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Iltani Resources Ltd. ( (AU:ILT) ) has shared an update.
Iltani Resources Limited announced promising results from the initial seven drill holes of their Orient West JORC Infill drilling program. The program revealed high-grade silver equivalent mineralization across multiple areas, enhancing the potential for both open pit and underground mining. The continuity of mineralization suggests a significant resource potential, with operations set to resume after the wet season. The results affirm Iltani’s strategy to establish a large silver-lead-zinc-indium deposit in Australia, as the Orient System demonstrates considerable size and scale potential.
More about Iltani Resources Ltd.
Iltani Resources Limited is a silver and base metals exploration company focusing on its Orient Silver-Indium Project located in Herberton, North Queensland. The company is actively involved in exploring and developing silver, lead, zinc, and indium resources, aiming to position itself as a significant player in the mining industry.
YTD Price Performance: 7.50%
Average Trading Volume: 142,911
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of ILT stock, go to TipRanks’ Stock Analysis page.
