Havilah Resources Ltd (ASX:HAV) is a debt free South Australian gold producer having recently financed and developed its first gold mine at Portia in north-eastern South Australia. It plans to follow on with three copper-gold-cobalt mining developments at North Portia, Kalkaroo and Mutooroo, which are underpinned by a JORC resources mineral inventory of over 1.4 million tonnes of copper, 3.6 million ounces of gold, and 18,000 tonnes of cobalt.
Havilah Resources Ltd
ASX:HAV ISIN:AU000000HAV4
News
Havilah Resources NL (ASX:HAV) announce a shallow reconnaissance RC percussion drilling program commenced in late February at the Lilydale iron ore prospect. Drilling targeted the area of highest combined gravity and magnetic response along a poorly exposed portion of the Braemar Iron Formation, where it was interpreted that the concentration of iron would be highest. Five drillholes were completed before heavy rains in the district prematurely halted the drilling program.
Havilah Resources NL (ASX:HAV) is pleased to provide a Quarterly Activities Report for the period ended 31 December 2009.
ABN Newswire stocks to watch today include: Atlas Iron Limited (ASX:AGO), Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Carpentaria Exploration Limited (ASX:CAP), Brickworks Limited (ASX:BKW), iSOFT Group Limited (ASX:ISF), Iron Road Limited (ASX:IRD), and Havilah Resources NL (ASX:HAV).
Havilah Resources NL's (ASX:HAV) Lilydale Iron Ore Project, following routine repairs and maintenance, the drilling rig has been mobilized to site to commence the 2010 drilling program. Drilling commenced yesterday at the Lilydale iron ore project, where up to ten shallow percussion (RC) holes are planned. These holes are designed to test the core of the large coincident gravity and magnetic anomaly associated with a poorly exposed portion of the Braemar Iron Formation.
ABN Newswire stocks to watch today include: Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Otto Energy Limited (ASX:OEL), Australian Bauxite Limited (ASX:ABZ), Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF), Havilah Resources NL (ASX:HAV) and Fufeng (HKG:0546) (OTC:FFNGY).
Against a background of continuing buoyancy in commodity prices, Havilah Resources NL (ASX:HAV) plans an active year balanced between moving its advanced projects towards production and exploring its portfolio of promising prospects.
ABN Newswire stocks to watch today include: Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Image Resources NL (ASX:IMA) (PINK:IMREF), Havilah Resources NL (ASX:HAV), Drillsearch Energy Limited (ASX:DLS) (PINK:DRLLF) and Beach Energy Limited (ASX:BPT) (PINK:BEPTF).
Havilah Resources NL (ASX:HAV) advises that it has completed the second stage of a detailed gravity survey at the Lilydale iron ore project, targeting the area of highest magnetic intensity of the Braemar Iron Formation. Gravity readings were carried out at 50m spacing along traverses 200m apart, and now cover approximately 8 km of strike of the western limb of the non-outcropping iron formation.
ABN Newswire Stocks to Watch today include: Linc Energy Limited (ASX:LNC)(PINK:LNCGY), Galaxy Resources Limited (ASX:GXY)(PINK:GALXF), iSOFT Group Limited (ASX:ISF), Havilah Resources Limited (ASX:HAV), Drillsearch Energy Limited (ASX:DLS)(PINK:DRLLF), Metallica Minerals Limited (ASX:MLM) and Otto Energy Limited (ASX:OEL)(PINK:OTTEF).
Havilah Resources NL (ASX:HAV) Chairman Bob Johnson Address At Annual General Meeting - The past year has been a tumultuous one on the stock market due to the extreme volatility of global financial markets. Historic lows were reached in March 2009 followed by an unprecedented rebound.
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