Lode Resources (ASX:LDR) said a 50-to-60-hole extension drilling program at the Montezuma antimony-silver project in Tasmania is underway with 14 drill holes already completed and the first batch of core assay results expected imminently, according to a Tuesday Australian bourse filing.

The firm expects to release the maiden mineral resource for the Webbs Consol silver project in New South Wales soon after previously reported high-grade drill intercepts defined several silver-zinc-lead lodes that extend down to 300 meters from surface.

Its initial drilling program at the Magwood antimony project, also in New South Wales, is expected to begin imminently.