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 3.2 MILLION OUNCE RESOURCE

In Low Sovereign Risk, Mining Friendly South Australia

GOLD

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OUR FLAGSHIP

GOLD PROJECT

  • 3.1 million ounces of gold in JORC Mineral Resources contained in the advanced Kalkaroo copper-gold project.​
     

  • ​West Kalkaroo open pit gold mine planned to commence in late 2021 subject to financing and approvals.
     

  • Excellent logistics, being located in northeastern South Australia near Broken Hill with the Transcontinental railway and main highway nearby.

CLICK HERE TO VIEW THE GOLD PRESENTATION

KALKAROO

- One of the largest undeveloped open pit copper-gold deposits in Australia, containing 3.1 million ounces of gold, 1.1 million tonnes of copper and 23,200 tonnes of cobalt in Measured, Indicated and Inferred JORC Mineral Resources.

- PFS economic model shows pre-tax NPV7.5% of A$1,163 million at forecast long term gold price of US$1,500 / ounce and copper price of US$3.50 / lb, excluding any value attributable to cobalt.

- Project is well advanced with granted mining lease, completed PFS, and land ownership.

- Stage 1 West Kalkaroo gold open pit aims to mine the shallowest and lowest cost oxidised gold ore with approximately 90,000 ounces of gold and 5,000 tonnes of copper production over 3 years. Leading into the Stage 2 Main Kalkaroo copper-gold mine that will exploit the large underlying sulphide orebody.

 

NEXT STEPS

HOW WILL GOLD PRODUCTION BE ACHIEVED?

3.2 MILLION OUNCES OF GOLD IN JORC MINERAL RESOURCES

CORPORATE PORTFOLIO

5

Projects

Tonnes of Copper

1.3M

Ounces of Gold

3.2M

451M

Tonnes of Iron Ore

43.4k

Tonnes of Cobalt

KEY ASSETS

  • Copper, gold, cobalt JORC Mineral Resource inventory – 1.3 million tonnes of copper, 3.2 million ounces of gold and 43.4 thousand tonnes of cobalt.

  • Kalkaroo copper-gold-cobalt deposit – 100 million tonne open pit JORC Ore Reserves of 0.474 million tonnes of copper and 1.4 million ounces of gold.

  • Mutooroo copper-cobalt-gold deposit – 13.1 million tonnes of 1.5% copper, 0.16% cobalt and 0.20 g/t gold open pit massive sulphide deposit.

  • Iron ore – three deposits namely Maldorky and Grants JORC Resources and Grants Basin, with potentially several billion tonnes of iron ore mineralisation.

  • Over 16,000 km² of highly prospective mineral tenements in South Australia – unmatched elsewhere in Australia.

*Note that not all announcements are posted on this website. Click here to see all announcements on ASX

*Items shown in photographs on this website may not necessarily be assets of Havilah Resources. 

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ANNUAL REPORT 2020
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QUARTERLY ACTIVITIES
REPORT & CASH FLOW REPORT 
 
- PERIOD ENDED 31ST JANUARY 2021
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Technical Review AGM 2020