Havilah Resources Limited · ASX:HAV
Havilah Resources — Investor Presentation (January 2013)
45 slides from Havilah Resources's investor presentation, Feb 1, 2013
Slide 1: Havilah Investor Presentation (ASX Media Release)
63 Conyngham Street Glenside 5065 South Australia phone 61 8 8338 9292 fax 61 8 8338 9293 email info@havilah-resources.com.au HAVILAH RESOURCES NL ABN 39 077 435 520 For personal use only ASX / Media Release 31 January 2013 Havilah Investor Presentation Havilah Resources is pleased to attach a recen
Slide 2: Havilah Resources: A High Quality Discovered Resource Base
For personal use only HAVILAH RESOURCES A High Quality Discovered Resource Base Unrecognised and Undervalued Peter Reeve – Executive Director
Slide 3: Disclaimer
For personal use only Disclaimer • 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. Havilah Resources NL (Havilah) nor any member of the Havilah Group of companies, gives no warra
Slide 4: Havilah Strategy and Philosophy
Havilah Strategy and Philosophy • Exploration is the ongoing & proven key value creation strategy for Havilah For personal use only • 8000 km2 tenements 90 km west of Broken Hill in the Curnamona Craton • Havilah’s discovery culture has yielded 8 discoveries in 8 years with only a small portion of t
Slide 5: Havilah Project and Resource Summary
For personal use only Havilah Project and Resource Summary • Portia Gold Project – 67,000oz gold resource • Kalkaroo Copper Gold – 124Mt @ 0.5% Cu, 0.4g/t Au for 600kt Cu, 2.0 Moz Au • Iron Ore Projects – South Australian Braemar Iron Formation; - Maldorky - 150 Mt @ 30% Fe (Upgradable to plus 60%Fe
Slide 6: Havilah Projects Summary
For personal use only Havilah Projects Summary Project Commodity Scale Key Attribute Production Comments Quick Cashflow over 1 Portia Gold 50,000 ozs Single year production 2013 year. Extension likely Maldorky Iron ore 147 M t No overburden, infrastructure 2015 Both iron projects are large, low stri
Slide 7: Havilah's Three Year Plan
For personal use only Havilah’s Three Year Plan Over the next 3 years Havilah’s Business Plan includes 1. Gold production from Portia – late 2013 / early2014 2. Iron Ore production from Maldorky – 2014 / 2015 3. Complete development studies for Kalkaroo – 2014 4. Identify viable treatment route for
Slide 8: Havilah's Year Genesis
For personal use only Havilah’s 10 Year Genesis • Bob Johnson and Chris Giles partnered in Havilah and together have drilled out 8 JORC resources in the region • Bob’s private business, Maptek, is a world leading mining software provider, whose clients include most major global mining companies • Ch
Slide 9: Why the Curnamona Craton?
For personal use only Why the Curnamona Craton? Grants Geological reconstructions indicate that the Curnamona Province was originally part of the highly mineralised Mt Isa – Cloncurry Block
Slide 10: Strategically located near Adelaide and Broken Hill
For personal use only Strategically located near Adelaide and Broken Hill Grants
Slide 11: Project Locations and Infrastructure
For personal use only Project Locations and Infrastructure Key Features; • Adjacent to main highway • Trans Continental Railway just upgraded to heavy duty 4 mtpa spare capacity • 220kVA power line to BH & spur to Honeymoon Well • Moomba Gas Pipeline within 60kms • Port of Adelaide - 425kms 2 mtpa s
Slide 12: Road and Rail Infrastructure
Road and Rail Infrastructure Main Highway near Iron Ore Upgraded Rail with Passing Line Recent Heavy Duty Upgrade For personal use only B Hill Rail Infrastructure Rail Corridor Maldorky Rail Corridor Maldorky Rotainer System
Slide 13: Portia Gold Project – Near development
For personal use only Portia Gold Project – Near development Resource: 720,000 t @ 2.9 g/t Au for 67,000 ounces – Inferred Resource 355,000 t @ 4.7 g/t Au for 53,822 ounces – Resource within optimised pit design Geology: Gravity recoverable free gold - Base of Tertiary mineralisation Origin: Pasminc
Slide 14: Portia Open Pit Mine Plan
For personal use only Portia Open Pit Mine Plan 75m overburden or 11 Mt High grade gold found in bedrock Initial mining objective - 26 metres of 15.4 g/t Au 67,000 oz JORC resource - 13 metres of 33.5 g/t Au at base of Tertiary clay Weathered bedrock Bedrock
