Indiana Resources Limited · ASX:IDA
Indiana Resources — Investor Presentation (October 2018)
16 slides from Indiana Resources's investor presentation, Oct 17, 2018
Slide 1: A Growing Gold Focus in Mali
For personal use only A Growing Gold Focus in Mali CORPORATE PRESENTATION OCTOBER 2018
Slide 2: Disclaimer and Competent Persons' Statements
For personal use only DISCLAIMER AND COMPETENT PERSONS’ STATEMENTS This presentation (the “Presentation”) has been prepared by Indiana Resources Limited (‘”Indiana”). No party other than Indiana has authorised or caused the issue of this document, or takes responsibility for, or makes any statements
Slide 3: A Strategic Focus on Mali and West Africa
For personal use only A STRATEGIC FOCUS ON MALI AND WEST AFRICA The Land of GIANTS ▪ 3rd in Gold endowment globally ▪ >10,000 metric tonnes of Gold discovered to date (Goldfarb, 2017) ▪ Geologically similar to WA – what works in WA works in West Africa ▪ Tropical and undercover regions are underexpl
Slide 4: Steadily Growing the Footprint
For personal use only STEADILY GROWING THE FOOTPRINT In the shadow of GIANTS ▪ February 2018 - Acquired Mukuyu Resources in all share deal ▪ Retained in-country team and assets ▪ Gained 2 licences; Koussikoto Ouest and Kenieko Nord ▪ August 2018 – Announced JV with CradleArc plc ▪ 2 further licences
Slide 5: Koussikoto JV – 75% IDA
For personal use only KOUSSIKOTO JV – 75% IDA Most geology under cover ▪ Artisanal mining focussed on outcropping central area (dark green) ▪ Eastern and western parts of licence have shallow cover ▪ Geophysics works well in this terrane ▪ Targeting structure and geophysical response using Induced P
Slide 6: Koussikoto Results
For personal use only KOUSSIKOTO RESULTS Step-out geophysics works well ▪ 2018 drilling delivered strong results ▪ 3900m Aircore - Highlights include1: – 18m @ 3.35 g/t Au – 4m @ 2.16 g/t Au – 5m @ 4.86 g/t Au – 8m @ 3.37 g/t Au Follow-up planned ▪ Follow-up drilling ▪ Ground consolidation 1. ASX an
Slide 7: Kossanto – Cradle Arc plc JV
For personal use only KOSSANTO – Cradle Arc plc JV A logical addition ▪ Total area of 137km2 contiguous with Indiana tenure ▪ JV signed September 2018 ▪ IDA to earn 65% by sole funding to PFS ▪ No minimum spend ▪ Majority of work to date has focussed on western half of licence ▪ Mineralised trend at
Slide 8: Kossanto – Cradle Arc plc JV
For personal use only KOSSANTO – Cradle Arc plc JV Significant mineralisation ▪ Historic results include1: – 15m @ 10.12 g/t Au, from 14m – 6m @ 7.84 g/t Au, from 24m – 10.2m @ 2.50 g/t Au, from 38.8m – 17m @ 1.69 g/t Au, from 34m Follow-up planned ▪ Gradient Array IP Geophysics ▪ Drilling planned f
Slide 9: Planned Work – Q4 2018
For personal use only PLANNED WORK – Q4 2018 Extending Geophysics Target Ground ▪ Targeting known mineralised trends ▪ Along strike from mineralised intercepts ▪ Extending coverage ▪ Allows for more coherent exploration ▪ Building confidence 9
Slide 10: Kenieko JV – 95% IDA
For personal use only KENIEKO JV – 95% IDA Drilling confirms anomalism ▪ 2018 Geochem shows 2km strike of anomalous Au in soil1 ▪ Access to drill sites restricted by artisanal activity – constrained to either end of major area of interest Follow-up planned ▪ Mapping ▪ Full geochemistry coverage ▪ Fo
Slide 11: Ntaka Hill – An Attractive Legacy
For personal use only NTAKA HILL – AN ATTRACTIVE LEGACY IDA confident of resolution ▪ Ntaka Hill was held under Retention Licence ▪ IDA plans to apply for Mining Licence ▪ Met test work and Resource modelling is planned ▪ Several parties interested in development options 2017 Scoping Study provides
Slide 12: The Indiana Footprint
For personal use only THE INDIANA FOOTPRINT CAPITAL STRUCTURE Tightly Held Share ASX CODE IDA Register ISSUED CAPITAL (SHARES) 95.7M Remainder Other of Top 20 MARKET CAPITALISATION A$5.3M 28% shareholders 33% CASH (30/06/2018) A$0.8M Top 3 Options Outstanding 5M shareholders 39% 12
Slide 13: The Potential Indiana Performance
For personal use only Share Price (A$) 0 0.1 0.2 0.3 0.4 0.5 0.6 Jan-15 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May-16 Jul-16 Sep-16 Nov-16 Date Jan-17 Mar-17 May-17 Performance FOOTPRINT Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 West African Resources - Historical Price Sep-18 Share
Slide 14: The Indiana Team
For personal use only THE INDIANA TEAM Chris van Wijk Bronwyn Barnes Chief Executive Officer Chair Chris is a qualified geologist with extensive Bronwyn has had an extensive career in the exploration experience across Africa. He has resources sector, having worked with a proven record in base and pr
Slide 15: Positioned for Growth
For personal use only POSITIONED FOR GROWTH Mali Gold Exposure Regional Growth ▪ Strategic ground position in a prolific gold ▪ Experienced West African team on the province ground ▪ Highly prospective land package with solid ▪ Several projects currently under evaluation results to date ▪ Endowment
Slide 16: An Exciting Future In Mali
For personal use only An Exciting Future In Mali C O N TA C T D E TA I L S Chris van Wijk Chief Executive Officer Suite 4, Level 1, 2 Richardson Street West Perth WA 6005 T: + 61 8 9388 7877 E: info@indianaresources.com.au 16
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