InvestSMART

Iltani Resources Limited (ASX:ILT)

ALERT: Price-sensitive ASX Announcement for ILT
Current share price for ILT : $0.400 -0.1 (-20%)+
Announcement
Release
29 Oct 2025 1:10PM
Price at Release
$0.500
Full Release
download
Summary
Iltani Resources Limited focused on exploration and development activities at the Orient Silver-Indium Project as part of the Herberton Project in Northern Queensland. The company completed a maiden Mineral Resource Estimate (MRE) for the Orient West, and continued drilling programs at both Orient West and East, yielding significant assay results. The Herberton Project is considered highly prospective with a history of tin and other mineral mining. The report also includes financial details such as cash flows, with significant expenditures on exploration activities, and highlights grants received for a geophysical survey. Iltani maintains 100% interest in several key tenements in Queensland.
Key Points
  • Continued exploration and development at Orient Silver-Indium Project
  • Completion of maiden Mineral Resource Estimate for Orient West
  • Significant assay results from drilling programs at Orient West and East
  • Herberton Project holds large tenement area with historical mining significance
  • Net cash used primarily for exploration activities
  • Receipt of grant for geophysical survey
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.