Indiana Resources completes Gawler Craton drilling program
- Indiana Resources completed a 1,764-metre reverse circulation drilling programme across 10 holes at its Gawler Craton project in South Australia.
- Assay results from the programme are expected in four to six weeks.
- The completion of the Ealbara heritage report allows the company to progress towards future exploration drilling.
Indiana Resources (ASX:IDA) finished a 1,764-metre reverse circulation drilling programme across 10 holes at its Gawler Craton Project while securing final heritage clearance for the Ealbara target.
The 10-hole campaign follows prior exploration work that intersected 18m at 1.2 grammes per tonne of gold at the Company Well prospect in February.
The programme comprised eight holes for 1,386m at Company Well to target secondary splay mineralisation and two holes for 378m at Minos for metallurgical testing.
Following the announcement, the Indiana Resources share price was unchanged at $0.02.
Indiana Resources holds approximately 5,000km2 of exploration ground within the Gawler Craton region of South Australia.
The company stated that heritage surveys over the nearby Carne and Mariner prospects are scheduled to begin in November.
