Havilah Resources Limited · ASX:HAV
Havilah Resources — Investor Presentation (February 2011)
33 slides from Havilah Resources's investor presentation, Feb 7, 2011
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 7 February 2011 Havilah Investor Presentation Havilah Resources is pleased to attach an inve
Slide 2: Havilah Resources: Unlocking the Treasure Box
For personal use only HAVILAH RESOURCES Unlocking the Treasure Box
Slide 3: Disclaimer
Disclaimer For personal use only • 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: Three-fold Investment Proposition
Three‐fold Investment Proposition For personal use only 1. A substantial metal inventory of copper, gold, molybdenum, cobalt at JORC resource status (+ non-JORC tin, iron ore, uranium). 2. Emerging gold producer status from Portia – cash surplus of $45m in eighteen months. Followed by Kalkaroo and N
Slide 5: Proposition No.1 - Substantial Metal Inventory
Proposition No.1 ‐ Substantial Metal Inventory For personal use only Metal Inventory (all JORC Based) Copper: 618,000 tonnes (Kalkaroo + Mutooroo +North Portia) Gold: 1,362,000 ozs (Kalkaroo+Mutooroo+Portia+NPortia) Cobalt: 17.5m Kg (Mutooroo) Molybdenum : 8.45m Kg (Kalkaroo+North Portia) Project* C
Slide 6: Project Location
For personal use only Project Location
Slide 7: Kalkaroo Copper-Gold Project
Kalkaroo Copper - Gold Project Generates a substantial cash surplus at current metal prices For personal use only • Open cut copper-gold deposit - can generate a cash surplus >$1B at current metal prices • Soft overburden to 60m, upper free dig oxidised zone to 120m and in pit waste dumping - low mi
Slide 8: Kalkaroo Oxidised Ore - Copper and Gold Metal
Kalkaroo Oxidised Ore - Copper and Gold Metal Low capital start up option can exploit gravity recoverable copper and gold For personal use only Copper metal recovered by screening Native Copper (99% pure metal) –in drillcore from oxidised zone Gold and copper recovered by in-line jig
Slide 9: Kalkaroo - Primary Sulphide Ore
Kalkaroo - Primary Sulphide Ore For personal use only Conventional grinding and flotation produces a high grade concentrate •Comprises 25-30% of ore •Open at depth •Very standard metallurgy with good copper recoveries
Slide 10: Mutooroo Copper-Cobalt Project - Deep Sulphide Lodes
Mutooroo Copper-Cobalt Project– Deep Sulphide Lodes For personal use only •High value ore because of variety of products that can be produced – Cu, Co, Sulphuric Acid, Fe, Au, cogenerated electricity. •Simple open pit mining proposition. •Close to railway and Broken Hill. 13.1 Mt @ 1.48% Cu •Would a
Slide 11: Mutooroo Massive Sulphide Ore
Mutooroo Massive Sulphide Ore For personal use only •Massive quartz sulphide ore: Pyrrhotite (Fe &S) Pyrite (Co), Chalcopyrite(Cu) chalcopyrite Quartz pyrrhotite •Very heavy = lot of tonnes for a small mining volume
Slide 12: Mutooroo Sulphide Processing Metallurgy
Mutooroo Sulphide Processing Metallurgy For personal use only •Conventional open pit mining 500K tpa •Crushing and gravity beneficiation to remove quartz •Roast sulphide ore to produce 550K tpa sulphuric acid •Leach calcine residue to produce around 10,000 tpa copper and 1,200 tpa of cobalt •Final r
Slide 13: Benagerie Dome - Portia / North Portia Projects
Benagerie Dome – Portia / North Portia Projects For personal use only NORTH PORTIA Oxide Blanket Copper-Gold Molybdenum PORTIA orebody OPENCUT b ody Ore Gold ry Te rtia o n e of riz Bas Ho all otw Fo
Slide 14: North Portia Cross Section
North Portia Cross Section For personal use only
Slide 15: Proposition No.2 - Gold Producer Status
Proposition No.2‐ Gold Producer Status For personal use only A Simple Fast track to Gold Production Portia Gold • 720,000 t @ 2.9 g/t (JORC) containing • 67,000 oz Gold - (gravity plant metallurgy) • ML 6354 granted, • MARP being finalised, • Native Title agreement in place.
