Havilah Resources Limited · ASX:HAV

Havilah Resources — RIU Resources Investor Roadshow 2016

27 slides from Havilah Resources's conference presentation, Sep 27, 2016

  1. Slide 1: RIU Resources Investor Roadshow – 27 & 29 September 2016

    For personal use only  Cash flow from gold production  Exceptional exploration upside  Future project developments RIU Resources Investor Roadshow – 27 & 29 September 2016 Dr Chris Giles, Managing Director

  2. Slide 2: Cautionary Statement

    2 For personal use only 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 the Havilah Group of co

  3. Slide 3: Corporate Summary

    3 For personal use only Corporate Summary Capital Structure Millions HAV v Small Resources (XSR) - 1 year Cash (31 Jul 2016) $0.7 Debt (31 Jul 2016) $3.5* * Subsequently reduced to $2 million Shares 171 Options (Listed + Unlisted) 41 Market Cap (22 Sep 2016) $128 Our vision is to become a new mining

  4. Slide 4: Investment Key Points

    4 For personal use only Investment Key Points  Prospect of substantial cash flow from Portia gold mine this year1 …… approximately 10,000 ozs of gold produced to date3.  Portia mining operation is set to grow bigger …… large mineralised system exposed with high grade drilling results.  Exceptiona

  5. Slide 5: Focus On NE South Australia

    5 For personal use only Focus On NE South Australia Portia is the first mine on Havilah‘s smallest known mineral resource .

  6. Slide 6: Portia Gold Mine

    6 Portia Gold Mine Currently mining main ore zone in pit floor For personal use only  Commenced 30 March 2015 with experienced Broken Hill contractor responsible for all mining.  Innovative funding arrangement – 50:50 revenue sharing with mining contractor.  18 months of overburden removal comple

  7. Slide 7: Portia - High Grade Gold 75m Below Surface

    7 Portia - High Grade Gold 75m Below Surface Previous drilling defined a JORC resource in base of Tertiary clays For personal use only and returned high grade bedrock intersections. Next mining objective: High grade gold mineralisation previously discovered in bedrock, eg PTAC191 with 26 metres of 1

  8. Slide 8: High Grade Gold Layer Above Bedrock

    8 High Grade Gold Layer Above Bedrock Light grey clay For personal use only Light grey clay – high unconformable contact grade gold ore 2m on weathered dipping thick, commonly 5-30 graphitic pelite g/t Au. (bedrock). Gold mineralisation in weathered bedrock to be explored by drilling from pit floor.

  9. Slide 9: Gravity Gold Processing Plant

    9 Gravity Gold Processing Plant Recovery of free gold For personal use only Gold plant is High grade ore stockpile operating 24 hours per day and recovering gold Gold room according to design. Knelson concentrator

  10. Slide 10: Current Open Pit Design

    10 For personal use only Current Open Pit Design  Open pit is optimised to capture the maximum ounces of gold (80%) in the base of Tertiary resource – approx. 53,000 ounces.  Evaluating south wall cut back to access additional ore.  Additional gold intersected in previous drilling but not include

  11. Slide 11: Focus on Expanding Portia – Plenty of Options

    11 For personal use only Focus on Expanding Portia – Plenty of Options 1.7 km Portia Southern Extension Portia Resource Portia Northern Portia North Extension Portia North conceptual open pit Portia open pit Portia bedrock gold target Portia base of Portia southern Pit floor drilling Tertiary gold r

  12. Slide 12: Portia Southern and Depth Extensions

    12 For personal use only Portia Southern and Depth Extensions PTAC 232: 30.5 metres of 39.3 g/t Au from 63.5 – 94.0 metres PTAC 228: 6.0 metres of 53.6 g/t Au from 68.0 – 74.0 metres PTAC 231: 13.0 metres of 8.4 g/t Au from 79.0 – 92.0 metres PTAC 236: 4.0 metres of 35.4 g/t Au 300m

  13. Slide 13: Portia North Oxidised Copper-Gold

    13 Portia North Oxidised Copper-Gold 21.0 metres of 1.05 g/t Au from 63.0 – 84.0 metres For personal use only North Portia oxidised ore envelope within conceptual open pit. 18.0 metres of 4.90% Cu and 2.03 g/t Au 32.0 metres of 3.95% Cu and 1.45 g/t Au 14.0 metres of 3.31% Cu and 1.27 g/t Au 15.0 me

  14. Slide 14: Benagerie Dome Prospects

    14 Benagerie Dome Prospects For personal use only Benagerie Dome Portia Along Strike From refers to the large dome-like structure Portia defined by the aeromagnetics as shown in this image, and interpreted to  Spoilt for choice – multiple repetitions be a complexly of Portia geology and numerous go

