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Havilah Resources Ltd.
Summary
| Project: | Kalkaroo | |
|---|---|---|
| Deposit: | West Kalkaroo | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/12/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-5-2020: Havilah Resources Ltd. announces an Exploration/Drilling Update report for its West Kalkaroo deposit at the Kalkaroo project. Drilling results incl. 5m @ 4.56g/t Au from 50m. Havilah Resources Limited (Havilah or Company) is pleased to report g | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dr. Chris Giles (Internal) | |
| ABSTRACT: | Havilah Resources Limited (Havilah or Company) is pleased to report gold assay results received for its ongoing shallow gold resource drilling at West Kalkaroo. This drilling is being carried out by Havilah’s drilling crew using the aircore (AC) drilling method, which is suited to clayey material and soft decomposed rock. The specific objectives are to define a gold resource in Tertiary age Namba Formation clays and to better define the underlying saprolite gold mineralisation within the confines of a conceptual starter open pit (Figure 1). This mineralisation occurs in a near horizontal layer in Namba Formation clays, near the base of the Tertiary age sediments. These flat-lying sediments lie unconformably on the ancient (ca 1600 Ma) metamorphosed bedrock that is the primary source of the gold (Figures 2 and 3). At this location, at the eastern end of the conceptual starter open pit, the base of Tertiary gold-mineralised layer is more than 20 metres deeper than in the west and appears to be following the deepening bedrock surface (refer to ASX announcement of 16 April 2020). This gold mineralisation is not included in any resource at this stage, but is likely to be of economic importance because it occurs in what would normally be considered as waste overburden material that must be removed to access the underlying copper-gold orebody. | |
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