ILT: 2026 Annual Report to Shareholders
Original announcement by asx on
- Company
- Iltani Resources Limited
- Ticker
- ILT
- Exchange
- ASX
- Region
- Northern Queensland
- Primary commodity
- Silver
- Secondary commodities
- Indium, Lead, Zinc
- Document categories
- Resource update, Capital raise, Agreement transaction
- Extracted
- 2026-09-29 14:39:28 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Iltani Resources Limited reported a transformational year in its 2026 Annual Report, highlighted by the maiden JORC compliant Mineral Resource Estimates for its Orient Silver-Indium Project. The combined MRE stands at 62.5Mt at 82 g/t Ag Eq., confirming it as Australia’s largest known silver-indium deposit. The company also secured an A$8 million investment from the Queensland Investment Corporation, comprising non-dilutive funding and an equity placement, and progressed its largest drilling program to date.
Reasoning: Iltani Resources Limited delivered significant maiden JORC compliant Mineral Resource Estimates for its Orient Silver-Indium Project, establishing it as a major deposit, and secured substantial funding to advance its development, demonstrating strong progress and future potential.
Positive factors
- Maiden JORC compliant Mineral Resource Estimates for the Orient Silver-Indium Project
- Significant contained metal reported across silver, indium, lead, and zinc
- Project confirmed as Australia's largest known silver-indium deposit
- Substantial A$8 million investment secured from Queensland Investment Corporation (QIC), including non-dilutive funding
- Strategic focus on critical minerals and ongoing drilling to upgrade resources
- Qualified Person (QP) / Competent Person (CP) sign-off on MREs
- Metal equivalent assumptions are clearly disclosed
Negative factors
- MREs still contain a significant inferred component, indicating early stage of resource definition
- No specific drill-hole intercepts were provided in this annual report, only a summary of drilling activity
- Exploration Target is conceptual in nature and does not constitute a Mineral Resource
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 32
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The document explicitly states the release of initial Mineral Resource Estimates for Orient West and Orient East, which are the first formal MREs for these projects.
Evidence · text
“In July 2025, we announced the maiden JORC compliant Mineral Resource Estimate (MRE) for Orient West... This was followed in October 2025 by the maiden Orient East MRE”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: The Mineral Resource Estimates for Orient West, Orient East, and the combined Orient Project are all stated to be JORC compliant.
Evidence · text
“maiden JORC compliant Mineral Resource Estimate (MRE) for Orient West”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The 'Competent Persons Statement' section names Mr Louis Cohalan, Mr Stuart Hutchin, and Mr Erik Norum as Competent Persons responsible for the MREs and Exploration Results.
Evidence · text
“The information in this report that relates to the Orient Mineral Resource Estimates is based on information compiled by Mr Louis Cohalan who is a member of The Australasian Institute of Geologists (AIG), and is a full time employee of Mining One Consultants, and who has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activities being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves’ (JORC Code).”
Contained Metal Growthpositive
True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
Why it applies: The document reports the initial contained metal for the Orient Project, including 46 million ounces of silver, 341,000 tonnes of lead, 421,000 tonnes of zinc and 725 tonnes of indium, establishing a significant new resource base.
Evidence · text
“The MRE contains an estimated 46 million ounces of silver, 341,000 tonnes of lead, 421,000 tonnes of zinc and 725 tonnes of indium, confirming Orient as the largest known silver-indium deposit in Australia.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The Mineral Resource Estimates are reported with a clear cut-off grade of 30 g/t Ag Eq.
Evidence · text
“Combined, the Orient MRE stands at 62.5Mt at 82 g/t Ag Eq. (30 g/t Ag Eq. cut-off).”
Metal Equivalent Opaquenegative · Story-specific tag
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: The metal equivalent calculation formula, recoveries, and commodity prices used are explicitly detailed in Table 7 and accompanying text.
Evidence · text
“The equivalent silver formula is Ag Eq. = Ag + (Pb x 35.5) + (Zn x 50.2) + (In x 0.47)”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the combined Orient MRE (23.7 Mt) is classified as Inferred, indicating lower geological confidence.
Evidence · table
“23.7”
Context: Inferred
Extracted facts
Stored fact records: 32. Some facts used in scoring do not have a stored record.
