Havilah is looking at exploration drilling in the short-term, either by a PACE grant or if not successful in its PACE application by itself, a "Croziers copper skarn target – 1 km untested strike length either side of an earlier ore grade Cu intercept" per the recent SMC Investor Presentation (see slide 23).
The area of the planned 30 Havilah reverse circulation ('RC') drill holes will apparently be angled to West at 60 degrees and to a nominal depth of 100 metres (see slide 23).
The Croziers Dam prospect lies roughly half way between the Portia and Kalkaroo deposits, in 'Elephant' country
MMG Exploration Pty Ltd ('MMG') had previously drilled and discovered a significant new copper mineralisation at Croziers Dam prospect, per the attached 21 January 2014 ASX release by HAV Management:
http://www.havilah-resources.com.au/pdf/140121_Croziers_Discovery.pdf
MMG diamond drillhole BNG13DDOO1 had discovered hitherto unknown copper mineralisation, with a best intersection of 12.5m of 0.46% copper from 213.5m depth at the Croziers Dam prospect. This drillhole was designed to follow up copper indications in earlier shallow aircore drilling and showed copper anomalism for almost its entire length.
Hopefully, HAV Management is able to find a few 'Elephants' while out hunting.
Cheers
These are only my random 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 expert
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