Indiana Resources Limited (ASX: IDA) ('Indiana' or the 'Company') is pleased to advise that its technical team has located uncut and unassayed Diamond Drill core at the SA Core Reference Library located at Tonsley, South Australia. The HQ core hole (THDD-066) was drilled at the Minos Prospect located within Indiana's 100% owned 5,090 km2 Central Gawler Craton Gold Project (Figures 1 & 2). The core hole was drilled on the 600 Section line at Minos and was likely drilled to provide samples for metallurgical test work (Figures 3,4 and 5).
Company Comment
Indiana's Executive Chairman Bronwyn Barnes said: 'It is very exciting to have located this uncut and unassayed diamond drill core that was historically completed adjacent to some excellent drill sections at Minos. We look forward to receiving assay results in the next few weeksthat will further aid our understanding of the mineralisation at Minos'.
Permission to remove, cut and sample the core (Figure 6) has been received from the Core Reference Library which now retains the core. Core cutting is underway, and samples will be despatched for assay tomorrow. Results are expected within two to three weeks.
Technical information included in this announcement has previously been provided to the market in releases dated 4th August 2020, 28th September 2020 and 16 th November 2020.
This announcement is authorised for release to the market by the Chairman of Indiana Resources Limited with the authority from the Board of Directors.
For further information, please contact:
Bronwyn Barnes
Executive Chairman
T: +61 417 093 256
Aida Tabakovic
Company Secretary
T: +61 8 9481 0389
Forward Looking Statements
Indiana Resources Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this announcement. To the maximum extent permitted by law, none of Indiana Resources Limited, its Directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it. This announcement is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this announcement nor anything in it shall form the basis of any contract or commitment whatsoever. This announcement may contain forward looking statements that are subject to risk factors associated with exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimate.
INDIANA RESOURCES LIMITED 
