Havilah hits new copper at Kalkaroo

THE DRILL SERGEANT: Havilah Resources has received assay results for the upper part of a diamond drillhole the company reported in May to have visible copper mineralisation.

The assay results include:

–    13 metres at 0.99 per cent copper and 1.05 grams per tonne of gold from 198 metres downhole.

According to the company this intersection is from a previously unknown structure above the usual Kalkaroo prospective sequence.

 

Plan showing location of recent deep diamond drillholes with respect to proposed Kalkaroo open pit. Source: Company announcement

“The mineralisation appears to be hosted in a low angle, conformable fracture as a vein-filling with the tenor of the mineralisation about twice that of normal Kalkaroo grades,” Havilah said in its ASX announcement.

 The company has also received assays from what it has identified to be a prospective sequence interval in another drill hole that it said confirms an extension of the ore zone down dip from the known resource.

This included an intersection of:

–    33m at 0.37 per cent copper and 0.27g/t gold from 365m downhole.

In common with adjacent drillholes it also includes a molybdenum bearing zone containing:

–    8m at 533 parts per million molybdenum from 376m downhole.

“Core logging, cutting and assaying is still underway on remaining drillholes,” Havilah said.

“Upon compilation and thorough evaluation of all data for the Kalkaroo deep drilling program, consideration will be given to further follow up drilling of the newly identified mineralisation…, given its proximity to the current open pit.”