Resource Estimates (32)
indicatedOrient Silver-Indium Project · silverTonnes: 14200000Grade: 29Grade Unit: g/tContained Metal: 13.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:f367450c21edf665e052
- Deposit or zone
- Orient East
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 29
- Grade Unit
- g/t
- Contained Metal
- 13.1
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for silver at Orient East, contributing significantly to the overall project's scale and confidence, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained silver in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“29”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · indiumTonnes: 14200000Grade: 5Grade Unit: g/tContained Metal: 71Contained Unit: tView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- indium
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:f367450c21edf665e052
- Deposit or zone
- Orient East
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 5
- Grade Unit
- g/t
- Contained Metal
- 71
- Contained Unit
- t
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for indium at Orient East, contributing significantly to the overall project's critical minerals potential, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained indium in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“5”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · leadTonnes: 14200000Grade: 0.73Grade Unit: %Contained Metal: 104Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:f367450c21edf665e052
- Deposit or zone
- Orient East
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 0.73
- Grade Unit
- %
- Contained Metal
- 104
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for lead at Orient East, contributing significantly to the overall project's base metal potential, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained lead in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“0.73”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · zincTonnes: 14200000Grade: 0.78Grade Unit: %Contained Metal: 110Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:f367450c21edf665e052
- Deposit or zone
- Orient East
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Grade
- 0.78
- Grade Unit
- %
- Contained Metal
- 110
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for zinc at Orient East, contributing significantly to the overall project's base metal potential, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained zinc in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“0.78”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · silverTonnes: 14200000Contained Metal: 43.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:f367450c21edf665e052
- Deposit or zone
- Orient East
Resource Data
- Category
- indicated
- Tonnes
- 14200000
- Contained Metal
- 43.9
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Metal Eq. Grade
- 96
- Metal Eq. Unit
- g/t Ag Eq.
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for silver equivalent at Orient East, contributing significantly to the overall project's scale and confidence, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained silver equivalent in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“96.0”
Context: 14.2
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · silverTonnes: 5600000Grade: 31Grade Unit: g/tContained Metal: 5.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:69cf97be2ff1288e8e19
- Deposit or zone
- Orient East
Resource Data
- Category
- inferred
- Tonnes
- 5600000
- Grade
- 31
- Grade Unit
- g/t
- Contained Metal
- 5.6
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for silver at Orient East, adding to the project's overall potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained silver in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“31”
Context: 5.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · indiumTonnes: 5600000Grade: 10.6Grade Unit: g/tContained Metal: 60Contained Unit: tView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- indium
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:69cf97be2ff1288e8e19
- Deposit or zone
- Orient East
Resource Data
- Category
- inferred
- Tonnes
- 5600000
- Grade
- 10.6
- Grade Unit
- g/t
- Contained Metal
- 60
- Contained Unit
- t
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for indium at Orient East, adding to the project's critical minerals potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained indium in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“10.6”
Context: 5.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · leadTonnes: 5600000Grade: 0.79Grade Unit: %Contained Metal: 44Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:69cf97be2ff1288e8e19
- Deposit or zone
- Orient East
Resource Data
- Category
- inferred
- Tonnes
- 5600000
- Grade
- 0.79
- Grade Unit
- %
- Contained Metal
- 44
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for lead at Orient East, adding to the project's base metal potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained lead in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“0.79”
Context: 5.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · zincTonnes: 5600000Grade: 0.77Grade Unit: %Contained Metal: 44Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:69cf97be2ff1288e8e19
- Deposit or zone
- Orient East
Resource Data
- Category
- inferred
- Tonnes
- 5600000
- Grade
- 0.77
- Grade Unit
- %
- Contained Metal
- 44
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for zinc at Orient East, adding to the project's base metal potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained zinc in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“0.77”
Context: 5.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · silverTonnes: 5600000Contained Metal: 18.6Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:69cf97be2ff1288e8e19
- Deposit or zone
- Orient East
Resource Data
- Category
- inferred
- Tonnes
- 5600000
- Contained Metal
- 18.6
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Metal Eq. Grade
- 103
- Metal Eq. Unit
- g/t Ag Eq.
