Largest cobalt credits s in Australia, page-3

Cobaltq,

Short answer, YES!

Long answer, keep reading …

Havilah has abundant potential cobalt resources at both Mutooroo and Kalkaroo.

Mutooroo
Mutooroo’s published JORC resource has 17,500 tonnes of Cobalt.

Only approximately 50% of 2 kilometres of strike has been drilled to depth. This is only due to a lack of funds. So there is plenty more upside.

See the following Mutooroo presentation for its location relative to both Kalkaroo and Portia, as well as much more information on Mutooroo:

http://www.havilah-resources.com.au/pdf/Mutooroo_Presentation_1212.pdf

Also, see the Mutooroo Youtube video (if you have not already viewed it):



Watch carefully the body language of Dr Giles in this video. He is just itching to drill out the remainder of the Mutooroo strike!

Kalkaroo
While Kalkaroo has some cobalt at depth, it is not currently shown in the Kalkaroo JORC resource table.

"Significant cobalt credits also occur in parts of the deposit, but they too were not incorporated into the resource model. The economic impact of this mineralization has therefore not been taken into account in the financial models, and this is a task that will be addressed in more detail in for future studies."

"The pyrite concentrate will be retained as it carries approximately 0.28% cobalt."
Source: http://www.havilah-resources.com.au...ond_New_(Copper-Gold)_Mine_in_SA_2Mar2015.pdf

The following presentation (last slide) shows where, within the ore lens, the cobalt is located:

http://www.saexplorers.com.au/presentations/2012/1015_Giles.pdf

Hope this helps!!

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