limited (ASX: ILT) has reported promising results from a deep diamond drill hole (ORD001) at its Orient project in northern Queensland, identifying potential for a significant underground resource. Funded by the Queensland Government's Collaborative Exploration Initiative, the drill hole intersected the silver-lead-zinc-indium vein system, revealing notable results, including 6 meters at 189 g/t silver equivalent, with a higher-grade section of 2 meters at 420 g/t silver equivalent. The drilling indicates that the vein system remains open at depth and can extend the high-grade core zone. Additionally, two leading conductors associated with the sulphide-rich vein system have been identified, representing high-priority drill targets for further exploration. These findings highlight the substantial underground resource potential at the Orient site.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.