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for silver equivalent at Orient East, adding to the project's overall potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient East
- Significant contained silver equivalent in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“103.0”
Context: 5.6
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · silverTonnes: 24600000Grade: 19.8Grade Unit: g/tContained Metal: 15.7Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:d710ed3e282a750a90c1
- Deposit or zone
- Orient West
Resource Data
- Category
- indicated
- Tonnes
- 24600000
- Grade
- 19.8
- Grade Unit
- g/t
- Contained Metal
- 15.7
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for silver at Orient West, contributing significantly to the overall project's scale and confidence, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained silver in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“19.8”
Context: 24.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · indiumTonnes: 24600000Grade: 14.2Grade Unit: g/tContained Metal: 349Contained Unit: tView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- indium
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:d710ed3e282a750a90c1
- Deposit or zone
- Orient West
Resource Data
- Category
- indicated
- Tonnes
- 24600000
- Grade
- 14.2
- Grade Unit
- g/t
- Contained Metal
- 349
- Contained Unit
- t
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for indium at Orient West, contributing significantly to the overall project's critical minerals potential, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained indium in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“14.2”
Context: 24.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · leadTonnes: 24600000Grade: 0.44Grade Unit: %Contained Metal: 109Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:d710ed3e282a750a90c1
- Deposit or zone
- Orient West
Resource Data
- Category
- indicated
- Tonnes
- 24600000
- Grade
- 0.44
- Grade Unit
- %
- Contained Metal
- 109
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for lead at Orient West, contributing significantly to the overall project's base metal potential, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained lead in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“0.44”
Context: 24.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · zincTonnes: 24600000Grade: 0.62Grade Unit: %Contained Metal: 152Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:d710ed3e282a750a90c1
- Deposit or zone
- Orient West
Resource Data
- Category
- indicated
- Tonnes
- 24600000
- Grade
- 0.62
- Grade Unit
- %
- Contained Metal
- 152
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for zinc at Orient West, contributing significantly to the overall project's base metal potential, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained zinc in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“0.62”
Context: 24.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · silverTonnes: 24600000Contained Metal: 58Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:d710ed3e282a750a90c1
- Deposit or zone
- Orient West
Resource Data
- Category
- indicated
- Tonnes
- 24600000
- Contained Metal
- 58
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Metal Eq. Grade
- 73.4
- Metal Eq. Unit
- g/t Ag Eq.
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for silver equivalent at Orient West, contributing significantly to the overall project's scale and confidence, with transparent reporting.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained silver equivalent in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“73.4”
Context: 24.6
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · silverTonnes: 18100000Grade: 19.6Grade Unit: g/tContained Metal: 11.4Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:584fa01f77b239eb3331
- Deposit or zone
- Orient West
Resource Data
- Category
- inferred
- Tonnes
- 18100000
- Grade
- 19.6
- Grade Unit
- g/t
- Contained Metal
- 11.4
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for silver at Orient West, adding to the project's overall potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained silver in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“19.6”
Context: 18.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · indiumTonnes: 18100000Grade: 13.6Grade Unit: g/tContained Metal: 245Contained Unit: tView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- indium
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:584fa01f77b239eb3331
- Deposit or zone
- Orient West
Resource Data
- Category
- inferred
- Tonnes
- 18100000
- Grade
- 13.6
- Grade Unit
- g/t
- Contained Metal
- 245
- Contained Unit
- t
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for indium at Orient West, adding to the project's critical minerals potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained indium in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“13.6”
Context: 18.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · leadTonnes: 18100000Grade: 0.47Grade Unit: %Contained Metal: 85Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:584fa01f77b239eb3331
- Deposit or zone
- Orient West
Resource Data
- Category
- inferred
- Tonnes
- 18100000
- Grade
- 0.47
- Grade Unit
- %
- Contained Metal
- 85
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for lead at Orient West, adding to the project's base metal potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained lead in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“0.47”
Context: 18.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · zincTonnes: 18100000Grade: 0.63Grade Unit: %Contained Metal: 115Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:584fa01f77b239eb3331
- Deposit or zone
- Orient West
Resource Data
- Category
- inferred
- Tonnes
- 18100000
- Grade
- 0.63
- Grade Unit
- %
- Contained Metal
- 115
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for zinc at Orient West, adding to the project's base metal potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained zinc in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“0.63”
Context: 18.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · silverTonnes: 18100000Contained Metal: 43.3Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:584fa01f77b239eb3331
- Deposit or zone
- Orient West
Resource Data
- Category
- inferred
- Tonnes
- 18100000
- Contained Metal
- 43.3
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-07-31
Metal Equivalent
- Metal Eq. Grade
- 74.5
- Metal Eq. Unit
- g/t Ag Eq.
