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Indiana Resources Ltd.
Summary
| Project: | Koussikoto | |
|---|---|---|
| Deposit: | Koussikoto | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 7/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-7-2018: Indiana Resources Ltd. announces an Exploration/Drilling Update report for its Koussikoto deposit at the Koussikoto project. Drilling results incl. 8.0m @ 3.00g/t Au from 16m. Indiana Resources Limited (ASX: IDA) (‘Indiana’ or the ‘Company’) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kevin Joyce (Independent) | |
| ABSTRACT: | Indiana Resources Limited (ASX: IDA) (‘Indiana’ or the ‘Company’) is pleased to announce that additional analytical results from shallow, wide spaced, reconnaissance drilling have returned strong gold intersections at the Koussikoto Ouest Gold Project (‘Koussikoto’) in Mali. A reconnaissance drilling programme of 4,325m was undertaken during May 2018 at the Company’s Koussikoto Project and Kenieko Nord Exploration Property (‘Kenieko’) in Mali2 . Analytical results have been received for the final 45 holes at Koussikoto with all assay results having now been received. Assay results for the drilling programme at Kenieko, comprising 19 holes for 358m, are expected shortly. Significant intersections for Koussikoto are shown in Appendix A, which include the following Indiana’s Chairman, Ms Bronwyn Barnes, commented, “The final round of results from Koussikoto confirm our belief of the exploration potential for this project. The results further demonstrate that the mineralised trend has the potential to extend along an 8km strike length and comprise a number of high grade zones within that trend. The team will now focus on consolidating existing data and planning for the next phase of exploration activity.” | |
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