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Indiana Resources Limited ( (AU:IDA) ) has shared an announcement.
Indiana Resources Limited announced significant progress at their Minos Gold Prospect, with new high-grade gold intercepts discovered in the Southwest Zone. The recent Reverse Circulation drilling program has confirmed the continuity of gold mineralization along a 650-meter strike length, extending more than 200 meters below the surface. This development positions Indiana Resources favorably in the exploration sector, with plans for further drilling to establish a maiden resource. Supported by a strengthening gold price, the company anticipates a robust exploration period in 2025, aiming to build on these promising results.
More about Indiana Resources Limited
Indiana Resources Limited is an exploration company focused on the discovery and development of mineral resources, primarily gold, in their Gawler Craton project in South Australia. The company is listed on the Australian Securities Exchange under the code IDA.
YTD Price Performance: 0%
Average Trading Volume: 555
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.65M
See more insights into IDA stock on TipRanks’ Stock Analysis page.
