Indiana Resources kicks off next phase of drilling at Minos gold prospect

A 16-hole reverse circulation (RC) drilling program for 2,100m is underway within Indiana’s 5,713km Central Gawler Craton Gold Project in South Australia.

So far, drilling has outlined a 600m strike extent of shallow, near-surface mineralisation.

The current program is focused on tightening the existing drill density and better defining some of the known high-grade zones, which will increase confidence levels and enable Indiana to deliver a maiden resource estimate.

Awaiting calcrete sampling results

Indiana Resources (ASX:IDA) technical director Felicity Repacholi-Muir said it is exciting to be back on the ground at Minos, following the extended delay due to heavy rainfall earlier in the year.

“Minos has delivered some impressive gold intersections, and we look forward to increasing our knowledge of the Lake Labyrinth Shear Zone,” she said.

“We are eagerly awaiting the results from the calcrete sampling completed in December.

“Combined with the current drilling campaign, the calcrete results will set the foundations for an expanded exploration program in 2022 that will help us unlock the full potential of the Central Gawler Craton Gold Project.”

Next on the agenda

Results from the calcrete sampling program across the Partridge, Earea Dam and Ealbara prospects are expected to identify further gold anomalies, mineralised trends and assist with drillhole targeting for an expanded exploration program once all requisite approvals are received.

This article was developed in collaboration with Indiana Resources, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.