Corporate News Report – 25 October 2026
Iltani Resources Limited (ILT.AX)
Iltani Resources Limited, listed on the ASX All Markets, has announced the successful completion of an ore‑sorting trial on the Orient mineralisation. The trial employed a dual‑energy X‑ray system coupled with an AI‑optimised algorithm to process a 5‑tonne bulk diamond core sample. Results indicate that approximately 25 % of the material qualifies as product, while the remainder is classified as waste or fines. Sorted fractions will be forwarded to a metallurgical laboratory for assay and subsequent flotation testing, aiming to validate recoveries and concentrate characteristics.
The company reiterated that the Orient project contains significant silver, indium, lead and zinc. Historical work has demonstrated the potential to separate these metals into lead‑silver and zinc‑indium concentrates. Iltani plans to broaden its metallurgical testing programme to confirm recovery performance and refine its ore‑processing strategy.
Market Activity
Price and Volume
Iltani traded up 4.29 % during the 24‑hour period ending at 08:52 PM Central Europe on Wednesday 21 October.
The current trading price is approximately AUD 0.34.
In the last 24 hours, AUD 43.6 k worth of Iltani was traded.
Market Capitalisation
Current market capitalisation: AUD 27.9 mn.
Historical Performance
Since the end of last month, the share price has fallen 25.51 %.
200‑day simple moving average: AUD 0.46.
52‑week high: AUD 0.73 (23 January 2026).
52‑week low: AUD 0.31 (15 October 2026).
Contextual Stock Movements
| Stock | 24‑hour change | Current price | Market cap (AUD mn) | Recent headline |
|---|---|---|---|---|
| Argent Minerals (ARD.AX) | +2.56 % | 0.02 | 33.2 | – |
| Od6 Metals (OD6.AX) | –1.10 % | 0.09 | 33.5 | Encouraging reconnaissance at Quinn Fluorspar Project, Nevada. |
| Lachlan Star (LSA.AX) | –2.25 % | 0.09 | 33.1 | – |
| Global (DGR.AX) | 0 % | 0.03 | 33.4 | – |
| Green360 Technologies (GT3.AX) | 0 % | 0.02 | 33.1 | Progress in MKX commercial sales and supply agreements. |
Od6 Metals has highlighted the potential for a hub‑and‑spoke development model in Nevada, while Green360 Technologies reports significant milestones in its MKX product line, including binding supply agreements with Holcim Australia and Eifers Civil.
Strategic Outlook
Iltani’s latest trial underscores its capability to efficiently separate high‑value base metals from its Orient deposit. By confirming recovery rates through metallurgical testing, the company is poised to optimise its ore‑processing strategy, potentially unlocking higher economic returns. The focus on AI‑driven sorting aligns with industry trends towards automation and precision in mineral processing, positioning Iltani as a forward‑looking player in the Queensland mining sector.
As the company advances its metallurgical programme, investors can anticipate clearer guidance on the technical and economic viability of the Orient project, which could influence future capital allocation and share performance.