Chris Carter,
Great find, which I would have missed. So thank you!
Prospect Hill project did not get a lot of airtime during the year, even though HAV owns 65% of the tenement with Teale and Brewer. With future feasibility study work, HAV has the ability to take ownership to 85%.
Not many people are aware that Prospect Hill contains South Australia’s largest tin deposit, with a published Inferred Resource of 172,000 tonnes of 1.15% to 90m depth at the South Ridge prospect.
In addition, there is associated anomalous copper, zinc, lead, uranium and silver over a strike length of more than 1km at South Ridge.
Havilah also owns 100% of EL 4275 (30 square km) that adjoins EL4806 immediately to the south and covers comparable age rocks.
Hopefully they have sorted out the conflicting native title claims, to allow Teale and Brewer to undertake the PACE work within 12 months: "work has not been possible for the last two years owing to conflicting native title claims".
Source: http://www.havilah-resources.com.au/pdf/Prospect_Hill_Tin_Project_Update_12Dec2014.pdf
Finally, for those that are interested, geologists Messrs Brewer and Teale presented at the 2014 South Australian Exploration and Mining Conference, relating to the Prospect Hill tin project.
The presentation, entitled “The Prospect Hill Tin Deposit: New Discoveries and Ideas” detailed the results and conclusions of the geological research completed by HAV's joint operation partners:
http://www.havilah-resources.com.au/pdf/Prospect_Hill_Presentation_141201.pdf
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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