OK, so our high grade target is substantially above the Bowdens mining reserve,
Taken at the mid point of the combined high grade exploration target, Orient is 37Mt (+23% Bowdens) @ 117g/t Ag Eq (+17% Bowdens).
Just released by Discovery Alert below
Discovery Alert
Iltani Defines a High-Grade Exploration Target at Orient East
Iltani Resources Limited (ASX: ILT) has delivered a major exploration milestone, defining the Orient East Exploration Target at its 100%-owned Orient Project in North Queensland. This update signals substantial silver-indium-lead-zinc mineralisation, with high-grade zones reinforcing the potential for a world-class deposit.
Key Highlights:
25 – 35 Mt @ 77 – 95 g/t Ag Equivalent (30 g/t Ag Eq. cut-off)
High-grade core of 12 – 18 Mt @ 110 – 130 g/t Ag Equivalent
Exceptional high-grade zones:
3.5 – 4.0 Mt @ 280 – 340 g/t Ag Eq. (200 g/t cut-off)
1.1 – 1.4 Mt @ 430 – 520 g/t Ag Eq. (300 g/t cut-off)
Orient Project Exploration Target increases to 99 – 135 Mt, solidifying its position as one of Australia’s largest silver-indium projects.
A Transformational Step for Iltani Resources
Iltani’s latest announcement builds on its aggressive exploration strategy. With 35 drill holes completed at Orient East, the company is now well-positioned to deliver a JORC-compliant Mineral Resource Estimate in 2025.
This update also expands the total Orient Project Exploration Target to 99 – 135 Mt @ 61 – 73 g/t Ag Equivalent, including a high-grade core of 32 – 42 Mt @ 110 – 124 g/t Ag Equivalent.
Upcoming Catalysts for 2025
March 2025 – Orient drilling program restarts
May 2025 – Diamond drill rig mobilised for high-grade zone targeting
Mid-2025 – Initial Mineral Resource Estimate for Orient West & East
Why Investors Should Pay Attention
High-Grade Discovery: The latest results confirm multiple high-grade zones.
Strategic Indium Exposure: Indium is a critical mineral for the tech and renewable sectors.
Active Exploration Pipeline: Strong news flow expected in 2025, with more drilling and potential resource upgrades.
With silver and critical minerals in high demand, Iltani Resources is emerging as a key exploration player in the Australian market.
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