  15. Slide 15: Benagerie Dome Prospects – Werrie Gold

    15 Benagerie Dome Prospects Werrie Gold circa 1999 For personal use only  Numerous gold hits – see red and yellow dots.  All aircore drilling – only partially effective because of early bit refusal in harder rock.  Conventional assaying – would have mostly missed high grade gold due to the Portia

  16. Slide 16: Lorenzo Prospect

    16 Lorenzo Prospect Pasminco circa 1997 For personal use only  Gold contours – best results from Pasminco Portia air core holes almost outlines continuous economic zone over 4 km.  Very consistent – suggests a geologically continuous large gold mineralised system.  Walk up drilling targets – care

  17. Slide 17: Shylock Prospect

    17 For personal use only Shylock Prospect  Yet another partially tested very promising gold prospect on the Benagerie dome.  Historically one of the highest grade and widest gold drilling intersections in South Australia 23m @ 79.25 g/t  Follow-up drilling is planned this year

  18. Slide 18: Kalkaroo – A Large Copper-Gold Deposit

    18 Kalkaroo – A Large Copper-Gold Deposit Kalkaroo is one of the largest undeveloped For personal use only Copper-gold deposit copper-gold deposits 622,000 tonnes Cu & in Australia 1.6 million ounces Au containing 622,000 contained within tonnes Cu and 124.5Mt @ 0.50%Cu, 2,000,000 ounces 0.39g/t Au

  19. Slide 19: Kalkaroo - An Excellent Development Project

    19 Kalkaroo - An Excellent Development Project • Consistently mineralised 40-80 metre thick slab extending for over 3 km strike. • Enriched copper and gold in a 100 metre thick oxidised cap. For personal use only • Free dig to 140 metres below surface. native copper Cross-section Kalkaroo Main Zone

  20. Slide 20: Vicinity Of Kalkaroo Is Highly Prospective

    20 Vicinity Of Kalkaroo Is Highly Prospective  Aeromagnetics highlights a distinctive mineralised horizon that defines the For personal use only North and South domes plus associated cross faults.  Three separate new discoveries were made by limited wild cat drilling of conceptual targets and geoc

  21. Slide 21: Kalkaroo Processing Facility Will Unlock Value

    21 Kalkaroo Processing Facility Will Unlock Value  Multi-purpose processing plant at Kalkaroo will be able to process ore from multiple projects. For personal use only  Improves development prospects and unlocks value in several nearby Copper-Gold-Cobalt projects. Portia + North Kalkaroo Portia 62

  22. Slide 22: What Your Havilah Share Buys

    22 For personal use only What Your Havilah Share Buys Cash flow from gold sales and appreciable upside  A stake in an operating gold mine with positive cash flow in mining friendly South Australia at a time of record $A gold prices.  A share of 900,000 tonnes of copper and 2.4 million ounces gold

  23. Slide 23: Key Objectives Going Forward

    23 For personal use only Key Objectives Going Forward  Produce a steady cash flow from Portia gold mine that can fund exploration …… Portia is a comparatively low risk, high margin proposition.  Expand Portia resource base so that it has at least several years mine life …… promising high grade dri

  24. Slide 24: Contact Details: Havilah Resources Limited

    24 For personal use only Cash flow from gold production Exceptional exploration upside New project developments Contact Details : Havilah Resources Limited 31 Flemington Street, Glenside, South Australia 5065

  25. Slide 25: Sustaining The Development Model

    25 For personal use only Sustaining The Development Model A strong project development pipeline gold and

  26. Slide 26: Copper-Gold Resource Metal Inventory

    26 Copper-Gold Resource Metal Inventory Copper: 915,500 tonnes (Kalkaroo + Mutooroo + North Portia) For personal use only Gold: 2,400,000 ozs (Kalkaroo + Mutooroo + Portia + North Portia) Cobalt: 17.5 M Kg (Mutooroo) Copper (%) Gold Molyb- Cobalt Contained Contained Contained Contained Molybdenum: P

  27. Slide 27: Iron Ore Resource Inventory

    27 For personal use only Iron Ore Resource Inventory Maldorky: 147,000,000 tonnes of 30.1% Fe Grants: 304,000,000 tonnes of 24% Fe Total: 159,000,000 tonnes of premium grade iron ore product Project* Resource Category Tonnes (Mt) Iron Iron Est Yield (%) tonnes Maldorky1 Indicated 147,000,000 30.1% 4

Havilah Resources — RIU Resources Investor Roadshow 2016 on 6ix