Iltani Resources (ASX:ILT) has recommenced drilling at Orient East in northern Queensland with a reverse circulation program spanning 2,100m for nine additional holes ahead of a resource estimate due later this year.
Drilling intends to uncover extensions to the known mineralisation, with previous programs returning grades including 24m @ 148.5 grams per tonne silver-equivalent from 90m, 32m @ 161g/t silver-equivalent from 115m, and 8m @ 190.7g/t silver-equivalent from 104m.
The company expects drilling to be completed in two or three weeks.
Managing Director Donald Garner says the company is pleased to be back drilling at Orient East with its ongoing extension program.
“The drilling is designed to test an area to the southwest of Orient East, where the mineralisation previously intersected in drilling remains open,” Garner says.
“As previously noted, the drilling will push back the Orient East mineral resource estimate (MRE) to last September/early October, however the drilling has potential to materially increase the MRE, so we decided it was well worth completing.”
Orient East is a part of the larger Orient system, which hosts a JORC-compliant resource estimate of 21.6 million tonnes @ 100.5g/t silver-equivalent at Orient West, and an exploration target between 12-18 million tonnes @ 110-130g/t silver-equivalent at Orient East.
Iltani Resources is an Australian company focused on uncovering precious and base metals required to create a low emission future.
Write to Maddison Elliott at Mining.com.au
Images: Iltani Resources
