Iltani Resources (ASX:ILT) found silver mineralization during a recent reverse circulation drilling at its Orient silver-indium project in Queensland, according to a Tuesday Australian bourse filing.
The results were of up to seven meters at 117.4 grams per tonne silver equivalent from 131 meters, including one meter at 455.8 g/t silver equivalent from 133 meters.
The company said the drilling is complete and drilling program data is being used by independent mining consultants, Mining One, to estimate an initial Orient West JORC Resource, with targeted completion by the end of July.
The company added that it expects to disclose the JORC Resource in September.