Indiana Resources Ltd
Indiana Resources Limited is an Australia-based exploration company focused on advancing a portfolio of tenements, which include rare earths, gold and base metals, in the Central Gawler Craton Province in South Australia.
The business
Indiana Resources Limited is an Australia-based exploration company focused on advancing a portfolio of tenements, which include rare earths, gold and base metals, in the Central Gawler Craton Province in South Australia. The Company’s ground position in the Gawler Craton covers approximately 5,000 square kilometers (km2). Its South Australia Projects include Lake Labyrinth Shear Zone (LLSZ), Double Dutch Gold Prospect, Earea Dam and Boomerang. The LLSZ projects hold various targets, including the Minos, North Hicks, Ariadne and Partridge Prospects. Earea Dam is a fully granted mining lease and is located adjacent to the Tarcoola-Glendambo Road and the Perth-Adelaide train line approximately 30 kilometers (km) west of Kingoonya. The Boomerang Gold Prospect is situated approximately 14 km southwest (SW) of the Tarcoola Mine. The Company also acts as the manager of the Joint Venture for the Ntaka Hill Nickel Project. The Ntaka Hill Nickel Project is an advanced nickel sulfide project.
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Latest news
US Defence Deal with MP Materials Puts Spotlight on Critical Minerals—and Australia’s Emerging Role
One of the most prominent trends shaping global equity markets in 2025 is the sharp rise in investor interest in the defence sector. This has been especially fuelled by mounting geopolitical tensions and an increasingly strategic view on supply chain security. Nowhere is this more evident than in the US, where the Department of Defense […]
Indiana Resources seeks ATO ruling on Tanzanian settlement payment for Ntaka Hill nickel project
Indiana Resources (ASX: IDA) has sought an Australian Tax Office (ATO) ruling on the impact of a payment of approximately $50.1 million received as the final tranche of a settlement with the Tanzanian government. The parties involved announced in July 2024 that they had reached a settlement of approximately $150.1m to resolve a dispute over […]
Gawler Craton exploration heats up as juniors step-up efforts to uncover new major deposits in South Australia
Back in 2001, Minotaur Resources — now Minotaur Exploration (ASX: MEP) — put the Gawler Craton back on the mining investor’s map when it discovered the huge Prominent Hill copper-gold deposit south-east of Coober Pedy in South Australia. At the time, it set off a land rush from other juniors wanting to peg anything in […]
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