🕐17.03.14 - 05:54 Uhr
[HAV ANNOUNCEMENTS] KALKAROO TECHNICAL VIDEO PRESENTATION
Dear Shareholders
For the technically inclined, and for those who would like to learn more
about how Havilah went about discovering the large copper-gold resource at
Kalkaroo, please check the following link, which is a video of a
presentation given by Havilahs Managing Director, Dr Chris Giles, at an
Australian Institute of Geologists talk in Adelaide in October 2012.
It is
an interesting example of how thoughtful and systematic exploration work
can lead to major discoveries and generate wealth for shareholders.
This video details how Havilah, after it first acquired the project in
2003, used the Vulcan 3D software to integrate the extensive drilling data
of Placer, Newcrest and MIM into a geological exploration model.
In 2004,
65 consecutive RC drillholes designed by Havilah to test the Kalkaroo 3D
geological model, all intersected ore-grade mineralisation and resulted in
expansion of the resource from Placers 5-10Mt estimate to 70Mt within a
period of twelve months.
Subsequent drilling has continued to expand the
copper-gold resource to over 140Mt, and going forward Havilah believes that
it can apply its detailed understanding of the geology of the deposit to
drill-target areas for further expansion of the resource.
The presentation is available on the Havilah web site
www.havilah-resources.com.au
via this youtube link:
*https://www.youtube.com/watch?v=pge1exs1AQk
*
In the meantime, Havilah continues with its mine permitting activities with
the objective of being able commence construction of the Kalkaroo mine in
2015, subject to prevailing economic circumstances and suitable financing
arrangements being in place.
Dr Chris Giles
Managing Director
31 Flemington Street, Glenside, SA 5065, Australia
Tel: 08 8338 9292
| www.havilah-resources.com.au
Products & Services | Jobs
|