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Iltani gains QIC backing for 145-hole Orient drilling push

9:11am on Friday 2nd of October, 2026 AEST • Mining
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Iltani gains QIC backing for 145-hole Orient drilling push

9:11am on Friday 2nd of October, 2026 AEST
Key Points
  • $4.6 million placement at $0.39 per share, a 14.5% discount to the five-day VWAP
  • QIC’s Queensland Critical Minerals Fund investing $1.5 million and rising to a 10.1% undiluted stake
  • Investors receive one free $0.57 option for every two shares issued
  • 145-hole Orient Resource Extension Drilling Program to target the West NW Ridgeline and Link Zone
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