- One of the larger 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.

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- BHP (previously OZ Minerals) has recently completed a comprehensive Study Program on the Kalkaroo deposit that found no fatal flaws and highlighted:

• The reliability of Havilah’s resource drilling and resource block model.

• Material improvements in copper recovery and copper concentrate grade for the chalcopyrite-pyrite sulphide ore.

• New open pit optimisations and mining schedules which potentially extends the open pit mine life to more than 20 years. 

• A financial model that confirms a robust long-life project with favourable development prospects. 

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- Project is well advanced with granted mining lease, native title agreement, earlier pre-feasibility study, and land ownership.

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