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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 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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