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Indiana Resources Limited ( (AU:IDA) ) just unveiled an update.
Indiana Resources Limited has commenced a new drilling campaign at its Minos gold deposit, aiming to expand the scale of high-grade gold extensions. The program involves reverse circulation drilling of 27 holes over approximately 6,600 meters, with plans to continue drilling through August 2025. The company is leveraging the current strong gold price and is well-funded to complete these programs, indicating a positive outlook for stakeholders as they anticipate a steady flow of results.
More about Indiana Resources Limited
Indiana Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold deposits. The company is primarily engaged in activities within its 100% owned Gawler Craton Project in South Australia, targeting high-grade gold resources.
YTD Price Performance: 26.23%
Average Trading Volume: 1,098,679
Technical Sentiment Signal: Buy
Current Market Cap: A$49.49M
For an in-depth examination of IDA stock, go to TipRanks’ Stock Analysis page.