Indiana Resources Ltd (GSMGF) Gagner

Indiana Resources Ltd. is a minerals and development exploration company. The company is headquartered in Thebarton, South Australia. The Company’s ground position in the Gawler Craton covers approximately 5,000 square kilometers (km2). Its South Australia Projects include Lake Labyrinth Shear Zone (LLSZ), Double Dutch Gold Prospect, Earea Dam and Boomerang. The LLSZ projects hold various targets, including the Minos, North Hicks, Ariadne and Partridge Prospects. Earea Dam is a fully granted mining lease and is located adjacent to the Tarcoola-Glendambo Road and the Perth-Adelaide train line approximately 30 kilometers (km) west of Kingoonya. The Boomerang Gold Prospect is situated approximately 14 km southwest (SW) of the Tarcoola Mine. The firm also acts as the manager of the Joint Venture for the Ntaka Hill Nickel Project. The Ntaka Hill Nickel Project is an advanced nickel sulfide project.