For thousands of other reports visit RSC's Mineral Intellingence Map
Havilah Resources Ltd.
Summary
| Project: | Kalkaroo | |
|---|---|---|
| Deposit: | Kalkaroo | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-3-2017: Havilah Resources Ltd. announces a Resource Estimation report for its Kalkaroo deposit at the Kalkaroo project. Updated Mineral resource Estimate at Kalkaroo. Havilah Resources Limited (Havilah or the Company) is pleased to announce a new Miner | |
| Resources: | (Resource, Total): 232.5Mt @ 0.49% Cu, 0.37g/t Au for 1.14Mt Cu, 2.77Moz Au contained at project | |
| CP/QP: | [Resources]: Dr. Chris Giles (Internal) | |
| ABSTRACT: | Havilah Resources Limited (Havilah or the Company) is pleased to announce a new Mineral Resource estimate for its 100% owned Kalkaroo Copper-Gold Project situated on the Company owned Kalkaroo Station near Broken Hill. The new resource estimate is: 232.5 million tonnes at 0.49% copper and 0.37 g/t gold for 1.14 million tonnes of contained copper and 2.77 million ounces of contained gold (at a 0.4 % copper equivalent lower cut-off) in JORC measured, indicated and inferred resources as summarised in Table 1. This excludes a substantial gold cap of 21.7 million tonnes at 0.74 g/t gold for 515,000 ounces of contained gold (using a 0.2 g/t lower cut-off, see Table 1). The Kalkaroo deposit does not outcrop, and the revised resource incorporates all drillholes in the earlier 2012 resource model plus some additional drillholes that have been previously reported. An experienced independent resource geologist incorporated the updated geological interpretations and additional drilling data provided by Havilah into the new resource model. A detailed summary of the resource estimation methodology used and all of the supporting data is provided in Appendix 1, which is taken from Table 1 of the 2012 version of the JORC code. During the process extensive consistency checks were run against the 2012 resource model, and for the measured and indicated resources, the contained copper and gold metal contents are within the limits of estimation errors for the two models. The inclusion of a sizeable inferred resource component for the first time brings Havilah’s reporting in line with its peers who have reported appreciable inferred resources for their copper deposits (eg Rex Minerals and Altona Mining). The grade-tonnage curves attached demonstrate the potentially large metal inventory available if mining efficiencies allow lower cut-off grades to be achieved and highlight the very substantial copper potential of the Kalkaroo deposit. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report