Indiana Resources (IDA) investor relations material

Executive summary

• Completed 8 Company Well RC holes totaling 1,386m and 2 Minos holes totaling 378m; assays pending.

• Secured heritage clearance for drilling at Ealbara, where a 7km surface gold anomaly is defined; regional target prioritisation continues across the Gawler Craton.

• Quarter-end cash was A$27.614m; 18% of Tanzania settlement proceeds, currently US$13.052m, remains held pending arbitration.

Financial highlights

• Cash and cash equivalents were A$27.614m at 30 September 2026, versus A$30.073m at 30 June 2026.

• Operating cash outflow was A$1.310m; investing cash outflow was A$0.568m, including exploration and evaluation expenditure.

• Quarter expenditure included A$1.05m in legal costs, A$0.319m in administration and corporate costs, and A$0.207m in staff costs; interest received was A$0.270m.

• Cash declined by A$0.620m from exchange-rate movements; no financing cash flows were recorded in the quarterly cash flow statement.

Outlook and guidance

• Company Well and Minos assay results remain pending following completion of drilling and Minos metallurgical test-work holes.

• Regional targeting continues to build and prioritise the exploration pipeline; access negotiations are ongoing for additional areas, including Carne and Mariner.

• ACICA final hearing is scheduled to begin 14 December 2026 in Perth; an arbitral decision is expected in Q2 2027.