Havilah Resources Limited · ASX:HAV
Havilah Resources — Corporate Update (November 2020)
21 slides from Havilah Resources's corporate update, Nov 19, 2020
Slide 1: Havilah Share Purchase Plan & Presentation
ASX MEDIA RELEASE 19 November 2020 HAVILAH SHARE PURCHASE PLAN & PRESENTATION KEY POINTS • Havilah will launch a Share Purchase Plan (SPP) to raise $2 million from ‘eligible shareholders’. • This follows on from its oversubscribed Placement that raised $2.55 million. • The SPP provides ‘eligible sha
Slide 2: SPP indicative timetable
The continuing major focus will be on evaluating the feasibility of the West Kalkaroo gold starter open pit, with the objective of commencing mining development activities during 2021. Funds raised will also allow restoration of budgets and work programs for other projects during 2021, to replace fu
Slide 3: Share Purchase Plan provides opportunity to purchase new shares at $0.17
Share Purchase Plan (SPP) provides opportunity to purchase new shares at $0.17 Ctrl-click on this page to view Havilah’s latest overview video At an 18.6% discount to the 5 day VWAP preceding offer announcement Havilah Resources 1 19/11/2020
Slide 4: Use of funds raised – to achieve short term objectives
Use of funds raised – to achieve short term objectives West Kalkaroo gold starter open pit – priority objective • Advance feasibility study and permitting work with the aim of commencing gold mining development activities during 2021. • Ongoing resource infill drilling and resource expansion drillin
Slide 5: Matching with longer term objectives
Matching with longer term objectives Large scale Kalkaroo copper-gold-cobalt project development • Havilah retains a high degree of optionality as the large scale Kalkaroo copper-gold sulphide production could potentially be ramped up at any time if the required capital became available (A$332 milli
Slide 6: Havilah is a high quality resource stock
Havilah is a high quality 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 the regional mining centre of Broken Hill with its skilled workforce an
Slide 7: Advanced mineral projects summary
Advanced mineral projects summary Copper – Gold – Cobalt – (REE) • Kalkaroo: Positive independent prefeasibility study (PFS)* confirms Kalkaroo as one of the largest undeveloped open pit copper deposits in Australia based on 100 Mt Ore Reserve (contains 474,000 tonnes copper & 1.4 million ounces gol
Slide 8: Initial gold starter open pit at West Kalkaroo
Initial gold starter open pit at West Kalkaroo Kalkaroo is a large gold deposit in its own right, containing over 3.1 Moz gold Final Kalkaroo conceptual open pit shape for large scale Initial development plan is to commence copper-gold project a lower capital gold starter open pit (blue), with app
Slide 9: Mutooroo: Potential high grade open pit copper mine
Mutooroo: Potential high grade open pit copper mine One of the highest grade sulphide cobalt deposits with associated copper in Australia Concept is for an initial shallow open pit exploiting >1.3% Cu Conceptual open pit to 130m depth and 0.14% Co Measured and Indicated resources followed by undergr
Slide 10: Grants iron ore: Favourable logistics, yield and recovery
Grants iron ore: Favourable logistics, yield and recovery • Lies 8 km south of the Trans- Continental railway line. • One hour drive from the major regional mining centre of Broken Hill along the main Highway. • Power grid 30km away with excess renewable power (wind turbine and solar) available at B
Slide 11: Grants Basin iron ore: a Pilbara scale Exploration Target
Grants Basin iron ore: a Pilbara scale Exploration Target* Grants 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 Are
Slide 12: Iron ore transportation and port logistics solutions
Iron ore transportation and port logistics solutions • MOU signed with Port Augusta Operations who is constructing the new Port Playford iron ore transhipment facility. • “Port Playford will offer a strategically located, low capital and near-term export facility….and will offer storage, port and tr
Slide 13: 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 (e.g. Kalkaroo, Benagerie, Eurinilla, Lake Charles). • Strong geological analogies to the prolific Zambian Copper
Slide 14: Curnamona copper belt as a potential future source of REE
Curnamona copper belt as a potential future source of REE • REE are critical minerals that are used as a vital components of a wide range of green energy and other applications (e.g. wind turbines, electric vehicles, rechargeable batteries, hand phones), whose supply is dominated by China (refer to
Slide 15: JORC Ore Reserve & Mineral Resources
JORC Ore Reserve & Mineral Resources JORC Ore Reserves Classifica Tonnes Copper Gold Copper tonnes Gold ounces Project tion (Mt) % g/t (Kt) (Koz) Proved 90.2 0.48 0.44 430 1,282 Kalkaroo1 Probable 9.9 0.45 0.39 44 125 Total 100.1 0.47 0.44 474 1,407 Footnotes to the JORC Ore Reserve and Mineral Reso
Slide 16: Additional information
Additional information 1. ASX copper peer comparisons 2. ASX gold peer comparisons 3. Kalkaroo project updated valuation (29 July 2020) Havilah Resources 14
Slide 17: High leverage to copper based on CuEq Ore Reserves
High leverage to copper based on CuEq Ore Reserves Amongst its ASX peers shown here, Havilah has the highest leverage to Source: PCF Resources Thermometer November 2020 copper, based on its Enterprise Value / CuEq Ore Reserves Havilah Resources 15
Slide 18: High leverage to gold based on gold ore reserves
High leverage to gold based on gold ore reserves Amongst its ASX peers shown here, Havilah has Havilah has the lowest valuation the highest leverage to compared with its peers on a market gold, based on its Market cap/gold ore reserve only basis Capitalisation / Gold Ore Reserves Comparison criteria
Slide 19: Kalkaroo project updated valuation
Kalkaroo project updated valuation Gold price USD$/oz and AUD$/oz (at AUD:USD exchange rate of 0.75) USD $1,000 $1,100 $1,200 $1,300 $1,400 $1,500 $1,600 $1,700 $1,800 $1,900 $2,000 $2,100 $2,200 Copper price USD$/lb & AUD$/lb AUD $1,333 $1,467 $1,600 $1,733 $1,867 $2,000 $2,133 $2,267 $2,400 $2,533
Slide 20: Cautionary and Competent Person's Statements
Cautionary and Competent Person’s Statements Cautionary Statement 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 th
Slide 21: Contact Information
CONTACT INFORMATION SUBSCRIBE TO OUR MAILING LIST & CORPORATE Havilah Resources Limited ABN: 39 077 435 520 ASX Code: HAV FIND US ONLINE www.havilah-resources.com.au [>] youtube.com/havilahresources lin} linkedin.com/havilah-resources if} facebook.com/havilah-resources: fa twitter.com/havilah-resour