Slide 15: Portia Panned Free Gold
For personal use only Portia Panned Free Gold
Slide 16: Portia Site and Processing Plant Components
Portia Site and Processing Plant Components Site landscape and drilling Trommel and jig site testing For personal use only Twin 50 tph In-line Pressure Jigs 120 tph Trommel for washing ore
Slide 17: Portia - North Portia Relationship
For personal use only Portia - North Portia Relationship Secondary North Portia copper blanket 11.3 mt @ 0.89% Cu, 0.64g/t Au, 500ppm Mo Portia optimised open pit design Primary copper- gold molybdenum sulphide Base of Tertiary gold resource Portia Bedrock gold Base of Tertiary resource 500m mineral
Slide 18: Havilah Iron Ore Overview
For personal use only Havilah Iron Ore Overview • Havilah’s iron ore discoveries position it as an important player • Braemar Iron Ore versus WA iron ores; - Typically lower grade - Gravity upgradable to Pilbara grades (+60%) - Softer (softest 15% of all iron ores) • Havilah Braemar Iron Ore versus
Slide 19: Maldorky Iron Ore – Scalable Cashflow Business
For personal use only Maldorky Iron Ore – Scalable Cashflow Business Resource: 147 Mt at 30.1% Fe (18% Fe cutoff) from surface Geology: Braemar Iron Formation iron ore. 60/40 Hematite magnetite. Soft & upgradable to +60% Fe. LOM Strip Ratio 0.19. Origin: Havilah discovery in 2011 Stage: Currently un
Slide 20: Maldorky Landscape and Iron Ore Outcrop
For personal use only Maldorky Landscape and Iron Ore Outcrop Iron Ore only covered by sparse bush
Slide 21: Maldorky Iron Ore Project
For personal use only Maldorky Iron Ore Project Flat lying rectangular slab of iron ore up to 120m thick lying 0-5 m below surface Favourable mining economics – life of mine strip ratio 0.19 (Stage 1 only 0.03)
Slide 22: Grants Iron Ore – Add-on Expansion Business
For personal use only Grants Iron Ore – Add-on Expansion Business Resource: 304 Mt at 24% Fe (18% Fe cutoff) - resource from surface Geology: Braemar Iron Formation iron ore. 60/40 Hematite magnetite. Soft & upgradable to +60% Fe. Low strip ratio. Very similar to Maldorky. Origin: Havilah discovery
Slide 23: Grants Iron Ore Schematic
For personal use only Grants Iron Ore Schematic
Slide 24: Grants Iron Ore – Extremely Low Capex Setting
For personal use only Grants Iron Ore – Extremely Low Capex Setting Trans Continental Railway – 8 km away Grants Outcrop Grants Iron Ore at Surface
Slide 25: Grants Iron Ore – Add-on Expansion Business
Grants Iron Ore – Add-on Expansion Business Grants Landscape – rise is the deposit For personal use only Grants has abundant iron ore surface expression Grants distant extensions Grants enriched iron ore outcrop
Slide 26: Grants Iron Ore Discovery
Grants Iron Ore Discovery 304 mt of 24% Fe, only 8km from railway line For personal use only Grants Iron Ore Discovery Maldorky Iron Ore Project 25
Slide 27: Kalkaroo Copper Gold – Including North Portia
For personal use only Kalkaroo Copper Gold – Including North Portia Resource: 124.5 Mt @ 0.5% Cu, 0.39 g/t Au 18.74 Mt @ 0.74 g/t Au from separate gold cap 11.3 Mt @ 0.89% Cu, 0.64 g/t Au, 500 ppm Mo in North Portia Geology: Stratiform replacement orebody Origin: Placer, Newcrest and MIM drilling re
Slide 28: Kalkaroo Resource - Further Drilling Can Expand
For personal use only Kalkaroo Resource - Further Drilling Can Expand Mineralisation open to east, presently poorly defined by drilling Mineralisation open to west Kalkaroo copper-gold deposit Recent ore grade intersection KKDD401 approx. 150m down dip of the nearest drillhole and outside current op
Slide 29: KKDD401 - Significant Kalkaroo Resource Upside
For personal use only KKDD401 - Significant Kalkaroo Resource Upside
Slide 30: Kalkaroo Copper Gold Deposit
For personal use only Kalkaroo Copper Gold Deposit Gold Cap 18.7Mt @ 0.74g/t Au Native copper Chalcopyrite sulphides Cu-Au Deposit 124.5Mt @ 0.50%Cu, 0.39g/t Au
Slide 31: Kalkaroo Regional Exploration Upside
For personal use only Kalkaroo Regional Exploration Upside Near mine exploration upside; • Repeat results on similar structures • Wildcat drilling of conceptual targets • All within trucking distance of Kalkaroo
Slide 32: Mutooroo – High Grade Ore Value