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for silver equivalent at Orient West, adding to the project's overall potential but with lower confidence than indicated resources.
Positive factors
- Maiden JORC compliant resource for Orient West
- Significant contained silver equivalent in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“74.5”
Context: 18.1
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · silverTonnes: 38800000Grade: 23.2Grade Unit: g/tContained Metal: 28.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:4c09cdb2b6108c2c8fb8
- Deposit or zone
- Orient Project
Resource Data
- Category
- indicated
- Tonnes
- 38800000
- Grade
- 23.2
- Grade Unit
- g/t
- Contained Metal
- 28.9
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for silver for the combined Orient Project, establishing a substantial resource base with transparent reporting.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained silver in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“23.2”
Context: 38.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · indiumTonnes: 38800000Grade: 10.8Grade Unit: g/tContained Metal: 420Contained Unit: tView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- indium
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:4c09cdb2b6108c2c8fb8
- Deposit or zone
- Orient Project
Resource Data
- Category
- indicated
- Tonnes
- 38800000
- Grade
- 10.8
- Grade Unit
- g/t
- Contained Metal
- 420
- Contained Unit
- t
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for indium for the combined Orient Project, establishing a substantial critical minerals resource base with transparent reporting.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained indium in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“10.8”
Context: 38.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · leadTonnes: 38800000Grade: 0.55Grade Unit: %Contained Metal: 212Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:4c09cdb2b6108c2c8fb8
- Deposit or zone
- Orient Project
Resource Data
- Category
- indicated
- Tonnes
- 38800000
- Grade
- 0.55
- Grade Unit
- %
- Contained Metal
- 212
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for lead for the combined Orient Project, establishing a substantial base metal resource base with transparent reporting.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained lead in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“0.55”
Context: 38.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · zincTonnes: 38800000Grade: 0.68Grade Unit: %Contained Metal: 263Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:4c09cdb2b6108c2c8fb8
- Deposit or zone
- Orient Project
Resource Data
- Category
- indicated
- Tonnes
- 38800000
- Grade
- 0.68
- Grade Unit
- %
- Contained Metal
- 263
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for zinc for the combined Orient Project, establishing a substantial base metal resource base with transparent reporting.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained zinc in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“0.68”
Context: 38.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedOrient Silver-Indium Project · silverTonnes: 38800000Contained Metal: 101.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:4c09cdb2b6108c2c8fb8
- Deposit or zone
- Orient Project
Resource Data
- Category
- indicated
- Tonnes
- 38800000
- Contained Metal
- 101.9
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Metal Eq. Grade
- 81.7
- Metal Eq. Unit
- g/t Ag Eq.
