KALKAROO PROJECT AND OPTION WITH OZ MINERALS
A large scale potential open pit copper-gold-cobalt
project in northeastern South Australia
SUMMARY
Kalkaroo is one of the larger undeveloped open pit copper deposits in Australia on a 0.89% CuEq Ore Reserve basis.
Contains 1.1 million tonnes of copper, 3.1 million ounces of gold and 23,200 tonnes of cobalt in Measured, Indicated and Inferred JORC Mineral Resources.
OZ Minerals is presently undertaking a comprehensive Study Program over a period of 18 months (commenced 1 September 2022, unless extended or suspended earlier) with the aim of completing an updated PFS on Kalkaroo.
ONE OF AUSTRALIA'S LARGER UNDEVELOPED
OPEN PIT COPPER-GOLD DEPOSITS
SUBSTANTIAL RESOURCES
100 Mt Ore Reserve (90% Proven) based on 1.1 Mt of copper, 3.1 Moz of gold, 23.2 Kt of cobalt in JORC Mineral Resources.
OZ MINERALS PFS UPDATE
Earlier PFS show NPV's many multiples of Havilah's market cap. OZ Mineral's present comprehensive Study Program will update the PFS and inform their decision on exercising the Kalkaroo Option for $205 million.
OZ MINERALS STRATEGIC ALLIANCE
Very substantial near mine potential is being explored under the Strategic Alliance with OZ Minerals.
DIVERSE METALS PORTFOLIO
JORC Mineral Resources for gold, copper and cobalt that provide good exposure to multi-metal commodity cycles plus potential for molybdenum and REE by-products.
OWNERSHIP
100% ownership of secure mining tenure and surrounding land in low sovereign risk,
mining friendly,
South Australia.
APPROVALS
Mining Leases granted.
No known environmental permitting or development issues.
REGULATION
World's best mining practice
and environmental protection
are enforced in
South Australia.
LOGISTICS
Proximity to railway line, sealed highway and regional mining centre of Broken Hill.
HISTORY
LATEST ANNOUNCEMENTS
OZ Minerals Options Kalkaroo and Initiates a Strategic Alliance
Havilah Shareholders Approve Kalkaroo Option
