Indiana Resources Limited · ASX:IDA
Indiana Resources — Investor Presentation (August 2022)
18 slides from Indiana Resources's investor presentation, Aug 11, 2022
Slide 1: Discovering The Gawler: REE, Gold & Base Metals
For personal use only Discovering The Gawler REE, Gold & Base Metals Investor Presentation August 2022
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Indiana Resources Limited (Indiana). No party other than Indiana has that such information or statements will prove to be accurate and actual results and future events could differ materially authorised or caused the issue of th
Slide 3: Corporate Snapshot
Corporate Snapshot Indiana Resources (ASX:IDA) For personal use only Corporate 479,804,819 53,282,353 ~A$31M A$0.047 - $0.074 A$2.3m Structure Shares on Issue Options on Issue Market Cap 52 week low-high Cash 10 August 2022 (A$0.064) As of 30 Jun 2022 Board & Management Shareholder Distribution Bron
Slide 4: Investment Highlights
Investment Highlights 5,713km² District Scale Ground Position in the Central Gawler Craton For personal use only Portfolio of REE, Gold and Base Metal Projects - 100% owned 1. Extensive land package – strategically located in tightly held region 2. High Grade Clay REE identified at Lake Labyrinth Sh
Slide 5: Gawler Craton Portfolio
Gawler Craton Portfolio Large ownership position in an under-explored province For personal use only 1 26.1MT @ 1.15g/t Au for 965,000oz Au (Indicated and Inferred); Refer to Barton Gold Prospectus BGD.ASX Release dated 25 June 2021 for full details of the Mineral Resource Estimate, Annexure D 2 0.3
Slide 6: Rare Earth Elements
Rare Earth Elements Initial assays identify high grade clay REE1 For personal use only First six drill holes return high grade results: • 48m @ 1,948ppm TREO from 20m including 16m @ 4,830ppm TREO from 24m including 4m @ 15,486ppm (1.55%) TREO from 28m 49m @ 720ppm TREO from 20m (LLAC015) includ
Slide 7: Lake Labyrinth Shear Zone
Lake Labyrinth Shear Zone REE Potential - 10km strike length identified to date For personal use only ASX:IDA 7
Slide 8: Gold – multiple drill ready targets
Gold – multiple drill ready targets Sparse, historic drilling highlights significant exploration upside1 For personal use only Pipeline of targets include: • Minos • Boomerang • 12m @ 10.36 g/t Au • 4m @ 5.44 g/t Au • 24m @ 2.18 g/t Au • 2.0m @ 10.5 g/t Au • 6m @ 12.37 g/t Au • Double Dutch • 12.5m
Slide 9: Lake Labyrinth Shear Zone
Lake Labyrinth Shear Zone Fertile gold structure with 50km strike, provides significant discovery potential For personal use only Initial drilling at Minos and Ariadne highlights potential for significant exploration upside • +14,000m of RC and DD, 4,500m AC drilling to date • Majority of LLSZ remai
Slide 10: Minos Drilling Highlights
Minos Drilling Highlights +600m strike extent 75 RC/DD drillholes completed for 11,204m For personal use only Results confirm geological interpretation Reinforces LLSZ is a significant gold bearing system1 • 21m @ 8.43g/t Au from 176m including 1m @ 159g/t Au • 35m @ 7.08g/t Au from 29m including 16
Slide 11: Emerging Ariadne Prospect
Emerging Ariadne Prospect 12 RC holes completed in October for 1,379m For personal use only Maiden RC programme focused on confirming the historical results and broadening exploration on LLSZ1 • Open to NW and SE • 10m @ 2.24 g/t Au from 9m including 1m @ 13.4 g/t Au • 5m @ 3.59 g/t Au from 49m • 9m
Slide 12: Harris Greenstone Domain
Harris Greenstone Domain Historic drilling highlights strong Au, Zn, Ni and Co potential1 For personal use only • Recent technical review highlights targets • Prospective Archaean greenstones • 120km interpreted strike length of greenstone belt within tenure • Native Title Agreement registered March
Slide 13: VMS Targets within Hopeful Hill Greenstone Belt
VMS Targets within Hopeful Hill Greenstone Belt Review highlighted potential for VMS Zn-Cu mineralisation1 For personal use only • Review completed by leading industry expert Dr Jon Hronsky AOM • $255k South Australian Government grant secured to advance VMS targets • Large-scale 17km zone of zinc a
Slide 14: US$93.7m Compensation Claim
US$93.7m Compensation Claim High potential for a fully de-risked return to shareholders For personal use only • US$93.7m compensation claim against United Republic of Tanzania over the Illegal expropriation of Ntaka Hill Nickel Project • Arbitration through the International Centre for Settlement of
Slide 15: Near Term Work Plans
Near Term Work Plans Aggressive exploration strategy to drive value creation in 2022 For personal use only Aug Sep Oct Nov Dec Jan Feb Assays for 72 holes pending – strong potential for REE Early September RC Drill program at Minos (gold) – 2,000m Late August AC drilling of REE in LLSZ Late Septembe
Slide 16: Contact
For personal use only Contact Executive Chair: Bronwyn Barnes Technical Director: Felicity Repacholi-Muir info@indianaresources.com.au www.indianaresources.com.au Suite 3, 339 Cambridge St Wembley WA 6014, Australia ASX:IDA
Slide 17: Rare Earth Mineralisation
For personal use only Rare Earth Mineralisation TREO and REO accumulation within LLSZ
Slide 18: Minos Gold Mineralisation
For personal use only Minos Gold Mineralisation Strong, coherent zones of gold mineralisation – open at depth
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