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Indiana Resources Limited ( (AU:IDA) ) just unveiled an announcement.
Indiana Resources Limited has reported significant progress in its exploration activities at the Minos gold deposit in South Australia during the quarter ended December 2024. The company completed 28 Reverse Circulation drilling holes and commenced a 1,300m diamond drilling program to further explore gold mineralization. Significant high-grade gold intersections were discovered, including a new Southwestern Zone, enhancing the potential of the Minos prospect. The company’s robust cash position and strategic exploration efforts, including a comprehensive auger drilling program, underscore its commitment to advancing resource definition and expanding its gold exploration footprint.
More about Indiana Resources Limited
Indiana Resources Limited is a company focused on the exploration and development of mineral resources, particularly gold, in South Australia. The company is engaged in systematic exploration activities in the Gawler Craton region, aiming to define and expand its gold mineralization zones.
YTD Price Performance: 0%
Average Trading Volume: 555
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $27.96M
See more insights into IDA stock on TipRanks’ Stock Analysis page.
