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Indiana Resources Extends High-Grade Gold Zones and Secures $71M Cash Position
4:51am on Monday 2nd of June, 2025 AEST
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Mining
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Indiana Resources Extends High-Grade Gold Zones and Secures $71M Cash Position
4:51am on Monday 2nd of June, 2025 AEST
Key Points
High-grade gold assays extend Minos Southwest Zone with peak 45.8 g/t Au
Diamond drilling extends Minos Main Zone depth from 200m to 380m
Consolidated cash position of AU$71 million following final US$30m Tanzania settlement payment
Capital return to shareholders proposed, pending Australian Tax Office ruling
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Indiana Resources (ASX:IDA)
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