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Indiana Resources Limited (ASX:IDA)

ALERT: Price-sensitive ASX Announcement for IDA
Current share price for IDA : $0.022 -0.003 (-12%)+
Announcement
Release
11 Jun 2026 8:19AM
Price at Release
$0.025
Full Release
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Summary
Indiana Resources Limited has identified a significant gold anomaly at the Ealbara Prospect in its Gawler Craton Project, South Australia. The anomaly spans 7 kilometers and is situated in a demagnetised structural zone near the Lake Labyrinth Shear Zone. Initial analyses suggest the anomaly is sourced from bedrock mineralisation. The company plans to conduct drilling after heritage clearances and continues to negotiate with Traditional Owner Groups to expand exploration access.
Key Points
  • Indiana Resources Limited has identified a 7 km gold anomaly at Ealbara.
  • The anomaly is located in a structurally favourable setting for gold mineralisation.
  • Ealbara is part of the Gawler Craton Project in South Australia.
  • Plans are in place for heritage clearance activities before drilling commences.
  • The gold values range from 10ppb to 69ppb along granite and volcanic contact.
  • Negotiations with Traditional Owner Groups are progressing to enhance exploration access.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.