Indiana Resources Limited (AU:IDA) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Indiana Resources Limited has reported promising initial assay results from its recent RC drilling program at the Minos Prospect within its Central Gawler Craton Exploration Project in South Australia. The assays indicate potential extensions to the high-grade gold mineralization zone, with notable intersections like 8m at 8.90 g/t gold. These findings suggest significant progress towards developing a commercial gold mining operation, with further results and diamond drilling updates expected soon.
For further insights into AU:IDA stock, check out TipRanks’ Stock Analysis page.