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The latest announcement is out from Indiana Resources Limited ( (AU:IDA) ).
Indiana Resources Limited is making significant progress in its exploration and scoping study activities at the Minos gold deposit, part of its Gawler Craton Project in South Australia. The company has completed more than half of its scheduled reverse circulation drilling and is preparing for diamond drilling to explore deeper targets. These efforts are aimed at delivering a Maiden Resource Estimation and enhancing the understanding of the deposit’s potential. The ongoing scoping study is a critical step towards future gold mining operations, with geological re-logging and metallurgical test work underway to support resource estimation and gold recovery strategies.
More about Indiana Resources Limited
Indiana Resources Limited is a company involved in the exploration and development of mineral resources, primarily focusing on gold deposits. The company operates the Gawler Craton Project in South Australia, which is wholly owned and spans 5,713 square kilometers.
YTD Price Performance: 27.87%
Average Trading Volume: 914,711
Technical Sentiment Signal: Buy
Current Market Cap: A$51.42M
Find detailed analytics on IDA stock on TipRanks’ Stock Analysis page.