Indiana Resources Limited (`Indiana' or the `Company') announced that drilling activities have commenced at the Minos Prospect at the 5090 km2 Central Gawler Craton Gold Project. The planned 1,500m Reverse Circulation (RC) drill programme comprises 10 holes varying in depth from 100 to 200 metres that will test a 600 metre long core section of the Minos target. The RC holes may be later extended with a Diamond Drill rig where significant mineralisation persists at the end of the holes. Initial geologic review has highlighted a number of significant structural features with respect to the internal geometry and distribution of the gold mineralisation at Minos as follows: The main mineralised shear zone (LLSZ) strikes approximately NW to SE and is sub vertical or steeply dipping to the SW. Early phase mineralisation lies within the main foliation that is either parallel to the walls of the main shear or shallower dipping to the SW and characterised by sericite-silica-pyrite alteration and quartz carbonate veining. Late stage high grade mineralisation hosted by quartz carbonate veins containing pyrite, sphalerite and galena. The shear zone host rock adjacent to these late stage veins are commonly brecciated and hematite altered. There appear to be at least two generations of mineralisation in different structural orientations, one subparallel to the shear zone and the second dipping to the NE at about 70 degrees. This is consistent with surface mapping at the Ariadne prospect where structural measurements of late stage high grade veins associated with surface workings dip to the NE at 70 to 80 degrees. Further logging of the drill core is required to determine accurately the strike and dip of the high-grade veins. These features highlight the need to orientate drilling in a direction that adequately tests all the gold bearing vein orientations and structures within the Minos mineralisation. THRC060 an RC drill hole completed as a water bore to assist historic diamond drilling highlights this point. THRC060 appears to have intersected both orientations of veining and provided a far more consistent result than all other holes which were drilled to the NE at a dip of 60 degrees. These holes have less chance of regularly intersecting the late stage high grade NE dipping veins. The planned programme will include holes drilled steeply to the SW to test this interpretation and confirm the results in THRC060. The Minos core is stored at the South Australian Drill Core Reference Library at Tonsley and will be the subject of detailed core logging and structural analysis in the next few weeks to assist with refining the structural interpretation at Minos. The Central Gawler Craton has outstanding potential for the discovery of significant gold deposits, as indicated by the Tunkillia Gold Project (965,000 ounce gold resource), which adjoins the southern edge of the Company's tenements and the historical mining centre of Tarcoola, which adjoins the northern edge of the tenements, where historic production and current resources total approximately 93,000 ounces. Both Tarcoola and Tunkillia are now owned by Barton Gold Pty Ltd. In addition, Barton Gold also owns the Challenger Gold deposit, located 150 km North West of the tenement package which historically produced more than 1 million ounces.