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HomeFinTechIndiana Resources: Completes RC drilling in South Australia

Indiana Resources: Completes RC drilling in South Australia

Indiana Resources Completes RC drilling in South Australia

  • Indiana Resources (IDA) completes reverse circulation (RC) drilling at the Minos and Ariadne prospects in South Australia
  • A total of 19 RC holes were drilled at both prospects and samples have been sent to the laboratory in Adelaide for analysis with results expected in four to six weeks
  • Seven holes were drilled at Minos to infill the existing holes and provide further geological information for the proposed resource estimate
  • The remaining 12 holes were drilled at Ariadne to further advance the geological understanding of the nature and geometry of the mineralised zone
  • Indiana ends the day 1.61 per cent in the green with shares trading at 6.3 cents
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