Plenty to like here and gets cheaper by the day. The market is the market.
7/11/23
2m Cash
Top 30. 77.8%
Board and management 25.9%
News flow coming. Li results.
HIGH PURITY SILICA SAND PROJECTS
Stockyard Project is ready to mine.
Multiple potential off take options under negotiation .
HIGH PURITY QUARTZ (HPQ)
https://announcements.asx.com.au/asxpdf/20231108/pdf/05x3jcn836r0p6.pdf
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 toward
IMO
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