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Havilah Resources Ltd.
Summary
| Project: | Portia | |
|---|---|---|
| Deposit: | North Portia | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 11/28/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 28-11-2017: Havilah Resources Ltd. announces an Exploration/Drilling Update report for its North Portia deposit at the Portia project. Drilling results incl. 17m @ 1.15% Cu, 0.81g/t Au from 81m. Havilah Resources Limited plans to sequentially develop its | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Chris Giles (Internal) | |
| ABSTRACT: | Havilah Resources Limited plans to sequentially develop its portfolio of gold, copper, iron, cobalt, tin and other mineral resources in South Australia. Our vision is to become a new mining force, delivering value to our shareholders, partners and the community. Havilah Resources Limited (Havilah) has recently completed a further round of drilling at the North Portia CopperGold deposit (North Portia), comprising 23 aircore holes for a total 2,662 metres. Better results include: All holes were drilled into the upper secondary enriched zone of the deposit above approximately 140 metres depth with the objective of better defining this part of the resource in order to improve confidence in the resource model. Other holes, not reported here, were also targeted in peripheral areas of the deposit to more accurately define the limits of economic mineralisation and generally returned low to subeconomic grades as expected. This new drilling data will now be incorporated into a revised resource block model that will be used in mine planning and mine design studies as part of the prefeasibility study (PFS) that is presently being jointly conducted Long section through Portia – North Portia section www.havilah-resources.com.au HAVILAH RESOURCES LIMITED Page 2 For further information visit www.havilah-resources.com.au Contact: Mr Walter Richards, Chief Executive Officer, on (08) 8155-4500 or email: [email protected] with Consolidated Mining and Civil Pty Ltd (CMC), Havilah’s mining partner at the Portia Gold Mine (Portia) (refer to ASX announcement 22 November 2017). | |
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