HAV 6.52% 21.5¢ havilah resources limited

Top 20 Gold Deposits in Australia

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    Havilah's 100% owned Kalkaroo project has 1.407 Moz of gold (Reserves) and 3.1 Moz of gold (Resources), that would put it within the Top 20 Gold Deposits in Australia list.  See below.

    This is on a gold-only basis, Kalkaroo also has a lot of copper which would bump the AuEq (converting copper to gold, based on current spot metal prices) to ~7 million ounces AuEq JORC Mineral Resources. It could be argued that Kalkaroo is a copper-gold project, but then so are Cadia, Telfer and Boddington, which are all included in the slide below. Also, Havilah is planning to start-up Kalkaroo as a gold-dominant operation.



    Top 20 Gold Deposits in Australia.jpg   
    Source: https://www.asx.com.au/asxpdf/20200915/pdf/44mn0lqnrcffjt.pdf [see last 2 Slides]

    In particular, the 'Appendix' table in the Red 5 presentation would put Kalkaroo as the highest 'proved' reserve percentage (91.1% proved; 8.9% probable).

    On a proved JORC Ore Reserve basis, Kalkaroo has 1.282 Moz of gold (Proved Reserve).

    Cheers

    These are only my 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 experts.
 
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