- Havilah Resources (HAV) is continuing to intersect gold from ongoing shallow resource drilling at West Kalkaroo in Western Australia
- The aim of this drilling program is to better define gold mineralisation at the deposit
- Results peaked as high as 4.56 grammes per tonne gold
- Once the results have been finalised, Havilah’s mining engineers will be able to confirm the expected viability of the deposit
- Havilah has dropped 10.3 per cent and shares are currently trading for 8.7 cents each
Havilah Resources (HAV) is continuing to intersect gold from ongoing shallow resource drilling at West Kalkaroo.
Kalkaroo is located in Western Australia and it is one of the largest undeveloped open pit copper deposits in Australia.
It contains 1.1 million tonnes of copper, 3.1 million ounces of gold, and 23,200 tonnes of cobalt in measured, indicated and inferred JORC mineral resources.
This shallow resource drilling is being completed by Havilah’s drilling crew using the aircore (AC) drilling method.
The aim of this drilling is to define a gold resource in Tertiary age Namba Formation clays, and better define the underlying saprolite (chemically weathered rock) gold mineralisation.
Significant results from the formation clays include three metres at 5.51g/t gold from 56-59 metres, five metres at 4.56g/t gold from 50-55 metres, and four metres at 3.33g/t gold from 56-60 metres.
While this mineralisation is not included in any resource at this stage it is believed to be of economic importance because it occurs in what is typically a waste overburden that must be removed to access the copper-gold orebody beneath.
Typical with Havilah’s previous drills, the AC holes continued into the underlying saprolite gold and copper zones until the rock became too hard to drill any further.
Significant results from these zones include four metres at 3.77g/t gold from 97-101 metres, 25 metres at 2.04g/t gold from 80-105 metres, and 14 metres at 1g/t gold from 87 to 101 metres.
As all of the holes ended in gold mineralisation, Havilah believes that mineralisation may continue at depth.
“Once again the West Kalkaroo gold drilling results continue to be consistently positive,” Technical Director Dr Chris Giles stated.
“Good gold grades have been returned in the base of Tertiary clays, which has confirmed the easter extensions of this persistently gold mineralised, shallow clay layer,” he said.
“A further repeat of better than published resource grades for the saprolite gold ore is also positive for the conceptual starter open-pit economics,” he added.
Once the results have been finalised, Havilah’s mining engineers will be able to confirm the expected viability of the deposit.
Havilah has dropped 10.3 per cent and shares are trading for 8.7 cents each at 1:14 pm AEST.