For personal use only Mutooroo – High Grade Ore Value Resource: 13.1Mt @1.48%Cu, 0.22g/t Au, 0.14%Co, 36%S ($500/t Ore Value if all components recovered) Geology: Pyrrhotite-rich, coarse grained stacked sulphide lenses. High chalcopyrite and high sulphur content ore. Mineralised zone up to 30m thick
Slide 33: Mutooroo Copper-Cobalt Project
For personal use only Mutooroo Copper-Cobalt Project • Resource comprises stacked massive sulphide lodes drilled over only one third of known strike length • High value ore (>$500/t) based on recoverable copper, cobalt, gold, sulphuric acid, iron ore • Option of direct shipping ore if an existing su
Slide 34: Mutooroo Massive Sulphide Ore
For personal use only Mutooroo Massive Sulphide Ore •Massive sulphide ore: Pyrrhotite (Fe &S) Pyrite (Co), Chalcopyrite (Cu) Quartz Quartz Chalcopyrite •Very heavy = lot of tonnes for a small Pyrrhotite mining volume
Slide 35: Havilah Exploration – Source in abundance
Havilah Exploration – “Source in abundance” • West of Broken Hill has attracted very little exploration effort For personal use only • Broken Hill was one of Australia’s most prolific cashing producing mines • Inherited $60m in today's dollars of drilling and other geological data • Partial testing
Slide 36: Exploration business – Partially Tested Domes
For personal use only Exploration business – Partially Tested 3 of 10 Domes
Slide 37: Wilkins Copper Gold Project
Wilkins Copper Gold Project • 100m wide skarn ironstone For personal use only mineralised zone with long low grade copper-gold drill intersections • 3km long mineralised structural corridor, of which only 300m length drill tested so far. Potential for discovery of a large ironstone hosted copper- go
Slide 38: Lilydale Iron Ore Project
Lilydale Iron Ore Project • New discovery by Havilah For personal use only • Initial drilling shows thick iron formations with minimal overburden • Consistent 29-33% Fe in magnetite ironstones over wide area indicating very large tonnage potential • 50km to railway line
Slide 39: Prospect Hill Tin Project
For personal use only Prospect Hill Tin Project • JORC inferred resource estimate of 172,000t @ 1.15% Sn • Exploration campaign Alluvial Tin planned to explore for Targets both lode and alluvial tin as well as rare earth elements in associated minerals (eg xenotime, apatite, monazite).
Slide 40: Havilah Corporate Information
For personal use only Havilah Corporate Information • ASX Share Code: HAV • Shares: 113 million • Listed Options: 25.2 million • Unlisted options: 10.4 million • Share Price: A$0.65 (21th Jan 2013) • Market Capitalisation: A$73 million • Major Shareholders: Glencore – 8.5% MMG – 3.3 %
Slide 41: Havilah Resources Summary
For personal use only Havilah Resources Summary • Havilah has a high quality discovered resource base • Projects cover an excellent range of commodities; -Gold -Copper - Gold -Iron Ore • Havilah’s low capex near term development opportunity is unique • Havilah’s exploration has been exceptionally su
Slide 42: Thank You
For personal use only HAVILAH RESOURCES THANK YOU ASX Stock Code; HAV Visit Website : www.havilah-resources.com.au
Slide 43: JORC resource metal inventory
JORC resource metal inventory Copper Gold Molyb- Cobalt Contained Contained Contained Contained Project* Resource Category Tonnes (Mt) (%) (g/t) denum (%) Copper Gold Moly Cobalt For personal use only (ppm) (tonnes) (ounces) (kg) (kg) Gold Cap Measured 18,690,000 0.74 445,000 Kalkaroo1 CuAu Measured
Slide 44: Metal Inventory Based on JORC Resources
For personal use only Metal Inventory Based on JORC Resources Copper: 915,500 tonnes (Kalkaroo + Mutooroo + North Portia) Gold: 2,400,000 ozs (Kalkaroo + Mutooroo + Portia + North Portia) Cobalt: 17.5 M Kg (Mutooroo) Molybdenum : 8.45 M Kg (Kalkaroo + North Portia) Maldorky : 147,000,000 tonnes of 3
Slide 45: Mineral project status
For personal use only Mineral project status Finalisation of mine permitting, financing, Portia Au contractor for open pit mining operation Kalkaroo FS complete, finalising mining lease Cu-Au-Mo proposal, seeking development partner Maldorky N Portia Fe Cu-Au Pre-FS, JORC resources, advancing mining
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