IDA indiana resources limited

Ann: Indiana Secures Government Grant to Advance VMS Targets, page-4

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    Indiana receives $255k funding grant from the South Australian Government through
    the Accelerated Discovery Initiative
    Leading industry expert Dr Jon Hronsky AOM recently completed a technical review
    of the Harris Greenstone Domain that has highlighted the potential for Volcanogenic
    Massive Sulphide (‘VMS’ Zn-Cu mineralisation
    The grant will advance Indiana’s VMS targets at the Harris Greenstone Domain in the
    Central Gawler Craton Project
    The review identified a large-scale 17km zone of zinc anomalism with historic drill
    intercepts of 1000ppm Zn
    Dr Hronsky’s review also recommended further work to assess nickel-sulphide
    potential within the Harris Greenstone Domain
    Funding grant from SA Government covers various exploration activities including:
    Airborne Electromagnetic (EM) survey
    Exploration drilling of targets
    Aboriginal training and employment programmes
    Indiana continues to unlock significant value from its ‘district scale’ Gawler Craton
    landholding with significant gold, Rare Earth Elements and base metal potential now
    identified
    Helicopter EM survey planned to define conductive bodies related to massive
    sulphide mineralisation for follow-up drilling
 
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