Havilah Resources Limited · ASX:HAV
Havilah Resources — Havilah Resources NL — Shareholder Meeting (December 2010)
24 slides from Havilah Resources's shareholder meeting presentation, Dec 8, 2010
Slide 1: Annual General Meeting
HAVILAH RESOURCES NL For personal use only Annual General Meeting 7th December 2010 Presentation by Dr Bob Johnson Chairman
Slide 2: 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 3: Havilah Metal Inventory
Havilah 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* Category Res tonnes Cu t
Slide 4: Six Major Development Projects
Six Major Development Projects For personal use only Kalkaroo Cu-Au-Mo 62.5 mt @ 0.52% Cu and 0.48 g/t Au (JORC) containing - 325,000 t Copper, 960 kozs Gold, 2,700 t Moly, (+ cobalt) Mutooroo Cu-Co-acid-Fe 13.1 mt @ 1.48% Cu (JORC) containing-192,000t Copper, 92,000 ozs Gold, 17,500 t Cobalt 2.5mt
Slide 5: Havilah Current Project Status
Havilah Current Project Status For personal use only JORC Pre ML Project* Res FS FS Comments • Progress open pit operation. Portia Au 9 9 9 9 • MARP in preparation • Glencore reviewing feasibility study and undertaking a mining cost review prior to funding decision Kalkaroo Cu Au Mo 9 9 9 [• Havilah
Slide 6: Priority Exploration - Prospect Hill Project
Priority Exploration 1 - Prospect Hill Project 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 7: Priority Exploration - Northern Benagerie Dome
Priority Exploration 2 - Northern Benagerie Dome For personal use only
Slide 8: Northern Exploration Upside
Northern Exploration Upside Benagerie For personal use only Dome North Portia 11.3 Mt @ 0.89%Cu, 0.64g/t Au, 500 ppm Mo Portia 720,000 t @ 2.9 g/t Au Lorenzo Zinc + Gold 4 km strike of continuously mineralised prospective horizon. Zinc intersections to be followed up Previous drill intercepts : 18m
Slide 9: Portia Development - the Glittering Prize
Portia Development - the Glittering Prize For personal use only Portia Gold Project
Slide 10: A Simple Fast track to Gold Production
A Simple Fast track to Gold Production For personal use only 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 resolved.
Slide 11: Project Location - Benagerie Dome
PROJECT LOCATION - Benagerie Dome For personal use only
Slide 12: Portia - Simple gravity recovery of gold
Portia - Simple gravity recovery of gold For personal use only Eluvial gold Base of Tertiary 74m Downhole Extraction Gold from Portia
Slide 13: Portia - a nuggetty eluvial gold deposit
Portia - a nuggetty eluvial gold deposit For personal use only •Located 300 metres south of North Portia Copper deposit • Nuggetty gold in a wash layer, possible sporadic gold in basement
Slide 14: Portia Project Landscape
Portia Project Landscape For personal use only
Slide 15: Mining Options - To dig, or not to dig
Mining Options - To dig, or not to dig For personal use only Initially an Opencut Mine was assessed and the geotechnical slope angle for the pit wall was recommended at a low angle. This low wall angle, coupled with a gold price of $600 per oz, made open cut mining at Portia a marginal proposition.
Slide 16: Downhole Extraction - An alternative method
Downhole Extraction - An alternative method For personal use only Downhole Extraction, using an airlift pump and downhole sluicing, was studied and field trials carried out. Coarse gold was readily recovered and we developed a good method to achieve this process. We successfully demonstrated that th
Slide 17: Opencut mine with soft, free-dig overburden
Opencut mine with 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 Waste: 8.2 m bcm Ore: 517,000 tonnes @ 3.76 gms/t Ozs: 56,300 ozs (at 90% rec
Slide 18: Base of Tertiary only considered
Base of Tertiary only considered - any gold in the bedrock is a bonus For personal use only
Slide 19: Simple Gravity Separation Plant
Simple Gravity Separation Plant For personal use only Twin 50 tph In-line Jigs with Spinners for heavy mineral and gold separation 120 tph Trommel for washing ore
Slide 20: North Portia just 300 metres to the north
And once the nuggets of Portia are liberated, the copper, gold and molybdenum of North Portia are just 300 metres to the north For personal use only
Slide 21: North Portia - metres to north
North Portia - 300 metres to north For personal use only After mining out Portia it may be possible to start mining North Portia North Portia and dump waste Orebody into the Portia excavation. This will lower overburden removal costs for North Portia and provide a boost for the Portia Kalkaroo coppe
Slide 22: North Portia Copper-gold-molybdenum
North Portia Copper-gold-molybdenum For personal use only or 101,000 t Copper, 234,500 oz Gold, 5.68m kg Mo
Slide 23: North Portia - Dipping Cu-Au Replacement Formation
North Portia - Dipping Cu-Au Replacement Formation For personal use only
Slide 24: And Shylock might yet have the last laugh
And Shylock might yet have the last laugh For personal use only The Shylock Prospect, few kilometres west of Portia was drilled some 15 years ago and assays up to 780 gms per tonne were intersected with 11 metres averaging 166 grams per tonne. This small rich cache has never been properly assessed.
Havilah Resources NL — Shareholder Meeting (December 2010) on 6ix