Indiana Resources Limited · ASX:IDA
Indiana Resources — RIU Explorers Conference 2022
14 slides from Indiana Resources's conference presentation, Feb 16, 2022
Slide 1: High-Grade Gold, Gawler Craton, South Australia
For personal use only High-Grade Gold Gawler Craton South Australia Investor Presentation February 2022 RIU Explorers Conference
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 434,946,960 60,279,990 ~A$26M A$0.051 - $0.11 A$2.2m Structure Shares on Issue Options on Issue Market Cap 52 week low-high Cash 14 Feb 2022 (A$0.058) Board & Management Shareholder Distribution Bronwyn Barnes Executive C
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 under explored gold province For personal use only • Tunkillia Gold Project (965,000 ounce resource) adjoins the southern edge of the tenements • Historical mining centre of Tarcoola, adjoins the northern edge of the tenements (historic production and current
Slide 7: Multiple Drill Ready High-Grade Targets
Multiple Drill Ready High-Grade Targets Historic drilling highlights significant exploration upside For personal use only Earea Dam: 4m @ 10.2 g/t Au 3m @ 13.8 g/t Au Boomerang: 4m @ 5.44 g/t Au 2.0m @ 10.5 g/t Au Double Dutch: 34m @ 1.18 g/t Au 18m @ 1.07 g/t Au Minos: 12m @ 10.36 g/t
Slide 8: 2021 Exploration Recap
2021 Exploration Recap Foundations Set for Sustained Exploration Success For personal use only Key 2021 exploration outcomes: +12,000m of RC and Diamond drilling completed across the Central Gawler Craton Gold Project 4,500m Aircore Drilling completed along the LLSZ Awaiting assays from Decemb
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 system • 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: 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 LLSZ • 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
Slide 11: Drilling Continues to Extend LLSZ Strike
Drilling Continues to Extend LLSZ Strike 30km strike of Lake Labyrinth Shear Zone remains under-explored For personal use only Initial drilling at Minos and Ariadne have demonstrated the potential for significant exploration upside • LLSZ is under-explored • Minos and Ariadne prospects remain open a
Slide 12: 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 13: 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 Q1 2022 • Planned RC drill programme at Minos to include 15 dril
Slide 14: Contact
For personal use only Contact Technical Director: Felicity Repacholi-Muir info@indianaresources.com.au www.indianaresources.com.au Suite 3, 339 Cambridge St Wembley WA 6014 ASX:IDA