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Havilah Resources Ltd.
Summary
| Project: | Mutooroo | |
|---|---|---|
| Deposit: | Mutooroo | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Gold | |
| Date: | 6/5/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-6-2020: Havilah Resources Ltd. announces a Resource Estimation report for its Mutooroo deposit at the Mutooroo project. Updated Mineral Resource Estimate for Project. Havilah Resources Limited (Havilah or Company) reports it has estimated a new cobalt a | |
| Resources: | (Resources, Total): 12.5Mt @ 1.53% Cu, 0.16% Co, 0.2g/t Au Sulphide at Mutooroo | |
| CP/QP: | [Resource] Chris Giles (Internal) | |
| ABSTRACT: | Havilah Resources Limited (Havilah or Company) reports it has estimated a new cobalt and gold Inferred JORC Mineral Resource for its Mutooroo copper-cobalt-gold project (Mutooroo) near Broken Hill of 6.683 million tonnes of 0.17% cobalt and 0.17 g/t gold. When added to the previously estimated Measured and Indicated JORC Mineral Resources (refer to ASX announcement of 18 October 2010), the total combined Mutooroo sulphide resource is 12.53 million tonnes of 1.53% copper, 0.16% cobalt and 0.20 g/t gold for a total 20,000 tonnes of cobalt and 80,600 ounces of gold as summarised in Table 1 below. This new cobalt and gold Inferred JORC Mineral Resource was estimated by Havilah using the previously reported Mutooroo copper sulphide Inferred JORC Mineral Resource shell (refer to ASX announcement of 18 October 2010). In that previous resource estimation there was insufficient assay data to define either a JORC Inferred cobalt or gold resource, as noted at the time. | |
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