Havilah Resources reports the Portia gold mine production numbers for the month of June. Gold production in June 86% higher than May at 849 oz. Record monthly processing plant ore throughput of 42,000 tonnes. Cyclone installation to be completed in July to allow further increase in throughput. - Total nugget inventory increased to 310 ounces (Approximate value $0.5 million). Background Key points from the production [...]
Havilah Resources is pleased to announce that 7.2 million of its listed options that expired on 30 June 2017, were exercised by shareholders, raising a sum of $2.1 million. Many Havilah shareholders exercised their options including the majority of Havilah's larger long term private shareholders, notwithstanding the small margin between the option exercise price and the share price at the time. All directors and the CFO [...]
Havilah Resources is pleased to announce that the legal representatives of the Adnyamathanha people have advised in writing that at a recent Adnyamathanha committee meeting, in principle agreement was reached for the compensation and other terms of a Native Title Mining Agreement (NTMA) for the Kalkaroo Copper- Gold Project. This is conditional upon drafting of a formal NTMA that incorporates these terms in a mutually [...]
In accordance with its stated intention in the last quarterly report, Havilah Resources reports the Portia gold mine production numbers for the month of May. Highlights - Low gold production in May, which has recently turned upwards as higher grade saprolite gold ore is now being processed. - Plant performance has greatly improved as earlier modifications take effect. - Average gold grade of ore treated to date is [...]
Havilah Resources is pleased to attach an updated version of its presentation, entitled "A New Mining Force in South Australia" which was presented by Managing Director, Dr Chris Giles on 8 June at the ExchangeSA Conference. This presentation summarises progress on the Portia gold mining operation and the very substantial future upside potential in Havilah's copper-gold-cobalt projects. The presentation will also be [...]
Havilah Resources is pleased to provide the Company's Quarterly Activities Report for the period ending 30 April, 2017. HIGHLIGHTS FOR QUARTER - Portia processing plant throughput increased by 14%, resulting in record throughput for the quarter, however gold produced has decreased by 72% due to processing lower grade ore. - Year-to-date C1 Cash Cost increased to $509 and AISC increased to $748 per ounce, mainly due to [...]
Havilah Resources is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Wanbao Mining for the completion of a pre-feasibility study (PFS) for the Kalkaroo Copper-Gold Project in northeastern South Australia. This follows on from a six month period of due diligence conducted by Wanbao on the Kalkaroo Project and the recent announcement of an upgrade of the Kalkaroo resource. Wanbao, at its [...]
Havilah Resources is pleased to report first assay results from its PACE (Program for Accelerated Exploration) supported drilling program at the Croziers copper prospect 100 km northwest of Broken Hill, including: CCRC 003: 5 metres of 0.90% copper from 69 - 74 metres CCRC 004: 20 metres of 0.54% copper from 75 - 95 metres CCRC 005: 15 metres of 0.45% copper from 83 - 98 metres HIGHLIGHTS - A shallow, well mineralised [...]
The Board of Directors submits herewith the Interim Financial Report of Havilah Resources and its subsidiaries for the financial half-year ended 31 January 2017. Highlights - Group Operations - Portia Gold Mine total gold sales exceed 20,000 ounces (10,000 ounces attributable to Havilah). - Approvals received for 120 metre south wall cutback to the Portia Gold Mine, which will potentially extend the mining operations [...]
Havilah Resources 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. Highlights - Kalkaroo contained copper metal increased by more than 80% to 1.14 million tonnes and contained gold by more than 60% to 2.77 million ounces (excluding 0.52 million ounce gold cap). - New resource estimate follows inclusion [...]
Havilah Resources is pleased to provide an accompanying video to the Company's Quarterly Activities Report for the period ending 31 January, 2017. HIGHLIGHTS FOR QUARTER - Portia Gold Mine sales exceed 20,000 ounces, debt fully repaid and gold hedges closed out. - Approvals received for 120 metre south wall cutback that will potentially extend Portia mining operations by a further 12 months. - New scrubber procured [...]
Havilah Resources has made frequent reference to its substantial 915,000 tonne copper and 2.33 million ounce gold JORC mineral resource inventory in northeastern South Australia (refer resources table in the link below). These copper-gold resources also contain substantial cobalt. With the predicted cobalt demand now materialising it is opportune to outline Havilah's strategy to develop its minerals portfolio and become a [...]
