Havilah Resources Limited · ASX:HAV
Havilah Resources — Shareholder Meeting (December 2019)
21 slides from Havilah Resources's shareholder meeting presentation, Dec 18, 2019
Slide 1: 2019 AGM Technical Review
ASX MEDIA RELEASE 18 December 2019 2019 AGM Technical Review Havilah Resources Limited (Havilah) is pleased to circulate the 2019 Technical Review presentation that will be presented at the 2019 Annual General Meeting today by Dr Chris Giles, Havilah’s Technical Director and Mr Richard Buckley, Havi
Slide 2: AGM 2019 Technical Presentation
Multi-Commodity Minerals Portfolio in South Australia AGM 2019 Technical Havilah Resources 1 Presentation 18/12/2019
Slide 3: Cautionary and Competent Person's Statement
Cautionary and Competent Person’s Statement CautionaryStatement The information contained in this presentation is not financial product advice. The presentation is for information purposes and is of a general and summary nature only. Neither Havilah Resources Limited (Havilah) nor any member of the
Slide 4: Corporate snapshot at close of 2019
Corporate snapshot at close of 2019 Havilah recapitalised: Successful non-underwritten rights issue supported by major shareholders ($3.6 million raised to date with shortfall expected to be placed). Investec debt facility fully repaid and security held by Investec over Kalkaroo and Mutooroo h
Slide 5: Technical snapshot at close of 2019
Technical snapshot at close of 2019 Kalkaroo PFS released – positive independent PFS with pre-tax NPV7.5% of A$564 million*. 13 year production period with average annual production of 30,000 tonnes of copper and 72,000 ounces of gold. Grants Exploration Target – 3.5-3.8 billion tonnes of 24-28%
Slide 6: Havilah ticks investment boxes for a resource stock
Havilah ticks investment boxes for a resource stock Low sovereign risk jurisdiction – with a mining friendly government in South Australia that actively encourages mineral development. Favourable logistics and infrastructure – close to regional mining centre of Broken Hill; the main east-west ra
Slide 7: Advanced mineral projects summary
Advanced mineral projects summary Jupiter MT target lies approx. 40km to north Copper – Gold – Cobalt • Kalkaroo: Positive independent prefeasibility study (PFS) (refer to ASX release of 18 June 2019). − Confirms viability of a large scale open pit copper mine. − 100 Mt JORC Ore Reserve (474,000 ton
Slide 8: Kalkaroo: Positive independent PFS (being updated)
Kalkaroo: Positive independent PFS (being updated) Key PFS outcomes: 3.5 km long, > 200m deep open pit • Pre-tax NPV7.5% of A$564 million.* • IRR of 26%.* • Average annual production: − 30,000 t copper − 72,000 oz gold • 13 year production period. • A$332 million pre-production capex.* • De-risked p
Slide 9: Mutooroo: Potential high grade open pit copper mine
Mutooroo: Potential high grade open pit copper mine • 16 km to rail line; daily commute to Broken Hill. • 1.5% copper and 0.14% cobalt grade in conceptual shallow open pit and underground. Havilah's resource drilling is mostly above 150 metres. Earlier diamond drillholes intersected the sulphide lod
Slide 10: Grants Basin iron ore: A large Exploration Target
Grants Basin iron ore: A large Exploration Target* Grants West 304 Mt @ 24% Fe Inferred Resource Interp. base of iron ore from drilling to date Grants Basin as defined by donut shaped aeromagnetic feature Target area for proposed resource drilling program More than 75% of the Grants Undrilled Area B
Slide 11: Grants Basin iron ore cross-section
Grants Basin iron ore cross-section • A large basin shape, the deepest hole so far is 624m with 488m of continuous iron ore at 24.57% Fe.* • Extensive surface outcrop indicating a potentially very low waste:ore ratio for an open pit mine. • Coarser-grained, higher grade zones that can potentially be
Slide 12: Kalkaroo: Near mine resource expansion potential
Kalkaroo: Near mine resource expansion potential A large copper mineralised system of interest to a major • Conceptually based exploration drilling returned encouraging intersections at three prospects within 5 km of Kalkaroo. • Untested resource extensions of Kalkaroo deposit where mineralisation i
Slide 13: Mutooroo Copper-Cobalt District prospectivity
Mutooroo Copper-Cobalt District prospectivity Many high quality prospects to explore • A major new copper-cobalt province identified in northeastern South Australia. • Numerous prospects dating from the1960’s within 10 km of the Mutooroo deposit. • Ore-grade copper drilling intersections at King Bro
Slide 14: Regional exploration: Curnamona copper belt
Regional exploration: Curnamona copper belt • Kalkaroo style mineralisation in a > 200 km long, prospective horizon (blue dashed line). • Several well mineralised major structural domes (eg Kalkaroo, Benagerie, Eurinilla, Lake Charles). • Strong geological analogies to the prolific Zambian Copper Be
Slide 15: Many promising drilling targets
Many promising drilling targets Benagerie Dome exploration prospects (North Portia excluded) eg Benagerie Dome IOCG and Examples of skarn targets – breccia and fault-controlled skarn host iron-rich rocks with Bassanio IOCG target magnetic copper exploration drilling by BGC of Broken Hill. HAV bodies
Slide 16: Rare-earth mineralisation in Curnamona copper belt
Rare-earth mineralisation in Curnamoma copper belt The copper mineralised domes also have REE mineralisation potential, including for Samarium (Sm) and Neodymium (Nd) used in super-strong magnets for electric vehicle motors • Review of MMG JV diamond drilling results for Croziers and Eurinilla prosp
Slide 17: Jupiter MT target – greenfields exploration
Jupiter MT target – greenfields exploration An untested conductive zone (C2) Jupiter MT target (conductive zone) Jupiter MT target More conductive zone – possible mineralising fluid conduit Curnamona Line Olympic Dam MT sections lines on aeromagnetics Olympic Dam deposit • Magneto-tellurics (MT) is
Slide 18: MT conductive zones may be the explorers' holy grail
MT conductive zones may be the explorers’ holy grail Ore fluid pathways along Most basemetal and gold deposits have a fundamental faults – possibly shown by MT conductive zones structural (fault or fracture) control • If one can find the underlying feeder or conduit for the original mineralising sol
Slide 19: How Havilah is applying this new knowledge
How Havilah is applying this new knowledge • Public access gravity data has identified a 2 km diameter circular feature and a gravity ridge extending northwards to Jupiter. Havilah is presently extending the detailed gravity coverage over Jupiter.* • Havilah plans to extend collaboration with the Un
Slide 20: 2020 execution strategy and expected news flow
2020 execution strategy and expected news flow Focus on attracting investment in advanced projects and making new exploration discoveries • Kalkaroo copper-gold-cobalt: Update PFS to incorporate positive new metallurgical results and re- optimised open pit. Completion planned during 2Q 2020. • Mutoo
Slide 21: 2019 JORC Ore Reserve and Mineral Resources
2019 JORC Ore Reserve and Mineral Resources JORC Mineral Resources as of 31 July 2019 JORC Ore Reserves as of 31 July 2019 Footnotes to 2019 JORC Ore Reserve and Mineral Resource Tables Numbers in tables are rounded ¹ Details released to ASX: 18 June 2018 (Kalkaroo) ² Details released to ASX: 18 Oct
Havilah Resources — Shareholder Meeting (December 2019) on 6ix