What's Happening?
Iltani Resources, led by Managing Director Donald Garner, is advancing its Orient Project in Queensland with an expanded drilling program. The company has completed infill drilling at Orient East and plans to extend drilling with nine additional holes to increase resource tonnage and grade. A resource update is expected by the end of September as the project progresses.
Why It's Important?
The expansion of Iltani Resources' drilling program signifies a strategic move to enhance resource estimates and strengthen its position in the mining sector. This development could lead to increased investment and interest in Queensland's mineral resources, potentially boosting local economies and contributing to the global supply of critical minerals.
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What's Next?
Iltani Resources is set to release a resource update by the end of September, which will provide further insights into the project's potential. Stakeholders and investors will be closely monitoring these developments, as they could impact future exploration and investment decisions in the region.