Gawler Craton Gold Project
“A Robust Position in one of Australia’s Premier Gold Provinces”
- Indiana has consolidated a dominant and strategic position in the region of 5,090km²
- Multiple advanced to early stage targets proximal to existing gold mines and major discoveries
- Drill ready targets across multiple tenements within the highly prospective Archaean Harris Greenstone Belts, similar in style to the WA greenstone belts
- Key project areas include the Lake Labyrinth Shear Zone, Double Dutch, Earea Dam, Moolkra and Boomerang
Gawler Craton: A Highly Prospective Exploration Address
The Central Gawler Craton has outstanding potential for the discovery of significant gold deposits, as indicated by the Tunkillia (588,000 ounce gold resource), which adjoins the southern edge of the Tenements and the historical mining centre of Tarcoola, which adjoins the northern edge of the Tenements, where historic production and current resources total approximately 190,000 ounces.
Both Tarcoola and Tunkillia are owned by Barton Gold Pty Ltd. In addition, Barton Gold also owns the Challenger Gold deposit, located 150 km north west of the tenement package which historically produced more than 1 million ounces.
Many smaller historical gold workings are present throughout the region and remain under explored, including the Lake Labyrinth, Company Well and Earea Dam mines, which fall within the Tenement area.
Indiana’s portfolio also contains the majority of the highly prospective Archaean Harris Greenstone Belts, similar in style to the WA greenstone belts, adding further prospectivity to the region.
Historic significant drilling intercepts include:
> Earea Dam – 4m @ 10.2 g/t Au, 3m @ 13.8 g/t Au
> Boomerang – 4m @ 5.44 g/t Au, 2.0m @ 10.5 g/t Au
> Minos – 12m @ 10.36 g/t Au, 24m @ 2.18 g/t Au, 6m @ 12.37 g/t Au, 12.5m @ 2.12 g/t Au, 14m @1.51 g/t Au, 5m @ 7.32 g/t Au, 10m @ 4.64 g/t Au
> Ariadne – 6m @ 4.05 g/t Au, 11m @ 2.44 g/t Au, 12m @ 1.18 g/t Au
> Double Dutch – 34m @ 1.18 g/t Au, 18m @ 1.07 g/t Au, 25m @ 1.25 g/t Au