Indiana Resources Limited · ASX:IDA
Indiana Resources — 121 Conference (March 2022)
15 slides from Indiana Resources's conference presentation, Mar 22, 2022
Slide 1: High-Grade Gold, Gawler Craton, South Australia
For personal use only High-Grade Gold Gawler Craton South Australia March 2022 Investor Presentation – 121 Conference
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Indiana Resources Limited (Indiana). No party other than Indiana that such information or statements will prove to be accurate and actual results and future events could differ has authorised or caused the issue of this document
Slide 3: Corporate Snapshot
Corporate Snapshot Indiana Resources (ASX:IDA) For personal use only Corporate 439,510,821 51,200,000 ~A$27M A$0.051 - $0.095 A$2.2m Structure Shares on Issue Options on Issue Market Cap 52 week low-high Cash 21 Mar 2022 (A$0.059) As of 31 Dec 2021 Board & Management Shareholder Distribution Bronwyn
Slide 4: Investment Highlights
Investment Highlights 5,713km² District Scale Ground Position in the Central Gawler Craton For personal use only 1. Multiple advanced and early-stage targets proximal to existing gold mines and major gold discoveries 2. Early exploration success demonstrates ‘district scale’ potential of the Lake La
Slide 5: Portfolio Summary
Portfolio Summary High-Grade gold targets in an under-explored province For personal use only Indiana Resources ASX:IDA 5
Slide 6: Large Strategic Ground Position
Large Strategic Ground Position Exciting proven but under-explored gold province For personal use only • 5,713km2 with tightly held surrounding tenure • Proximal to existing gold mines and major gold discoveries • Tunkillia Gold Project (965,000 ounce resource1) adjoins the southern edge of the tene
Slide 7: Under-explored tenement package
Under-explored tenement package Sparse, historic drilling highlights significant exploration upside1 For personal use only • Prospective but under-explored • Pipeline of drill ready targets, including: • 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
Slide 8: Lake Labyrinth Shear Zone
Lake Labyrinth Shear Zone Fertile structure with 50km strike, under-explored For personal use only Indiana key exploration outcomes 2021 • +12,000m of RC and Diamond drilling • 4,500m Aircore drilling • Heritage survey over portions of the LLSZ • Calcrete sampling Initial drilling at Minos and Ariad
Slide 9: Minos Drilling Highlights
Minos Drilling Highlights 49 RC/DD drillholes completed for 7,953m 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 16m @ 13.12g/t Au • 20m
Slide 10: Minos Gold Mineralisation
Minos Gold Mineralisation Strong, coherent zones of gold mineralisation For personal use only ASX:IDA 10
Slide 11: Ariadne Drilling Highlights
Ariadne Drilling Highlights 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 • 10m @ 2.24 g/t Au from 9m including 1m @ 13.4 g/t Au • 5m @ 3.59 g/t Au from 49m • 9m @ 2.61 g/t Au fro
Slide 12: Harris Greenstone Domain
Harris Greenstone Domain Historic drilling highlights significant exploration upside1 For personal use only • Prospective Archaean greenstone belts • Native Title Agreement registered March ‘22 • 120km interpreted strike length of greenstone belt within • Technical review underway to refine and prio
Slide 13: AU$127m Compensation Claim
AU$127m Compensation Claim United Republic of Tanzania – International Centre for Settlement of Investment Disputes For personal use only • AU$127m compensation claim against Tanzania for illegal expropriation of Ntaka Hill Nickel Project • Arbitration commenced April 2021 – scheduled to complete Fe
Slide 14: Near Term Work Plans
Near Term Work Plans Aggressive exploration strategy to drive value creation in 2022 For personal use only • Multiple drilling programmes planned for South Australian gold portfolio in 2022 starting with further RC drilling at Minos in Q2 2022 • Upcoming RC drill programme at Minos to include 15 dri
Slide 15: 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 ASX:IDA