Significant stake in the battery metals sector
Largest undeveloped copper sulphide resources with cobalt upside in Australia – 1.3 millions tonnes of copper and 31.6 thousand tonnes of cobalt in two deposits.
Conflict free, low sovereign risk metal source in South Australia
Main highway and transcontinental railway runs through the centre of the tenements. Located close to the regional mining centre of Broken Hill.
Well defined execution strategy to develop two advanced copper-cobalt projects
Targeting at least 34,000 tonnes copper and 100,000 ounces gold annually from existing JORC mineral resources at Kalkaroo and Mutooroo. North Portia has been recently divested in order to provide cash and to allow a focused effort on these higher priority projects.
Exceptional exploration upside within 16,000 square km tenement holding in the Curnamona Craton
Curnamona Copper Belt hosts the stratabound Kalkaroo and North Portia copper-cobalt-gold deposits plus numerous promising prospects and shares strong geological analogies to the prolific Zambian Copper Belt. The Mutooroo Cobalt District hosts widespread copper-cobalt sulphide mineralisation in well defined shear and lode structures readily identified by aeromagnetics and airborne EM surveys.
What a Havilah share buys
- A share of 1.3 million tonnes of copper, 3.2 million ounces of gold and 31.6 thousand tonnes of cobalt in JORC resources that will support new copper-gold-cobalt mining developments by a team who have successfully brought the Portia gold mine into production.
- Appreciable value to be unlocked from unloved projects. A catalyst for the iron ore projects might be SIMEC Mining’s current due diligence work on the commercialisation potential.
- A stake in an exceptional exploration portfolio located within a 16,000 square km tenement holding in the highly prospective Curnamona Craton combined with the proven mine-finding ability of an experienced exploration team.
- $14.7 million in cash payments and a NSR royalty stream from the North Portia copper-gold project in the near term.
- Exposure to a wide range of commodities that will potentially ride the next up trend in the resources cycle namely, gold, copper, cobalt, tin, iron ore, uranium, molybdenum.