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ASX

Projects Summary

On this page regularly updated summary information is provided in pictorial and chart form concerning Havilah’s currently active projects

Project Triangle – most advanced project is at the apex of the triangle

Projects Location – entirely within the Curnamona Province in northeastern SA

Havilah’s Metal Inventory – based on published JORC resource estimates for each project

Cu-Au Project*
Category Res Tonnes Cu Tonnes Au oz Mo kg Co kg
Kalkaroo1 Measured 62,500,000 325,000 967,742 2.77m  
Mutooroo2 Meas+indic+inf 13,127,959 192,000 92,665   17.5m
North Portia3 Indic+Inferred 11,359,665 101,000 234,500 5.68m  
Portia4 Inferred 720,000   67,000    
Total all projects All categories 87,707,624 618,000 1,361,907 8.45m 17.5m
*Based on JORC resources, details released to ASX on:    1. 6/5/09    2. 18/10/10    3. 23/10/10    4. 26/6/09

Fe Project
Category Res Tonnes Fe Grade Fe Cutoff Res target*
Maldorky1 Indicated 147,000,000 30.1% 18% +300,000,000
Maldorky North         +100,000,000
Lilydale         +400,000,000
Total all projects All categories 147,000,000     +800,000,000
1 Based on JORC resources, details released to ASX on 10/6/11
*Conceptual target - there is no certainty that future exploration drilling will achieve a JORC resource of this size

Project Current Status – based on important milestones

Project* JORC Res Pre FS FS ML Comments
Portia
Au
  • Progressing final permitting for Portia open pit with PIRSA.
  • Site planning, financing and contractor negotiations in progress.
Kalkaroo
Cu Au Mo
IP
  • Completed feasibility study for a 4.5Mtpa operation is bankable.
  • Havilah evaluating a low capital operation initially exploiting the shallower gold and native copper zones using a gravity processing plant.
Mutooroo
Cu Co S
IP IP
  • High value ore supports direct shipping for offshore processing.
  • Negotiations with potential partners in China.
North Portia
Cu Au Mo
IP  
  • Granted mining lease, met and mining studies in progress.
  • Potential to follow on after Portia with a flotation/gravity plant to recover copper, gold and molybdenum in oxidized ore.
Maldorky
Fe
IP   IP
  • JORC resource estimation completed, favourable logistics.
  • Permitting, metallurgy and mine planning studies in progress.  
Lilydale
Fe
IP     IP
  • JORC resource drilling continuing in 2011.
* IP: In progress

 

 
     
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