Slide 16: Portia - coarse free gold in bedrock and eluvial layer
Portia - coarse free gold in bedrock and eluvial layer For personal use only Eluvial gold Base of Tertiary 74m Bedrock Gold Downhole Extraction Gold from Portia
Slide 17: Portia - two stage open cut mining plan
Portia – two stage open cut mining plan Soft free-dig overburden For personal use only Optimised Pit: Stage 1 Boxcut Waste: 5.9 m bcm Ore: 303,000 tonnes @ 4.54 gms/t Ozs: 40,000 ozs (at 90% recovery) Surplus: $32m Optimised Pit: Stage 2 Final Pit Waste: 8.2 m bcm Ore: 517,000 tonnes @ 3.76 gms/t Oz
Slide 18: Portia Open Pit
Portia Open Pit For personal use only Initial open pit targeting base of Tertiary gold layer- gold in bedrock is a bonus
Slide 19: Scaled down gravity processing plant at Portia
Scaled down version of gravity processing plant on site at Portia For personal use only
Slide 20: Proposition No.3 - Serious Exploration Upside
Proposition No.3 ‐ Serious Exploration Upside For personal use only ¾ Lilydale and Maldorky iron ore discoveries in 2010. Drilling to JORC resource status in 1H2011 ¾ Near mine exploration at Kalkaroo and Portia – ore grade intersections to be followed up in 2H2011 ¾ Tin and REE exploration in north
Slide 21: Major New Iron Ore Province in NE SA
Major New Iron Ore Province in NE SA For personal use only Havilah has two pieces of the action
Slide 22: Lilydale Iron Ore Discovery
Lilydale Iron Ore Discovery For personal use only • New discovery by HAV. • Initial drilling shows thick iron formations with minimal overburden. • Consistent 29‐33% Fe in magnetite ironstones over wide area indicating very large tonnage potential • Close to railway line • Plan to enlist support of
Slide 23: Lilydale Iron Ore Project
Lilydale Iron Ore Project For personal use only Iron assays across a wide zone NW ESE
Slide 24: Lilydale Iron Ore
Lilydale Iron Ore For personal use only Highly Magnetic Iron Ore Easily separated to produce a quality Iron ore material
Slide 25: Lilydale Iron Ore - Premium Magnetite Product
Lilydale Iron Ore – Premium Magnetite Product For personal use only Metallurgical Davis Tube Tests demonstrate - High recoveries with very low impurities Grind Sample Recovery Conc Conc Conc Conc Conc % total Fe Size Fe % %Fe conc Fe% SiO2% Al2O3% P% Ti% recovered 106micron 35.2 35.0 68.0 3.22 0.22
Slide 26: Maldorky Iron Ore Discovery
Maldorky Iron Ore Discovery For personal use only • New Discovery • No Overburden • Simple 28 km route to railway • RC drilling in progress to establish a JORC resource in 1QCY11 • Thick, shallow dipping iron formation amenable to low cost open pit mining
Slide 27: Maldorky Iron Ore - Cross Section
Maldorky Iron Ore - Cross Section For personal use only Shallow dipping iron formation
Slide 28: Maldorky - Thick Shallow Dip Iron Ore Zone
Maldorky - Thick Shallow Dip Iron Ore Zone For personal use only
Slide 29: Kalkaroo Near Mine Exploration Upside
Kalkaroo Near Mine Exploration Upside For personal use only Within trucking distance of Kalkaroo deposit – 100% HAV Area dominated by large mineralised domes providing the host replacement horizon Also large cross-cutting quartz vein breccia systems Widespread copper-gold mineralisation as well as l
Slide 30: Portia Near Mine Exploration Upside
Portia Near Mine Exploration Upside For personal use only
Slide 31: Regional Exploration Upside - Prospect Hill Tin
Regional Exploration Upside - Prospect Hill Tin For personal use only Major exploration campaign in early 2011 to explore for both lode Alluvial Tin and alluvial tin as well Targets as rare earth elements in associated minerals (eg xenotime, apatite, monazite).
Slide 32: Havilah Current Project Status
Havilah Current Project Status For personal use only JORC Pre ML Project* Res FS FS Comments •Progressing final permitting for Portia open pit with PIRSA. Portia Au 9 9 9 9 •Site planning and discussions with contractors. •Determination of bankability of the project. 9 [ •Glencore have option to pro
Slide 33: 2011 Objectives
2011 Objectives For personal use only ¾ Complete Portia permitting and commence mining, aiming for gold production in 1H2012. ¾ Kalkaroo mine funding decision by Glencore. HAV ready to action low capital option to mine supergene copper and gold after Portia. ¾ Establish viable magnetite Fe JORC reso
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