Indiana Resources Inks Native Title Agreement for Gawler Ranges

THE BOURSE WHISPERER: Indiana Resources (ASX: IDA) has negotiated a Native Title Mining Agreement (NTMA) with the Gawler Ranges Aboriginal Corporation RNTBC that has been registered by the Department for Energy and Mining, South Australia.

Indiana Resources said the NTMA with the Gawler Ranges People, represented by the Gawler Ranges Aboriginal Corporation RNTBC, covers 12 Exploration Licences located in the southern portion of the company’s Gawler Craton portfolio which hosts the prospective Archaean greenstones of the Harris Greenstone Domain.

The area hosts several established targets including Double Dutch, Earea Dam, Moolkra, Yerda and Renton.

Indiana has a review underway to refine and prioritise these targets ahead of the commencement of exploration following the receipt of all necessary approvals.

“This NTMA is a major step towards unlocking the southern corridor of our Gawler Craton portfolio, and we look forward to working with the Gawler Ranges People to advance our plans,” Indiana Resources technical director Felicity Repacholi-Muir said in the company’s ASX announcement.

“With several encouraging targets already identified across this highly prospective ground we are eager to commence work on the ground as quickly as possible.”

 

 

 

Email: info@indianaresources.com.au

Web: www.indianaresources.com.au