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden indicated resource for silver equivalent for the combined Orient Project, establishing a substantial resource base with transparent reporting.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained silver equivalent in the indicated category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Evidence · table
“81.7”
Context: 38.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · silverTonnes: 23700000Grade: 22.3Grade Unit: g/tContained Metal: 17Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:bc2d8981ca3e21c9be12
- Deposit or zone
- Orient Project
Resource Data
- Category
- inferred
- Tonnes
- 23700000
- Grade
- 22.3
- Grade Unit
- g/t
- Contained Metal
- 17
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for silver for the combined Orient Project, adding to the overall resource potential but with lower confidence.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained silver in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“22.3”
Context: 23.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · indiumTonnes: 23700000Grade: 12.9Grade Unit: g/tContained Metal: 306Contained Unit: tView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- indium
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:bc2d8981ca3e21c9be12
- Deposit or zone
- Orient Project
Resource Data
- Category
- inferred
- Tonnes
- 23700000
- Grade
- 12.9
- Grade Unit
- g/t
- Contained Metal
- 306
- Contained Unit
- t
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for indium for the combined Orient Project, adding to the overall critical minerals potential but with lower confidence.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained indium in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“12.9”
Context: 23.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · leadTonnes: 23700000Grade: 0.55Grade Unit: %Contained Metal: 129Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:bc2d8981ca3e21c9be12
- Deposit or zone
- Orient Project
Resource Data
- Category
- inferred
- Tonnes
- 23700000
- Grade
- 0.55
- Grade Unit
- %
- Contained Metal
- 129
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for lead for the combined Orient Project, adding to the overall base metal potential but with lower confidence.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained lead in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“0.55”
Context: 23.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · zincTonnes: 23700000Grade: 0.66Grade Unit: %Contained Metal: 157Contained Unit: ktView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:bc2d8981ca3e21c9be12
- Deposit or zone
- Orient Project
Resource Data
- Category
- inferred
- Tonnes
- 23700000
- Grade
- 0.66
- Grade Unit
- %
- Contained Metal
- 157
- Contained Unit
- kt
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for zinc for the combined Orient Project, adding to the overall base metal potential but with lower confidence.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained zinc in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“0.66”
Context: 23.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
inferredOrient Silver-Indium Project · silverTonnes: 23700000Contained Metal: 61.9Contained Unit: mozView all detailsHide details
Identity
- Project
- Orient Silver-Indium Project
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Mr Louis Cohalan, Mr Stuart Hutchin, Mr Erik Norum
- Resource group id
- resource:bc2d8981ca3e21c9be12
- Deposit or zone
- Orient Project
Resource Data
- Category
- inferred
- Tonnes
- 23700000
- Contained Metal
- 61.9
- Contained Unit
- moz
- Cutoff Grade
- 30
- Cutoff Unit
- g/t Ag Eq.
Prior Estimate
- Resource Date
- 2025-10-30
Metal Equivalent
- Metal Eq. Grade
- 81.2
- Metal Eq. Unit
- g/t Ag Eq.
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: This is a maiden inferred resource for silver equivalent for the combined Orient Project, adding to the overall resource potential but with lower confidence.
Positive factors
- Maiden JORC compliant resource for the combined Orient Project
- Significant contained silver equivalent in the inferred category
- QP/CP signed off on the estimate
- Cut-off grade and metal equivalent assumptions disclosed
Negative factors
- Resource is in the inferred category, indicating lower geological confidence
Evidence · table
“81.2”
Context: 23.7
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Fact 31View all detailsHide details
Identity
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Reporting standards
- jorc
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The A$2 million equity investment from QIC at A$0.37 per share provides significant capital for project development and signals strong institutional confidence in the Orient Silver-Indium Project.
Positive factors
- Significant equity investment from a strategic investor (QIC)
- Funds dedicated to advancing the Orient Silver-Indium Project
- Investment at a premium to the share price at the start of the financial year ($0.23)
Evidence · text
“On 15 October 2025 the Company announced that the QIC Critical Minerals and Battery Technology fund (QCMBTF) has agreed to advance development of the Orient Silver-indium Project located near Herberton in Northern Queensland. QCMBTF agreed to pay the Company $6.0M in upfront, non-dilutive funding tied to royalties based on future production sales and an equity investment of $2.0M, subject to shareholder approval. Shareholder approval was granted at the Company's 2025 Annual General Meeting held on 27 November 2025 and the investment of $2.0M in equity and payment of $6.0M were completed on 11 December 2025. The Company issued 5,405,405 fully paid ordinary shares relating to the $2.0M investment on 11 December 2025”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
Fact 32View all detailsHide details
Identity
- Region
- australia_qld
- Reported Region
- Northern Queensland
- Ticker
- ILT
Resource scope
- Reporting standards
- jorc
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: The sale of non-core Tasmanian exploration licences for A$150,000 in cash provides additional capital and allows the company to concentrate resources on its core Orient Project.
Positive factors
- Sale of non-core assets generates cash for the company
- Allows for sharpened focus on the primary Orient Project
Evidence · text
“Sold two exploration licences in Tasmania (EL6/2024 and EL33/2022) to G11 Resources for $150,000 in cash.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.