Indiana Resources Limited · ASX:IDA
Indiana Resources — Investor Presentation (July 2022)
18 slides from Indiana Resources's investor presentation, Jul 6, 2022
Slide 1: Investor Presentation July 2022
For personal use only Gold Rare Earth Elements Base Metals Gawler Craton South Australia Investor Presentation July 2022
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 478,122,466 53,282,353 ~A$26M A$0.051 - $0.095 A$1.6m Structure Shares on Issue Options on Issue Market Cap 52 week low-high Cash 1 July 2022 (A$0.055) As of 31 Mar 2022 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: Gawler Craton Portfolio Summary
Gawler Craton Portfolio Summary High-Grade gold targets in an under-explored province For personal use only ASX:IDA 5
Slide 6: Large Strategic Ground Position
Large Strategic Ground Position Exciting 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 tenements • His
Slide 7: Multiple commodities
Multiple commodities Advanced gold targets plus the potential for base metal and REE mineralisation1 For personal use only 1 Refer to Indiana ASX Release dated 4 August 2020, 14th June 2022 and 21st June 2022 for historical significant intercepts ASX:IDA 7 Drillhole details for Indiana’s drilling re
Slide 8: Under-explored tenement package
Under-explored tenement package Sparse, historic drilling highlights significant exploration upside1 For personal use only • 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 • Double D
Slide 9: Lake Labyrinth Shear Zone (LLSZ)
Lake Labyrinth Shear Zone (‘LLSZ’) Fertile structure with 50km strike, provides significant discovery potential For personal use only 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 sa
Slide 10: Minos Drilling Highlights
Minos Drilling Highlights +600m strike extent 63 RC/DD drillholes completed for 9,825m 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
Slide 11: Minos Gold Mineralisation
Minos Gold Mineralisation Strong, coherent zones of gold mineralisation – open at depth For personal use only ASX:IDA 11
Slide 12: Emerging Ariadne Prospect
Emerging Ariadne Prospect 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 • Open to NW and SE • 10m @ 2.24 g/t Au from 9m including 1m @ 13.4 g/t Au • 5m @ 3.59 g/t Au from 49m • 9m
Slide 13: Harris Greenstone Domain
Harris Greenstone Domain Historic drilling highlights strong Au, Zn, Ni and Co potential 1 For personal use only • Prospective Archaean greenstones • Native Title Agreement registered March ‘22 • 120km interpreted strike length of greenstone belt within • Technical review underway to refine and prio
Slide 14: 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 a
Slide 15: Rare Earth Potential Identified
Rare Earth Potential Identified Technical review highlights strong potential for REE mineralisation 1 For personal use only • Only 3 of 15 REE (La, Ce and Y) previously assayed for geochemical profiling • Assaying of full, 15 element REE suite, including Nd, Pr, Tb and Dy for selected historical dri
Slide 16: US$93.7m Compensation Claim
US$93.7m Compensation Claim High potential for a fully de-risked return to shareholders For personal use only • US$93.7m compensation claim against United Republic of Tanzania over the Illegal expropriation of Ntaka Hill Nickel Project • Arbitration through the International Centre for Settlement of
Slide 17: 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 • RC drilling recently completed at Minos - 14 holes for approximately 1,900m - focused on tightening the exis
Slide 18: 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 Australia
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