Indiana Resources Finds Gold Mineralization in South Australia Project

MT Newswires Live

2025/09/26

Indiana Resources (ASX:IDA) found gold mineralization during a recent drilling at its Minos gold project in South Australia, according to a Friday Australian bourse filing.

The results were up to 21 meters at 2.31 grams per tonne grade of gold from 115 meters, including eight meters at 4.67 g/t gold from 128 meters.

The company said it remains well-funded with AU$37 million in cash, as at the end of the June Quarter, to advance current and planned exploration campaigns

The company said that the next phase of 5,000-meter aircore drilling, to test multiple gold targets further along the Lake Labyrinth Shear of the project, will begin in early October.

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