HAV 2.86% 17.0¢ havilah resources limited

Mining giants First Quantum to conduct new drill program "next door.

  1. 12 Posts.
    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"

 
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