Indiana Resources Limited · ASX:IDA
Indiana Resources — Investor Presentation (October 2022)
19 slides from Indiana Resources's investor presentation, Oct 19, 2022
Slide 1: Discovering The Gawler: Exploring for Rare Earth Elements plus gold and base metals
For personal use only I N V E S TO R P R E S E N TAT I O N Discovering The Gawler Exploring for Rare Earth Elements plus gold and base metals OCTOBER 2022
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Indiana Resources Limited (Indiana). No party other than Indiana Important factors that could cause actual results to differ materially from those in forward-looking has authorised or caused the issue of this document, or takes
Slide 3: Company Overview
For personal use only I N V E S TO R P R E S E N TAT I O N Company Overview
Slide 4: Corporate Snapshot
Corporate Snapshot Indiana Resources (ASX:IDA) For personal use only Performance Corporate Structure 17 October 2022 (A$0.052) $0.08 $0.06 $0.04 483,804,819 53,282,353 Shares on Issue Options on Issue $0.02 $0.00 ~A$26M A$2.3m Oct 2021 Oct 2022 Market Cap Cash As of 30 Jun 2022 Board and Management
Slide 5: Investment Highlights
Investment Highlights Exploring for Rare Earth Elements plus gold and base metals across a 100% owned portfolio For personal use only Extensive land package REE Exploration Upside Gold Optionality Project located in tightly held Large land package with High grade gold results Central Gawler Craton r
Slide 6: Gawler Craton Portfolio
Gawler Craton Portfolio Large ownership position in an under-explored province For personal use only 5,713km² district scale ground position in the Central Gawler Craton Under explored landholding with immense upside potential Targeting rare earth elements with gold and base metals optionality I N V
Slide 7: Rare Earth Elements
For personal use only I N V E S TO R P R E S E N TAT I O N Rare Earth Elements
Slide 8: Rare Earth Elements
Rare Earth Elements Current assays identify high grade clay REE1 For personal use only Assays confirm thick regolith-hosted REE mineralisation over a minimum 8km strike 20m @ 4,021ppm TREO from 24m including: Including @ ppm TREO Including @ ppm TREO 16m 4,830 from 24m 4m 15,486 (1.55%) from 28m 19m
Slide 9: 10km Rare Earths Strike Length
10km Rare Earths Strike For personal use only Length 10km strike length identified to date signals REE potential at Lake Labyrinth Shear Zone I N V E S T O R P R E S E N T A T I O N 9
Slide 10: Other Projects
For personal use only I N V E S TO R P R E S E N TAT I O N Other Projects
Slide 11: 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 @ g/t Au Earea Dam @ g/t Au 12m 10.36 4m 10.2 24m 2.18 3m 13.8 6m 12.37 Boomerang @ g/t Au 12.5m 2.12 4m 5.44 2m 10.5 Ariadne @ g/t Au 6m 4
Slide 12: 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 Majority of LLSZ and DD, 4,500m AC remains untested drilling
Slide 13: 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 @ g/t Au Including @ g/t Au 21m 8.43 from 176m 1m 159 35m 7.08 from 29m 16m 13.12 20m 7.31 fro
Slide 14: Emerging Ariadne Prospect
Emerging Ariadne Prospect 12 RC holes completed in October 2021 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 @ g/t Au Including @ g/t Au 10m 2.24 from 9m 1m 13.4 5m 3.59 from 49m 9m 2.61 from 1
Slide 15: 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 July ‘22 1 Re
Slide 16: 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 anomali
Slide 17: Near Term Work Plans
Near Term Work Plans Aggressive exploration strategy to drive value creation For personal use only Oct Nov Dec Jan Feb ~5,000m REE AC Drill Program at Minos Late Oct Assay Results from August RC Drill program at Minos (gold) Early Nov Progress early stage exploration – base metals projects Early Oct
Slide 18: Investment Summary
Investment Summary Exploring for Rare Earth Elements plus gold and base metals across a 100% owned portfolio For personal use only 01 03 05 Extensive land package REE Exploration Upside Gold Optionality Project located in tightly held Large land package with High grade gold results Central Gawler Cr
Slide 19: Contact
For personal use only Contact Bronwyn Barnes Executive Chair info@indianaresources.com.au www.indianaresources.com.au Suite 3, 339 Cambridge St Wembley WA 6014, Australia Investability Investor Relations indianares@investability.com.au
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