Havilah Resources Limited · ASX:HAV
Havilah Resources — Paydirt's 2010 South Australian Resources and Energy Investment Conference
19 slides from Havilah Resources's conference presentation, May 4, 2010
Slide 1: Presentation at Paydirt's 2010 South Australian Resources and Energy Investment Conference
For personal use only Presentation at Paydirt’s 2010 South Australian Resources and Energy Investment Conference Adelaide, 3-4 May 2010 Havilah Resources Presentation Details Havilah Resources NL aims to become a significant producer of Havilah Resources NL (ASX:HAV) is please to attach a copper, go
Slide 2: A large copper deposit in South Australia
For personal use only A large copper deposit in South Australia SA Resources and Energy Investment Conference Presentation by Dr. Chris Giles Technical Director 3 May 2010
Slide 3: Kalkaroo – a significant copper gold deposit
Kalkaroo – a significant copper gold deposit For personal use only • Feasibility study completed – $14 million funded by Glencore International • Measured resource of 62 Mt @ 0.55% Cu & 0.44 g/t Au based on 353 drillholes and 31,000 assays • 320,000 t copper and 980,000 oz gold • Mine life 11.5 year
Slide 4: Kalkaroo project – Curnamona Province
For personal use only Kalkaroo project – Curnamona Province
Slide 5: Kalkaroo deposit - origin
Kalkaroo deposit - origin For personal use only • A large replacement deposit • Key elements – structural domes, major vertical faults, chemically reactive evaporitic horizon, granite • Mineralising solutions have migrated up faults and replaced a favourable chemically reactive evaporitic horizon
Slide 6: Kalkaroo deposit – origin
For personal use only Kalkaroo deposit – origin
Slide 7: Kalkaroo – aeromagnetics shows mineralised horizon
Kalkaroo – aeromagnetics shows mineralised horizon For personal use only 100m thick mineralised horizon clearly visible on high quality aeromagnetics – a good prospecting tool
Slide 8: Orebody Geometry
For personal use only Kalkaroo Orebody Geometry •Orebody forms a north dipping sheet •Truncated each end by a major major E‐W fault‐breccia zone •Shear displacement at western end
Slide 9: Orebody Geometry
For personal use only Kalkaroo Orebody Geometry
Slide 10: Orebody Geometry
For personal use only Kalkaroo Orebody Geometry $2 20 value triangulation Qz-carb b Vein/breccia Kalkaroo Main Dome Kalkaroo West Western Shear Base of Hangingwall sequenc ce To otwall sequence Top of Foo 3D view look king E showing major structural and stratigrraphic features and $2 20 value triang
Slide 11: Kalkaroo – ore zonation
For personal use only Kalkaroo – ore zonation • Ore shows vertical zonation and supergene enrichment due to oxidation of primary sulphides in upper part • Free gold and native copper in soft weathered rock • Primary sulphides (chalcopyrite) in fresh rock at depth Mineralisation type Cu % Au g/t SG T
Slide 12: Main zone – ore zonation
For personal use only Kalkaroo main zone– ore zonation Section D
Slide 13: West Kalkaroo – ore zonation
For personal use only West Kalkaroo – ore zonation Section KW 4
Slide 14: Kalkaroo project – mining
Kalkaroo project –mining For personal use only • Starter pit in far west, moving progressively eastward • Terrace mining, with in pit dumping of waste • At least half of ore body will require minimal or no blasting
Slide 15: Kalkaroo project – financial model
Kalkaroo project – financial model For personal use only • Mining models run at Cu price US$4,400 and US$5,500 / tonne, Au price US$1,000 /oz, AUD:USD 0.8, 4.5 Mtpa ore • At 85% current copper price, cash surplus (after capital repayment) approx A$605m over 11.5 year mine life • No account of molybd
Slide 16: Kalkaroo project - capex
Kalkaroo project - capex For personal use only Total capex for 4.5 Mtpa approx $250m, comprising : • Processing plant and related infrastructure $198m • Indirect costs associated with construction $49m • Further $53.5m if owner operated ‐ mining equipment
Slide 17: Kalkaroo project – positive attributes
Kalkaroo project – positive attributes For personal use only • Favourable logistics ‐ railway (50 km), Broken Hill (120 km) and 500km from Adelaide • Potentially good returns at present metal prices • Funded (subject to Glencore decision),HAV retains 86% • Good discovery potential for additional res
Slide 18: Kalkaroo – next steps
Kalkaroo – next steps For personal use only • Evaluation of Feasibility Study by Glencore and decision on future participation and funding • Refine processing flow sheet to better handle four ore types and improve recoveries • Investigate staged start up to reduce initial capital and risk, taking ad
Slide 19: 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