Orient Project Strikes Major Indium Discovery as Iltani Resources Unlocks Australian Silver-Indium Potential

NFTragedy · 2026-01-20T22:03:22+00:00

Iltani Resources has reported significant drilling results from its Orient silver-indium project in Queensland, showcasing valuable intersections of silver and indium. With a strong resource base and an aggressive exploration strategy backed by QIC's funding, the company aims to enhance the project's value and expand its resource estimates, especially in the promising Link Zone.

NFTragedy

2026-01-20 22:03:22

Abstract generation in progress

Iltani Resources (ASX:ILT) has delivered compelling drilling results that underscore the significant value embedded in its Orient silver-indium project, located in North Queensland’s Herberton district. Recent assay data reveals an intersection of 10 metres grading at 111.7 g/t silver alongside 44.1 g/t indium, complemented by 2.2 percent lead and 2.1 percent zinc from a depth of 104 metres—results that Managing Director Donald Garner characterized as a breakthrough for the asset.

Substantial Resource Base Supports Expansion Strategy

The Orient project, encompassing the East and West zones, represents one of Australia’s most substantial silver-indium platforms. The current JORC-compliant resource inventory totals 34.2 million tonnes at 110.4 g/t silver equivalent (using a 60 g/t cut-off) and extends to 62.5 million tonnes at 81.5 g/t silver equivalent under a 30 g/t threshold. These figures establish a foundation for continued exploration and resource definition.

Link Zone Emerges as High-Impact Target

The newly-drilled Link Zone, a mineralized corridor spanning approximately 900 metres between the Orient East and West deposits, represents a transformational opportunity. Critically, the current mineral resource estimates do not yet incorporate drilling results from this zone, indicating substantial upside potential. Garner noted that the Link Zone “will be part of a larger drilling program planned to expand the current Orient West and Orient East resources and follow up on results from the geophysical surveys.” Drilling is scheduled to commence following the conclusion of the wet season.

QIC Investment Catalyzes Accelerated Exploration

The Queensland Investment Corporation’s AU$8 million commitment—structured as AU$6 million in non-dilutive, royalty-based funding plus a AU$2 million equity stake—has positioned Iltani to execute an aggressive exploration agenda. The company intends to dramatically scale drilling intensity, with Garner committing to drilling more metres in 2026 than the combined total of 2024 and 2025. This capital deployment targets resource expansion at both Orient and the broader Herberton project, capitalizing on a market increasingly focused on indium supply chains.

The convergence of encouraging geological results, substantial resource potential, and committed capital outlines a compelling trajectory for the Orient silver-indium asset as a cornerstone of Iltani’s portfolio development.

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