https://mining.com.au/analyst-sees-growth-potential-in-iltanis-or...

https://mining.com.au/analyst-sees-growth-potential-in-iltanis-orient/

Analyst sees growth potential in Iltani’s Orient


Terra Studio research analyst J-François Bertincourt believes there a number of potential catalysts for a re-rating of junior explorer Iltani Resources (ASX:ILT).The research note comes on the back of last week’s release of an initial exploration target of 74-100 million tonnes @ 55-65 grams per tonne (g/t) silver equivalent for the Orient West Prospect in north Queensland.This includes a “high-grade” target of 20-24 million tonnes @ 110-120g/t silver equivalent.

Bertincourt says in his research note that those figures compare well with Terra Studio’s previous “back of the envelope” estimate of 32-44 million tonnes @ 80-120g/t silver equivalent.“Going forward, ILT shall capitalise on the high-grade zones with resource infill and extensional drilling,” he says.