Indiana Resources Limited · ASX:IDA
Indiana Resources — Investor Presentation (May 2022)
15 slides from Indiana Resources's investor presentation, May 24, 2022
Slide 1: High-Grade Gold, Gawler Craton, South Australia
High-Grade Gold Gawler Craton South Australia May 2022 Investor Presentation – 121 Conference London
Slide 2: Disclaimer
Disclaimer 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, or takes responsibil
Slide 3: Corporate Snapshot
Corporate Snapshot Indiana Resources (ASX:IDA) Corporate 439,610,821 51,100,000 ~A$26M A$0.051 - $0.095 A$1.6m Structure Shares on Issue Options on Issue Market Cap 52 week low-high Cash 17 May 2022 (A$0.06) As of 31 Mar 2022 Board & Management Shareholder Distribution Bronwyn Barnes Executive Chair
Slide 4: Investment Highlights
Investment Highlights 5,713km² District Scale Ground Position in the Central Gawler Craton 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 Labyrinth Shear Zone whi
Slide 5: Gawler Craton Portfolio Summary
Gawler Craton Portfolio Summary High-Grade gold targets in an under-explored province ASX:IDA 5
Slide 6: Large Strategic Ground Position
Large Strategic Ground Position Exciting proven but under-explored gold province • 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 tenements • Historical min
Slide 7: Under-explored tenement package
Under-explored tenement package Sparse, historic drilling highlights significant exploration upside1 • 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 Au • 6m @ 12.37 g/t Au
Slide 8: Lake Labyrinth Shear Zone
Lake Labyrinth Shear Zone Fertile structure with 50km strike, under-explored Indiana key exploration outcomes 2021 & 2022 • +14,000m of RC and Diamond drilling • 4,500m Aircore drilling • Heritage survey over portions of the LLSZ • Calcrete sampling Initial drilling at Minos and Ariadne has demonstr
Slide 9: Minos Drilling Highlights
Minos Drilling Highlights 63 RC/DD drillholes completed for 9,825m 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 @ 7.31g/t Au from 186
Slide 10: Minos Gold Mineralisation
Minos Gold Mineralisation Strong, coherent zones of gold mineralisation ASX:IDA 10
Slide 11: Ariadne Drilling Highlights
Ariadne Drilling Highlights 12 RC holes completed in October for 1,379m 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 from 131m including 1m @
Slide 12: Harris Greenstone Domain
Harris Greenstone Domain Historic drilling highlights significant exploration upside1 • Prospective Archaean greenstone belts • Native Title Agreement registered March ‘22 • 120km interpreted strike length of greenstone belt within • Technical review underway to refine and prioritise targets tenure
Slide 13: US$93.7M Compensation Claim
US$93.7M Compensation Claim United Republic of Tanzania – International Centre for Settlement of Investment Disputes • US$93.7M compensation claim against Tanzania for illegal expropriation of Ntaka Hill Nickel Project • Arbitration commenced April 2021 – final hearing scheduled 30 January 2023 • Go
Slide 14: Near Term Work Plans
Near Term Work Plans Aggressive exploration strategy to drive value creation in 2022 • Multiple drilling programmes planned for South Australian gold portfolio in 2022 • RC drilling recently completed at Minos - 14 holes for approximately 1,900m - focused on tightening the existing drill density and
Slide 15: Contact
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 Australia