Iltani Resources (ASX: ILT) Extends High-Grade Silver Link Zone

Iltani Resources has reported more high-grade silver-lead-zinc-indium mineralisation from its Orient project in northern Queensland.

The latest results cover four reverse-circulation holes targeting the Link Zone between Orient East and Orient West. Three returned material mineralisation, while ORR194 encountered only low-grade mineralisation.

ORR190 Leads the Results

ORR190 returned 13 metres at 334 grams per tonne silver equivalent from 141 metres downhole. That included eight metres at 492 grams per tonne from 143 metres.

A higher-grade section returned two metres at 1,237 grams per tonne silver equivalent from 144 metres. It contained 531 grams per tonne silver, 112 grams per tonne indium, 10.3% lead and 5.7% zinc.

ORR192 intersected 18 metres at 123 grams per tonne silver equivalent from 70 metres. This included six metres at 248 grams per tonne from 72 metres.

Meanwhile, ORR196 returned three metres at 220 grams per tonne silver equivalent from 155 metres. Its best metre graded 402 grams per tonne silver equivalent.

The reported intersection lengths are downhole widths rather than true widths. Iltani applied a 30 grams per tonne silver-equivalent lower cut, with no upper cut.

Outside the Existing Resource

All Link Zone intercepts sit outside Orient’s current Mineral Resource. That distinction makes the zone relevant to the company’s planned resource update.

Mineralisation has now been defined across 240 metres of strike and to 145 metres below surface. More than 400 metres of additional strike remains untested.

The latest assays also build on results reported from drilling completed in late 2025. ORR136 returned 22 metres at 155 grams per tonne silver equivalent from 127 metres. ORR138 returned 10 metres at 314 grams per tonne from 104 metres.

Orient currently hosts 62.5 million tonnes at 81.5 grams per tonne silver equivalent. The estimate comprises 38.8 million indicated tonnes and 23.7 million inferred tonnes.

The silver-equivalent calculation includes silver, lead, zinc and indium. It assumes those metals have reasonable potential to be recovered and sold. Historical test work supports recovery into lead-silver and zinc-indium concentrates.

Resource Update Comes Next

Iltani was drilling the 97th hole of its planned 110-hole program when it issued the update. The company expects drilling to finish within two to three weeks.

However, assay turnaround at the Townsville laboratory is currently about one to two months. Further results therefore remain pending after fieldwork concludes.

Iltani plans to update the Orient Mineral Resource in the fourth quarter of 2026. That estimate will feed into a scoping study scheduled for early 2027.

The company is also planning follow-up drilling across the Link Zone. It expects that work to begin before northern Queensland’s 2026 wet season.