Level 1

18 Kings Park Road

West Perth WA 6005

Telephone: +61-8 9327 7444

Facsimile: +61-8 9327 7499

1 December 2014
ASX Market Announcements
ASX Limited
Level 4
20 Bridge Street
SYDNEY
NSW 2000
Dear Sir/Madam

SURDA MINE UPDATE

India Resources Limited (IRL) has been advised that the verdict in the matter of the Mining Lease renewal for the Surda mine has been pronounced by the High Court of Jharkhand. The Court has directed Hindustan Copper Limited (HCL) to obtain the necessary environmental clearance for the Surda mine, after which it has given the State of Jharkhand two weeks to progress the renewal of the
Surda mining lease.
The Court has confirmed that the existing forest clearance will remain operative
until 2018 subject to the environmental clearance being obtained.
The process of obtaining Environmental Clearance may potentially take several months (anywhere
from 3 to
12 months). HCL has already undertaken the majority of this work before
the expiry of
mining lease on 14 June 2014.
IRL will be undertaking discussions with HCL to determine how to
substantially reduce
the IRL workforce, and to agree
upon the
compensation IRL will be paid to
continue its care and maintenance work for the mine pending the re-opening of the mine.
The Company will keep shareholders informed of developments as they occur.
Yours faithfully

Arvind Misra

Managing Director

For more information contact:

Andrew Simpson
Chairman
Telephone: +618 9450 8822
Mobile: +618 (0)419 955 878
Arvind Misra Managing Director Telephone: +618 9327 7444
Mobile: +618 (0)417 934 998
Visit: www.indiaresources.com.au