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Indiana Resources (IDA) investor relations material
Indiana Resources Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Drilling at the Minos Gold Project extended high-grade gold mineralisation, with notable intercepts up to 71 g/t gold and significant results at depth, confirming the continuity of the gold structure.
Air-core drilling at Ariadne and Company Well prospects was completed, with assays pending; strong gold anomalies were confirmed by calcrete sampling.
A comprehensive settlement was reached with the United Republic of Tanzania, resolving all outstanding disputes and resulting in no further financial obligations.
Appointment of a new Head of Regional Exploration, Ms. Barbara Duggan, to drive the next phase of growth.
Financial highlights
Closing cash balance at 31 December 2025 was A$33.8 million, including USD12.26M preserved pending arbitration.
Payments for exploration and evaluation during the quarter totaled A$0.7 million; administrative and corporate costs were A$0.8 million.
Capital return of $0.05 per share paid to shareholders in August 2025, totaling A$32.2 million.
No adverse tax consequences for the company or shareholders from the capital return, as per ATO ruling.
Outlook and guidance
Preparation underway for follow-up RC drilling at Ariadne and Company Well, and further auger and air-core drilling.
Ongoing regional and near-Minos targeting to expand the project pipeline within the Gawler Craton.
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