India Resources Limited

Published : December 02nd, 2014

Surda mine update

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Surda mine update

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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

Read the rest of the article at www.noodls.com
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India Resources Limited

PRODUCER
CODE : IRL.AX
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India Res. is a zinc and lead producing company based in Australia.

India Res. produces zinc, lead, copper in India.

Its main asset in production is SURDA in India and its main exploration properties are DHAWAR PROJECT, BUNDELKHAND PROJECT, BIHARINATH, ARAVALLI PROJECT, BHANDARA DIAMOND PROJECT and ASKOT MINE in India.

India Res. is listed in Australia. Its market capitalisation is AU$ 2.0 millions as of today (US$ 1.3 millions, € 1.2 millions).

Its stock quote reached its highest recent level on November 05, 2010 at AU$ 0.03, and its lowest recent point on June 10, 2016 at AU$ 0.00.

India Res. has 1 000 590 016 shares outstanding.

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Annual reports of India Resources Limited
Annual Report 2007
Project news of India Resources Limited
12/2/2014Surda mine update
6/10/2008(Surda)Surda Delivers Record Daily Copper Production
Corporate news of India Resources Limited
5/17/2016Quarterly Activities and Cash Flow Report
12/22/2015AGM Presentation
12/22/2015Results of Annual General Meeting
12/22/2015Successful appeal to Indian Tax Assessment
11/2/2015Notice of Annual General Meeting
11/2/2015Appendix 4G Corporate Governance Disclosure
4/11/2015Surda expension project
3/21/2015Half Year Accounts
3/9/2015Shareholder Update
12/26/2014Aravalli Decision
12/2/2014Results of annual general meeting 2014
10/30/2014Quarterly activities report 30 September 2014
10/30/2014Notice of annual general meeting
4/21/2010Quarterly report
11/26/2008Surda Copper Operation - Update
10/1/2008Announces 2008 Results
9/5/2008Working Capital Facility and Project Update
6/25/2008Director Resignation
4/15/2008Secures Future Copper Production Base
2/11/2008boosts Board
1/15/2008DISCOVERS NEW DIAMOND INDICATORS
1/8/2008First copper sales as Surda steams ahead
12/20/2007ACQUIRES STAKE IN INDIAN EXPLORER
12/4/2007BOOSTS DIAMOND PROSPECTS
11/2/2007 INTO COPPER PRODUCTION AHEAD OF SCHEDULE
10/9/2007RAISING $20 MILLION TO DOUBLE COPPER PRODUCTION
8/21/2007COMMENCES DRILLING NEW TARGETS
8/15/2007ACQUIRES DIAMOND LEASES
7/17/2007 To commence Production early 2008
6/6/2007Surda Operations Update
5/20/2007has closed its Initial Public Offer heavily oversubscribed
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AUSTRALIA (IRL.AX)
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