| Announcement Date: | 2022-01-17 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Havilah Resources Ltd. |
| Project name: | Mutooroo |
| Location: | Australia |
| Commodities: | Gold,Copper,Cobalt |
| Highlight: | Drilling results incl. 5m @ 1.7% Cu, 0.18% Co, 0.13g/t Au from 95m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Havilah Resources Limited (Havilah or the Company) (ASX: HAV) is pleased to report assay results for the first reverse circulation (RC) drillholes from the current PFS open pit resource extension drilling program at the Mutooroo copper-cobalt deposit (Mutooroo), 60 km from Broken Hill (Figure 1, Table A). Recent drilling confirmed the presence of 1-5 metre thicknesses of copper-cobalt massive sulphide lode, consistent with historical records of the sulphide lodes in cross-cuts in the mine workings in the vicinity (Figures 2 and 3) with significant results of A trend of increasing grade-thickness of the copper-cobalt sulphide lode with depth in drillholes MTRC232 and MTRC233 (see cross-section A-A’, Figure 4) is encouraging because elsewhere at Mutooroo such trends have pointed to appreciable (>15 metre) thicknesses of sulphide mineralisation at depth. Further deeper drilling beneath drillhole MTRC233 will be required to test this case. Also of note is a second shallower (hangingwall) lode intersected in drillhole MTRC235 (see cross-section B-B’, Figure 5). The hangingwall lode corresponds |
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