Indiana Resources is pleased to announce that the recent Air Core drilling program at Naujombo South intersected gold mineralisation directly to the south of the recently announced Naujombo South soil anomaly. Three lines of holes were completed across the anomaly before the program was temporarily halted until there was clarity on the impact of [...]
Indiana Resources would like to acknowledge the recent passage of three supplementary bills, the Natural Wealth and Contracts (Review and Renegotiation of Unconscionable Terms) Act 2017, the Natural Wealth and Resources Act 2017 and the Written Laws 2017.
Indiana Resources is pleased to announce the discovery of a significant gold-arsenic soil anomaly at the Naujombo Gold Prospect with a peak value of 503 ppb Au. The anomaly, as defined by the 90ppb contour, is 650m to 800m long and between 100m and 200m wide and is along strike from the extensive, coherent, previously identified Naujombo [...]
Indiana Resources is pleased to advise that an aircore (AC) drilling programme at the Company’s Naujombo and Kishugu Gold Prospects located in south-east Tanzania is expected to commence in the coming days. The Company anticipates that the drilling programme will be in excess of 2,500m and will focus on three targets: Naujombo Central, Kishugu [...]
Indiana Resources is pleased to advise that exploration work has commenced at the Company’s Naujombo and Kishugu Gold Prospects and additional regional targets. Soil sampling has started at Naujombo, Kiperere West and other regional areas to continue to identify and refine high quality targets and to improve geological and structural control over [...]
Indiana Resources advises that BPM Capital Limited has formally notified the Company that BPM has withdrawn its section 249D requisition notice for a general meeting, and its request that resolutions be put to the Company’s shareholders, for the removal of Mr Campbell Baird and Dr Derek Fisher as directors of Indiana and the appointment of Mr Brett [...]
I would like to introduce myself as the new Chair of Indiana Resources. I am honoured to have the opportunity to work with such a high calibre Board and management team on the quality opportunities we have before us. I have a great passion for Africa, where I believe there still remains many opportunities for exploration discoveries for companies [...]
Indiana Resources is pleased to announce that it has received subscriptions to purchase 10,534,545 fully paid ordinary shares at $0.12 cents per share to raise approximately $1.26 million through a placement to professional and sophisticated investors. Proceeds from the Placement will be used to accelerate planned exploration programs for Indiana’s [...]
Indiana Resources is pleased to announce the appointment of Ms Bronwyn Barnes as Non-Executive Chairman of Indiana from 5 April 2017. Ms Barnes has had an extensive career in the resources sector, having worked with companies ranging from BHP Billiton to emerging juniors in directorship, executive leadership, and operational roles. Most recently [...]
Following on from the most recent Quarterly Report for Indiana Resources, in which your Board and I indicated that we were in the process of finalising our strategic and operational plans for 2017, I thought it appropriate to write to you to recap on the work that the Board and I have undertaken since my appointment approximately 8 months ago and [...]
In accordance with ASX Listing Rule 3.17A, Indiana Resources advises that shortly prior to market close on February 22, 2017, it received a notice from BPM Capital Limited, a substantial shareholder of the Company, under section 249D of the Corporations Act 2001 (Cth) to requisition a general meeting of the Company for the purpose of proposing [...]
Indiana Resources is pleased to advise that the recently completed Rotary Air Blast drilling program at Naujombo and Kishugu, comprising 136 holes for 3,398m intersected strong anomalous gold in bedrock on each line of drilling. Indiana’s Managing Director Campbell Baird commented: The first round of drilling at Naujombo and Kishugu was designed as [...]
