PFS, page-40

Can anyone remember the last time we had a positive announcement?

For me, the last positive announcement from Havilah was on 27 October 2017 re: Potential IOCG Target Identified by New Geophysical Results. See below:



The results of this research have identified a prominent vertical low-resistivity feature (a 'spout') rising to the surface, comparable wiht that seen beneath the Olympic Dam orebody. HAV has named it the Jupiter MT anomaly. Notably, this feature corresponds closely with a regional aeromagnetic anomaly.

This vertical feature at Olympic Dam has been interpreted as a possible feeder zone for metalliferous fluids from a more conductive and potentially copper rich part of the deep crust in this region.

While highly speculative, the significance of the Jupiter MT anomaly seems to have been missed or misunderstood by the general market and HAV shareholders (the MT experts are genuinely excited by the remarkable analogy to the distinctive Olympic Dam signature).

See also the University of Adelaide paper below:

http://www.havilah-resources.com.au...A_DD_2017_Graham_Heinson_07_December_2017.pdf

The positive part of the above, the Jupiter MT anomaly is across Havilah's mineral tenements. In addition, to the immediate east of the Jupiter MT anomaly Havilah Management was able to acquire the mineral tenements it did not already hold.

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