Indiana Resources (ASX:IDA) said assay results from reverse circulation drilling at the Minos gold prospect at its Gawler Craton project in South Australia confirmed high-grade gold intercepts, according to a Thursday filing with the Australian bourse.

The gold intercepts include 10 meters at 4.95 grams per tonne of gold at a depth of 112 meters, including 1 meter at 27.8 g/t of gold from 114 meters. It also reported an intercept of 8 meters at 6.76 g/t of gold from a depth of 174 meters, including 1 meter at 45.8 g/t of gold from 174 meters.

A reverse circulation drilling program, including 28 holes for 5,147 meters, was conducted at the prospect during October 2024 and November 2024. A diamond drilling program of about 1,300 meters began in December 2024 and resumed in January. The diamond drilling program will extend seven of the 28 reverse circulation holes, the filing said.