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Explore Middle Earth with Indiana Resources Limited

Updated: Apr 21, 2022


Bronwyn Barnes, Executive Chair of Indiana Resources Limited (ASX: IDA) is taking us towards the last frontier where the unknown depths of the Gawler Craton lie.



Noel Ong, CEO of Samso believes the Gawler Craton to be the next commodity rush. So it has been an intriguing conversation with Bronwyn Barnes, Executive Chair of Indiana Resources Limited to talk about the happenings of the Gawler Craton and the Tanzanian litigation. As the Gawler Craton region is so under-explored (in fact, the average investor may well scratch his head and wonder where this place is if you mention it), it is exciting to see this company taking the step to make discoveries.




While there are no mystical evil rings in the Gawler Craton, what it does have is giant deposits. In fact, it is host to the biggest uranium and copper mine. It may be hard to believe but mineral exploration in the "Shear-hosted" world of the Gawler Craton is still relatively unknown to the general public.


Noel has done two Samso Insights on this topic to highlight why investors should take more interest in this region of Australia.


You can read the two Samso Insights by clicking the links below:

Bronwyn talks about the following:

  1. What has happened since the first Coffee with Samso in May 2001- (Indiana Resources Limited (ASX:IDA) is all about the Gawler Craton.

  2. The results of the latest exploration drilling at Minos and why this is slowly showing the start of an exciting region for discovery.

  3. How the Tanzanian litigation is progressing.

  4. Why Bronwyn feels that the Gawler project is the focus for the company.

  5. The upcoming resource statement from further drilling.

Indiana Resources is one interesting company to take note of as it has a great project and is literally painting an exciting future on their own blank canvas. Ms. Barnes is the company's very own Princess Arwen, ready to ride into the unknown and bravely explore. More will be revealed in time, and with what is known about the region right now, there is much to be expected.


Chapters


00:00 Introduction

00:52 Bronwyn updates on Indiana Resources.

05:52 The Feeling of Working in an Under-Explored Mineralised Province.

08:09 Bronwyn's thoughts on land access and how easy it is to work in the Gawler Craton.

10:28 The Tanzania Project.

14:41 What happens if Tanzania does not respond?

16:53 Why Tanzania has teeth and is not a talking feast.

19:01 What the market is saying about the Tanzania Claim.

21:54 Tanzania is a Free Option for Free Capital.

24:22 Indiana is at Cheap Entry Time.

26:37 The process forward for Indiana in The Gawler Craton.

27:55 Conclusion


About Bronwyn Barnes

Executive Chairman


Bronwyn has had an extensive career in the resources sector, having worked with companies ranging from Western Mining Corporation and BHP to emerging juniors in directorship, executive leadership, and operational roles in Australia and internationally.


Bronwyn’s current ASX directorships include Executive Chairman of Indiana Resources Ltd, Non-Executive Chairman of Aerison Group Limited, and a Non-Executive Director of Scorpion Minerals Ltd. Reflecting her continuing interest in sectors outside mining Bronwyn is a Non-Executive Director of Synergy and The WA Turf Club. Bronwyn is also a Member of the South Australian Government’s Minerals and Advisory Council.


About Indiana Resources Limited


Indiana Resources Limited (ASX:IDA) is an Australian-based gold exploration company focused on advancing its portfolio of exploration tenements in the highly prospective Central Gawler Craton Gold Province in South Australia.


Indiana’s ground position in the Gawler Craton covers 5,090 km² – with the Company’s tenements strategically located between the historic gold mining centres of Tunkillia and Tarcoola.


The Central Gawler Craton has outstanding potential for the discovery of significant gold deposits, as indicated by the Tunkillia deposit (588,000 ounce gold resource), which adjoins the southern edge of Indiana’s portfolio and the historical mining centre of Tarcoola, which adjoins the northern edge of Indiana’s portfolio, where historic production and current resource total approximately 190,000 ounces.


Indiana is also the major shareholder of Ntaka Nickel Holdings Ltd and Nachingwea UK Ltd (both incorporated in the United Kingdom) which historically held the licences for the Ntaka Hill Nickel Project through its 100% owned subsidiary Nachingwea Nickel Ltd. The Ntaka Hill Nickel Project is an advanced nickel sulphide project that is development ready. In early 2020, the Companies advised the Tanzanian Government that a dispute had arisen in relation to the cancellation of the Retention Licence for Ntaka Hill. Indiana is the manager of the Joint Venture for the Project and is leading activities to progress a Claim to Arbitration against the Government of Tanzania for the illegal expropriation and loss of the Ntaka Hill Nickel Project.


Contact Indiana Resources


a/ Suite 3, 339 Cambridge Street, Wembley WA 6014 Australia (Registered and Principal Office)

w/ www.indianaresources.com.au


 

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Disclaimer


This article is sponsored content.


ASX companies engage Samso and Brilliant-Online to share their commentary on the progress of their companies and projects. The author, owners of Samso and Brilliant-Online and associated entities may or may not hold shares of these companies.


The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer. - Samso


About the Author


Noel Ong, CEO of Samso tells compelling stories by engaging business leaders to reveal insights beneficial to the investment community.


Contact Samso


Samso helps executives tell their stories to pique investor interest.

t/ +61 490 092 814

 

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