M&A

Indiana options Patron package in Gawler

INDIANA Resources is aiming to get in to the prospective Central Gawler Craton, signing a binding terms sheet with private company Patron Resources for a cash and scrip acquisition of 2660sq.km of licences at a time when the soaring gold price has helped put the South Australian province back on the map.

Recent drilling at Aurora Tank has helped highlight the Gawler Craton's potential.

Recent drilling at Aurora Tank has helped highlight the Gawler Craton's potential.

Indiana has more recently been prospecting for the yellow metal in Mali, although that is on hold due to COVID-19, and is fighting against the Tanzanian government's decision to seize the Ntaka Hill nickel...

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