Iltani Resources kicks off drilling at Orient silver-indium project in Queensland

• Drilling has commenced at the Orient silver-indium project in North Queensland
• First drill holes at Orient West completed over the weekend
• Samples to be submitted for assay in batches of three to four holes
• First assay results expected towards the end of May/early June

Iltani Resources (ASX: ILT) has completed the first holes in its new drilling program at its Orient project in Herberton, North Queensland – Australia’s largest known silver-indium deposit.

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MD, Donald Garner, confirmed the first holes at Orient West were completed over the weekend.

“Now that the drilling is underway its is going to be exciting to see what the drill rigs deliver, not only at Orient, but across the Herberton project as we drill multiple exciting target,” he said.

“We are confident that we can make up for the time we have lost and complete the drilling programs as designed.”

The start-up of drilling has followed the end of the wet season with contractor Eagle Drilling confirming that two RC rigs have been mobilised to site.

Iltani is planning to complete 115 RC drillholes for 16,000m at Orient for approximately 30,000m drilled to date in 145 drill holes.

The Orient drilling aims to infill the Orient East and Orient West resources to better define mineralisation geometry and upgrade resource categories.

The program will also look to extend the mineralisation along strike at Orient East and Orient West to increase the current resources and further define mineralisation in the “Link Zone” between Orient East and Orient West.

It will also test other targets including Orient North and Vein 1 to determine geometry, width and grade and economic potential.

Iltani is also undertaking environmental sampling to progress towards a mining lease application.

The company will also carry out preliminary drill testing of a number of targets within the larger Herberton project including Boonmoo Epithermal (seven initial RC drill holes for 1200m), Union Jack (three initial RC drill holes for 650m plus down hole EM geophysics), Isabel (13 initial diamond drill holes for 2550m) and Isabel Extended (two initial diamond drill holes for 500m), across the larger Herberton Project, totalling 1850m RC drilling and 3050m diamond drilling.

The Herberton project drilling is expected to commence subsequent to the completion of Orient drilling, in approximately four months’ time.

ILT is up 1.19% to 42.5¢. Mkt cap $32.95M.

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