Hi Kevin, silver was pre 1933, but it is not standard infantry. It has a chain across the base and the flaming bomb in the center. The chain appears on early motorised badges and the bomb with a tall flame was adopted by Dragoons post 1934, so at a guess pre 1933 motorised dragoons, but this is only a guess Italian insignia can get quite complexed during the inter war period, I have numerous variants for tanks during this period and I'm still not 100% about some of them, hope this helps and best wishes Mike P.S I put together the presumed 3rd tankie lot so I can send you a pic if you want.
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