Welcome to Indo Gold
Indo Gold Ltd was established in 2004 to undertake exploration for gold in India, in joint venture with an Indian company holding the mineral rights in trust for the joint venture company.
The Company was founded by seasoned industry professionals with wide-ranging international experience that has included senior executive positions with Billiton.
The flagship property in India is located in the State of Rajasthan where the joint venture company (70% Indo Gold) has identified a preliminary JORC-compliant Inferred Mineral Resource of 1.74 million ounces of gold plus an as yet unquantified amount of copper. Additional exploration targets have been identified (and in some instances drill tested by the Geological Survey of India) that suggest potential for at least 5 million ounces gold and possibly over 10 million ounces. The drilling planned to test these additional targets has not yet been undertaken due to permitting delays. The joint venture is hopeful their retained legal rights will be converted once again to mineral rights and that the ongoing delays will be ended during 2014. Elsewhere in India, the company is exploring for copper and gold.
Following from a spread of activities over the past 4 years or so, the company now has significant minority holdings in several other companies through sale of subsidiaries, demerger and investment. These holdings are in: Treliver Minerals Ltd (UK unlisted), an exciting tin play with exploration properties in Germany and Cornwall; Desert Minerals & Metals Ltd, an ASX-listed company seeking molybdenum and other meals in South Korea; Aforo Resources Ltd (Aust., unlisted) with gold exploration properties in West Africa; and Bengal Minerals Pty Ltd (Aust., private) a company engaged in precious, base metals and iron ore exploration in India. Further details are provided from the drop-down menus, above.
India has been the main focus for Indo Gold’s exploration effort since 2004. The Bhukia deposit has a JORC compliant resource of 38.5Mt @1.4g/t Au containing 1.74Moz gold. The recently granted Malanjkhand project surrounds a government owned porphyry copper-gold system with over 221Mt @ 1.35% Cu.