Indiana Resources Limited (ASX: IDA) is an Australian-based gold exploration company
focused on advancing its portfolio of exploration tenements in the Central Gawler Craton
Gold Province in South Australia. With 5,090 km 2 of highly prospective ground, the majority
of which falls within the Harris Greenstone belts similar in style to the WA Archaean
greenstone belts, Indiana’s tenement package includes multiple advanced to early stage
targets proximal to existing gold mines and major discoveries, with key projects areas
including the Lake Labyrinth Shear Zone, Double Dutch, Earea Dam, Moolkra and
The Central Gawler Craton has outstanding potential for the discovery of significant gold
deposits, as indicated by the Tunkillia Gold Project (965,000 ounce gold resource), which
adjoins the southern edge of the Company’s tenements and the historical mining centre of
Tarcoola, which adjoins the northern edge of the tenements, where historic production and
current resources total approximately 93,000 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 was an advanced nickel sulphide project that was development ready.
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. Arbitration activities have
commenced through the International Centre for Settlement of Investment Disputes, a
division of The World Bank, and the company is seeking US$95m in compensation for the
loss of its investment in the asset.
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 is currently Non-Executive Chair of Indiana Resources, (ASX: IDA), Non-Executive
Director of Synergy (Electricity Generation and Retail Corporation), a Non-Executive Director
of Scorpion Minerals Pty Ltd (ASX: SCN), a Non-Executive Director of Aerison Pty Ltd and
an Independent Director of Perth Racing.
Gary Ferris General Manager – Exploration
As a geologist with over twenty-five years’ experience, Gary holds a Master’s Degree in
Exploration Geoscience from the University of Tasmania and a Bachelor of Science Honours
(Geology) from the University of Adelaide. Gary also spent fourteen years with the South
Australian Geological Survey, many of which were focussed on the geology and mineral
potential of the Gawler Craton.