Indiana Resources Limited · ASX:IDA
Indiana Resources — Investor Presentation (August 2024)
19 slides from Indiana Resources's investor presentation, Aug 27, 2024
Slide 1: Company Presentation August 2024
For personal use only Company Presentation August 2024
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared by Indiana Resources Limited (Indiana). No party other than Indiana has Important factors that could cause actual results to differ materially from those in forward-looking statements authorised or caused the issue of this document
Slide 3: Corporate Snapshot
Corporate Snapshot Indiana Resources (ASX:IDA) For personal use only Shareholder Distribution Board and Management 634,371,276 Shares on Issue 7% Bronwyn Barnes Exec Chair 38,975,360 Bob Adam NED Options on Issue Maja McGuire NED A$20.5m 43% Alex Neuling Co Sec Cash As of 22 August 2024 ~A$58M Marke
Slide 4: Investment Highlights
Investment Exploring for Rare Earth Elements plus gold and base metals across a 100% owned portfolio For personal use only 01 02 03 High grade clay REE identified Cash at Bank Extensive land package 10km by 4.5km zone identified Currently stands at $20.5m Project located in tightly held NW of Minos
Slide 5: Tanzania US$90m Settlement
For personal use only Tanzania US$90m Settlement
Slide 6: US$90m Settlement Agreement with Tanzania
US$90m Settlement Agreement with Tanzania For personal use only • Settlement sum payable by Tanzania in three instalments: Ø US$35 million – received from Tanzania Ø US$25 million - on or before 25 October 2024 Ø US$30 million - on or before 30 March 2025 • Distribution between the Claimants being n
Slide 7: Claimants Ownership Structure
Claimants Ownership Structure For personal use only MMG Exploration Indiana Resources Ltd Holdings Ltd (Australia) (Hong Kong) 16.3% 83.7% Nachingwea UK Ltd Loricatus Resources (United Kingdom) Investments (Mauritius) 82% 18% Ntaka Nickel Holdings Ltd (United Kingdom) 99.99% Parties to Nachinwea the
Slide 8: Gawler Craton Portfolio
For personal use only Gawler Craton Portfolio
Slide 9: Acknowledgment of country
Acknowledgment of country For personal use only Indiana Resources acknowledges the traditional custodians of the lands on which we work. We pay our respects to the traditional custodians, past, present and emerging, and acknowledge their continuing connection to the lands. Indiana Resources is proud
Slide 10: 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 advanced high–grade gold and base meta
Slide 11: Gawler Craton Rare Earth Elements
For personal use only Gawler Craton Rare Earth Elements
Slide 12: Rare Earth Elements
Rare Earth Elements Current assays identify high grade clay REE1 Indiana’s assays confirm thick regolith-hosted For personal use only Minos REE Highlights REE mineralisation over a 10km strike length 26m @ 4,767ppm TREO from 46m including: Including @ ppm TREO Including @ ppm MREO 5m 16,706 (1.67%)
Slide 13: Minos REE Summary
Minos REE Summary Minos REE Prospect Southern Area Perspective Stacked Sections For personal use only Follow up RC drilling scheduled for June quarter to further test Gold and REE targets I N V E S T O R P R E S E N T A T I O N 13
Slide 14: Beneficiation Test Work Produces 4.2% TREO Concentrate
Beneficiation Test Work Produces 4.2% TREO Concentrate For personal use only Recent metallurgical test work conducted on “mid-grade” (0.43% TREO) clay hosted REE material has yielded exceptional outcomes. • Wet screening of the minus 150 micron fractions upgraded the clay mineralisation to 0.53% TRE
Slide 15: Gawler Craton High Grade Gold
For personal use only Gawler Craton High Grade Gold
Slide 16: 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 Ariadne @ g/t Au 35m 7.08 11m 2.44 21m 8.43 6m 4.05 20m 7.31 9m 2.61 5m 24.35 Boomerang @ g/t Au 26m 4.28 4m 4.14 12m 9.06 2m 16.6
Slide 17: 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, 7,700m AC remains untested drilling
Slide 18: 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 19: Contact
For personal use only Contact Bronwyn Barnes - Executive Chair John Fitzgerald – Commercial Manager info@indianaresources.com.au www.indianaresources.com.au Level 2, 50 Kings Park Rd West Perth WA 6005
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