Indiana Resources (ASX:IDA) announces successful hydrometallurgical test work

Indiana Resources Limited (ASX:IDA) has reported a significant milestone in its Minos Rare Earth Element (REE) Project. The company has achieved a remarkable 90.5% Total Rare Earth Element (TREE) recovery, along with 87.8% Heavy Rare Earth Element (HREE) and 90.8% Light Rare Earth Element (LREE) recovery from initial sighter leach test work completed on clay hosted REE air core drilling samples from the Minos project. The test work has validated the REE potential of the 6km x 4.5km target area, with the company now planning follow-up hydrometallurgical test work and beneficiation optimisation test work.

Executive Chair Bronwyn Barnes comments on the results

These latest results from Minos clearly demonstrate the strong REE potential of this project area in South Australia. Initial 'sighter' test work has focussed on beneficiation of the clay hosted REE at Minos and provided outstanding results. High recoveries of both TREO and MREO to a 4% TREO flotation concentrate is particularly encouraging. We look forward to the next phase of hydrometallurgical test work which will focus on acid leaching of the concentrate. These results give the company the confidence to continue drilling to better define the size potential of our 6km X 4.5 km REE target which remains open in all directions. A further announcement will be made once all remaining test work results have been received.

Summary of Indiana Resources' rare earth project progress

Indiana Resources Limited has successfully validated the rare earth potential of its Minos project through hydrometallurgical test work, achieving impressive recovery rates. The company's focus on beneficiation and leaching of selected clay hosted REE air core samples has yielded outstanding results, providing confidence in the project's potential. With the target area open in all directions and further drilling planned to define its size potential, Indiana Resources is poised for continued progress in its rare earth exploration. The upcoming hydrometallurgical test work and beneficiation optimisation test work are expected to further enhance the understanding of the project's prospects. Indiana's strategic positioning in the highly prospective Central Gawler Craton Province, along with its experienced management team, positions the company for further advancements in its rare earth, gold, and base metals exploration endeavors.