Rare Earth Potential Confirmed by Expert

• Rare earth element (REE) discovery potential in the Curnamona Craton highlighted by independent expert, Emeritus Professor Ken Collerson.
• Remarkable geochemical similarities noted with carbonatites from the largest REE deposit in the world at Bayan Obo in China.
• Based on Professor Collerson’s recommendations, Havilah proposes to carry out REE mineralogical and metallurgical recovery studies on drill samples from the Kalkaroo copper-gold project and Croziers copper prospect over the next few months.
• Havilah’s other project work and exploration drilling to be funded by the recent rights issue will continue as planned and will not be affected by the proposed REE studies.
• REE are of relevance and strategic importance given the Australian Government’s recent efforts in promoting international investment in the development of critical minerals resources within Australia.

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