HAV 2.50% 19.5¢ havilah resources limited

Ann: ExchangeSA Presentation, page-11

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  1. 928 Posts.
    lightbulb Created with Sketch. 1017
    HAV did release some handy drill results - they just got buried in the quarterly report. Not sure why they took so long to release them and why they were released as part of the quarterly report. There is good news in there, it just wasn't presented very well - possibly because management is conservative and would rather present the worst case scenario rather than the best case scenario.

    From page 4 of the quarterly report (and there are more on other pages).

    Note that AC holes PTAC324 to 350 listed below were drilled in late 2016 on a 10 x 10 metre spacing on the pit floor in order to provide more detailed information on gold distribution and possible controls. Results returned some sporadic, localised high grade results as detailed in the following table.

    Hole Pit Area From To Intersection Comments
    PTAC324 Central 19-24 = 5m @ 41.19 g/t Au
    PTAC328 Central 28-29 =1m @ 15.75 g/t Au Pyritic
    PTAC329 Central 16-17 = 1m @ 6.29 g/t Au
    PTAC330 Central 7-10 = 3m @ 8.01 g/t Au And 28-29 = 1m @ 7.49 g/t Au
    PTAC334 Central 11-14 = 3m @ 1.40 g/t Au
    PTAC335 Central 14-16 = 2m @ 4.39 g/t Au
    PTAC336 Central 27-30 = 3m @ 19.83 g/t Au Pyritic
    PTAC337 Central 23-24 =1m @ 5.79 g/t AU
    PTAC338 Central 20-25 = 5m @ 1.76 g/t Au
    PTAC342 Central 1-8 = 7m @ 11.66 g/t Au and 13-16 = 5m @ 3.20 g/t Au and 20-24 = 4m @ 17.85 g/t Au and 26-27 = 1m @ 1.95 g/t Au and 27-30 = 3m @ 56.26 g/t Au Pyritic
    PTAC343 Central 15-17 =2m @ 29.65 g/t Au
    PTAC347 Central 9-10 = 1m @ 2.76 g/t Au and 21-22 = 1m @ 3.75 g/t Au
    PTAC348 Central 26-28 = 2m @ 5.81 g/t Au
    PTAC349 Central 10-26 = 16m @ 12.51 g/t Au incl 17-24 = 7m @ 27.11 g/t Au
    PTAC350 Central 37-40 = 3m @ 2.57 g/t Au Pyritic

    Clark888 - Whilst HAV can't release a Jorc resource - have you had a go at updating your model for gold in the pit floor?
 
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