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Australian Indian Resources (AIR)

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Gold in Quartz Vein

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Working at site

AUSTRALIAN  INDIAN  RESOURCES (AIR)

Australian Indian Resources

Australian Indian Resources

AIR was incorporated in 1994 by a group of Australian investors/shareholders who could foresee an opportunity to participate in the development of India’s mineral potential when the Indian government took a landmark decision to open up the mineral exploration sector for foreign investments. AIR acquired 100% stake in Geomysore Services (India) Private Limited (GMSI). GMSI and other subsidiary companies of AIR have been carrying out exploration for Gold, Base metals, Nickel, Platinum Group Elements (PGE) in various parts of India.

Projects

Projects

Australian Indian Resources (AIR), through its subsidiary companies, has so far explored about 30,000 sq.km of highly prospective area in eight different states of India.   The explored areas are mainly covered by Archaean and Proterozoic volcano-sedimentary belts, which are known to contain abundant precious mineral deposits.  Systematic exploration by AIR group companies has led to significant discoveries of gold, base metal, nickel-PGE and magnetite iron ore deposits in these belts.

Corporate

Corporate

AIR is a public, unlisted Australian company (ACN: 063881970), with its registered office at Victor Harbor, South Australia and Principal place of business at Perth, WA.  Majority of the shareholding in AIR is held by a group of Australian Shareholders.  Sun Mining and Exploration Investment Limited (SMEIL) and Essel Investment Mauritius Limited are also the key shareholders in the Group. The present paid up equity capital of AIR is divided into 218,317,491 ordinary shares.

AUSTRALIAN  INDIAN  RESOURCES  (AIR)