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HAVILAH RESOURCES NL

ASX: HAV

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

* Aiming to become a significant copper, gold, cobalt and molybdenum producer from mining operations to be developed on four advanced projects, namely Kalkaroo, Mutooroo and Portia and North Portia.

* Interests in iron ore (Lilydale Iron Ore Project & Maldorky Iron Ore Project), tin (Prospect Hill Project) and hard rock uranium (Radium Hill Project).

* Extensive surrounding exploration tenements in the highly mineralised Curnamona Province of north-eastern South Australia, with good prospects for new discoveries of copper, gold, molybdenum, lead, zinc, cobalt and uranium.

* Strategic interests in uranium explorer Curnamona Energy Limited (45.4%), hot rock geothermal explorer Geothermal Resources Limited (58%) and Gawler Craton explorer, Monax Mining Limited (3.5%).

Exploration Potential

* Havilah controls more than 6500 square kilometres of continuous tenements in the well mineralised Curnamona Province that is prospective for a variety of commodities, including copper, gold, molybdenum, lead, zinc, cobalt and uranium.
* Geological setting of granite-cored structural domes that are cut by large regional fracture systems is conducive to the formation of major mineral deposits.
* Over $80 million (in current dollars) spent by major companies in the past has led to the discovery of numerous promising prospects, many with ore-grade intersections that have not been adequately drilled (see map).
* Extensive cover has masked the mineralisation, but geophysics, detailed knowledge of the regional geology and in-house drilling capacity has turned this to an advantage for Havilah (eg at Kalkaroo and Mutooroo, where Havilah’s drilling has outlined sizeable mineral deposits).
* Probability for discovery of repetitions of Kalkaroo style copper-gold-molybdenum mineralisation are high both in the Kalkaroo north and south domes and in other domes (eg Lake Charles, Eurinilla, Benagerie, Portia and North Portia domes).
* Widespread lead-zinc mineralisation in a particular horizon that is recognised throughout the region as the Broken Hill lode equivalent (eg at Deep Well and McBrides Dam prospects).
* Uranium mineralisation well known in Tertiary palaeochannel sands from the Beverley, Honeymoon and Oban discoveries.
* Major new mineral discoveries on Havilah’s ground are highly probable, and the Curnamona Province is likely to be transformed into a significant new metal mining province over the next decade.

Mine For

gold, copper, molybdenum, iron ore, copper, cobalt, uranium, lead, zinc

Location of operation(s)

South Australia

Address

AMF Centre , 63 Conyngham Street
GLENSIDE, SA, AUSTRALIA

Phone

08 8338 9292

Email

Website


Last Updated

5/4/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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