Ann: Assay Results, page-2

Further Diamond Assays Received from Minos

• Second batch of assay results received for diamond drilling at Minos
• Continuity of mineralisation on Section 10560 confirmed - significant new results include:
➢ 26m @ 3.58g/t Au from 76m
- including 2m @ 18.9g/t Au from 92m
➢ 5m @ 1.08g/t Au from 158m
➢ 2m @ 1.88g/t Au from 152m

• Results confirm and infill earlier intersections of significant mineralisation intercepted
above and below the target zone
• Results pending for one remaining diamond tail – expected within the next 4-6 weeks
Indiana Resources Limited (ASX: IDA) (‘Indiana’ or the ‘Company’) is pleased to announce assay
results have been received for diamond drill hole LLRCD028 at the Minos Prospect located within
Indiana’s 100% owned 5,713 km² Central Gawler Craton Gold Project in South Australia (Figures
2-4).

Three Reverse Circulation (RC) drill holes (LLRC027, LLRC028 and LLRC045) were extended with
diamond tails during July (see ASX announcement dated 14 July 2021). Assays have now been
received for LLRCD028 with significant results as follows:
• 26m @ 3.58g/t Au from 76m (includes previously reported RC pre-collar results)
• 5m @ 1.08g/t Au from 158m
• 2m @ 1.88g/t Au from 152m

The results for the second diamond hole confirm and infill earlier intersections of significant
mineralisation intercepted above and below the target zone within LLRCD028 (Figure 1).