As Havilah Resources' Technical Director Chris Giles explains, the Company’s flagship Kalkaroo copper-gold deposit in the Curnamona Craton is in an ideal position to capitalise on South Australia’s strong history of unearthing the copper deposits of the future.
“The outlook for copper on that basis is pretty bullish and I’d be very surprised if copper doesn’t stay above $US6000 ($8620) for quite a while until supply and demand evens out.”
Havilah Resources is still in its early stages, seeking the capital support of a larger investor, but with all this in mind, Giles is confident for the company’s future in South Australia.
The importance of copper as an essential part of South Australia’s future was highlighted at the Copper to the World conference during June.
Read more in the following article, published today:
@benboy77
12 months ago spot gold was trading at A$2,220/oz. It is currently A$2,835/oz.
An increase of A$615/oz (or 27.69%).
Reminder: Kalkaroo Project has JORC Mineral Resources of 3,186,900 gold ounces (of which 1,407,000 gold ounces are a JORC Ore Reserve).
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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