Indiana Resources Limited · ASX:IDA
Indiana Resources — Investor Presentation (July 2021)
13 slides from Indiana Resources's investor presentation, Jul 28, 2021
Slide 1: High-grade gold in South Australia's prolific Gawler Craton
For personal use only High-grade gold in South Australia’s prolific Gawler Craton Investor Presentation July 2021 ASX:IDA
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Indiana Resources Limited (Indiana). No party other than Indiana looking statements or constitute forward-looking information. Although the Company believes the expectations has authorised or caused the issue of this document, o
Slide 3: Corporate Snapshot
Corporate Snapshot Indiana Resources (ASX:IDA) For personal use only Corporate 319,745,847 180,007,733 ~A$22M A$0.037 - $0.110 A$1.3m Structure Shares on Issue Options on Issue Market Cap 52 week low-high Cash 26 July 2021 (A$0.07) Board & Management Major Shareholders Bronwyn Barnes Executive Chair
Slide 4: Investment Opportunity
Investment Opportunity Central Gawler Craton gold province For personal use only 5,090km2 District Scale Ground Position • Strategic holding in Central Gawler Gold Province • Located between Indiana Resources historic gold deposits at Tunkillia and Tarcoola • Multiple advanced to early stage targets
Slide 5: Large Strategic Ground Position
Large Strategic Ground Position Exciting underexplored gold province For personal use only • Tunkillia Gold Project (965,000 ounce resource1) adjoins the southern edge of the tenements • Historical mining centre of Tarcoola, adjoins the northern edge of the tenements (historic production and current
Slide 6: Stunning first-up gold results from Minos
Stunning first-up gold results from Minos For personal use only H1 RC drilling returns broad widths and high-grades from Minos*: • 21m @ 8.43 g/t Au from 176m • 22m @ 3.07 g/t Au from 125m • 38m @ 6.54 g/t Au from 29m • 19m @ 2.88 g/t Au from 78m • 26m @ 4.28 g/t Au from 68m Native title & heritage
Slide 7: Multiple projects with multiple targets
Multiple projects with multiple targets For personal use only Stunning high-grade gold results returned from recent programmes Native title & land access approvals underway for remainder of package Expanded exploration programme for second half of 2021 Priority targets: • Double Dutch • Earea Dam •
Slide 8: Minos Drilling Highlights
Minos Drilling Highlights 26 RC drill holes completed for 3,800m. 4,494m AC completed July 2021. Results due early August. For personal use only Significant results include*: 19m @ 2.88 g/t Au from 78m 21m @ 8.43 g/t Au from 176m 5m @ 24.35 g/t Au from 106m 38m @ 6.54 g/t Au from 29m 3m @ 18.33 g/t
Slide 9: Potential for further discoveries
Potential for further discoveries For personal use only Lake Labyrinth Shear Zone Underexplored • Previous exploration focussed on areas of outcrop and old- timers pits • Numerous targets to be tested by shallow Aircore drilling • Indiana holds 30km of strike within the LLSZ ASX:IDA 9
Slide 10: Minos - Ramp up of Exploration
Minos - Ramp up of Exploration April to June 2021 For personal use only 2,000m RC Drilling programme - completed Diamond Drilling (3 diamond tails – 615m) test depth extensions and extension to the west of the Minos prospect – completed 4,494m Air Core programme testing a 4km long corridor from west
Slide 11: AU$127m Compensation Claim Tanzanian Government
AU$127m Compensation Claim Tanzanian Government For personal use only • AU$127m compensation claim against the Government of Tanzania for illegal expropriation of Ntaka Hill Nickel Project • Indiana is major shareholder (~60%) and manager of joint venture • Request for Arbitration lodged with Intern
Slide 12: Why Invest?
Why Invest? For personal use only 5,090 km² highly prospective ground position in the Central Gawler Craton, South Australia Exceptional results from Minos – expanded programme for H2 2021 Native title and heritage surveys significantly progressed for remainder of tenement package Indiana to progres
Slide 13: Contact
For personal use only Contact Executive Chair: Bronwyn Barnes +61 417 093 256 info@indianaresources.com.au www.indianaresources.com.au Suite 3, 339 Cambridge St Wembley WA 6014 ASX:IDA
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