Exciting news from Uranium miner Boss Energy today, announcing an earn-in/JV with with mining majors First Quantum on Boss' non-core assets.
An excerpt from the announcement:
"The nearby Kalkaroo deposit is a stratabound replacement style Cu-Co-Au deposit hosted within the Portia Formation, which forms part of the Palaeoproterozoic Wilyama Supergroup. The deposit is owned by Havilah Resources (ASX: HAV) and is located ~12km west of the Honeymoon mine site. It is one of the largest undeveloped open pit copper deposits in Australia on a CuEq Ore Reserve basis, containing ~1.1 Mt Copper, 3.1 Moz gold and 23.2 Kt cobalt.
Havilah also own the Mutoroo deposit, located ~62km south of the Honeymoon mine site which contains a JORC Mineral Resource of 195,000 tonnes copper, 20,200 tonnes cobalt and 82,100 oz of gold.
Furthermore approximately ~40km to the northeast of Honeymoon are the Portia (Au) and North Portia (Cu, Au, Mo) deposits, with the latter containing a JORC resource of 101,000 t copper and 234,500 oz of gold"
HAV Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
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