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Indiana Resources Ltd.
Summary
| Project: | Kishugu | |
|---|---|---|
| Deposit: | Kishugu | |
| Location: | Tanzania | |
| Commodities: | Gold | |
| Date: | 10/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-10-2016: Indiana Resources Ltd. announces an Exploration/Drilling Update report for its Kishugu deposit at the Kishugu project. Drilling results incl. 23m @ 180ppb Au from 0m. Indiana Resources Limited (ASX: IDA) (‘Indiana’ or the ‘Company’) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mathew Perrot (Internal) | |
| ABSTRACT: | Indiana Resources Limited (ASX: IDA) (‘Indiana’ or the ‘Company’) is pleased to advise that the recently completed Rotary Air Blast (‘RAB’) drilling program at Naujombo and Kishugu, comprising 136 holes for 3,398m intersected strong anomalous gold in bedrock on each line of drilling. Indiana’s Managing Director Campbell Baird commented: “The first round of drilling at Naujombo and Kishugu was designed as a reconnaissance program across the strong surface soil gold anomalies that have been previously identified. The drilling program sought to establish whether the surface gold was present in the bedrock. It is particularly encouraging that along each line of drilling over a strike of 9.5 kilometers and 5.5 kilometres for Naujombo and Kishugu respectively, we have intersected zones of anomalous gold within the bedrock. In achieving that aim, this drilling program has laid a strong platform for follow up drilling and further field programs, with work on a second stage drilling program and field work on newly identified targets already under way. This is an outstanding first step in unlocking the gold systems at Naujombo and Kishugu.” | |
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