Iltani Resources (ASX:ILT) reported high-grade results from an infill drilling program at its Orient silver-indium project in Queensland, according to a Thursday Australian bourse filing.
Significant intersections encountered during the drilling included 11 meters at 255.7 grams per tonne grade of silver equivalent from 49 meters, as well as eight meters at 36.8 g/t silver, 219.1 g/t indium, 0.4% lead, and 3.2% zinc from 184 meters.
The firm is completing simultaneous reverse circulation and diamond infill drilling programs at the project, per the filing.
Its shares rose 6% in recent trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.