Heading back to 1 dollar. High risk but 6m at 3.73% is an...

Heading back to 1 dollar. High risk but 6m at 3.73% is an excellent start

The Brownfields Exploration Phase 1 drilling program aims to follow up historical drill resultsalong strike from the existing pit, where previous assay results recorded 6m at 3.73% Li2O from26m in a vertical diamond hole (PDDH55), as well as testing the presence of stacked flat lyingpegmatites and massive quartz zones1.

To date, 20 RC drill holes have been drilled to a depth of 100m, with plans to complete ~3,500mby mid December 2023.Samples are being sent to Northern Australian Laboratories where they will be assayed for theLithium and REE suite of elements.

Expected by late December, these results will beinstrumental in guiding IND's strategy for a follow-up exploration program in early 2024.

IND’s Managing Director Jeff Sweet commented:"Our first brownfields exploration program at Pippingarra represents a significant step towardunderstanding the mineral potential along strike from the existing pit.“The data retrieved from historical results and ongoing drilling efforts has thus far been verypromising. The upcoming assay results will be key as we shape our future exploration plans."

More drilling planned for 2024.

IMO