Havilah Resources NL (ASX:HAV) Completes A 3,200 Metre Drilling Program At North Portia Copper-Gold-Molybdenum Project
Adelaide, Nov 12, 2009 AEST (ABN Newswire) - Havilah Resources NL (ASX:HAV) advises that it has recently completed a 3,200 metre air core drilling program, comprising 27 shallow holes at the North Portia copper-gold-molybdenum project. The drilling has returned several significant intersections, including:
52 metres of 1.44% copper and 0.89 g/t gold in NPAC 39.
This supports previously reported Havilah (and Pasminco) drilling results, including:
38 metres of 3.01% Cu and 0.66 g/t Au in NPAC003
36 metres of 1.55% Cu and 1.0 g/t Au in NPAC015
Better drilling results from the current program for which assays have been received are as follows:
----------------------------------------------------Hole No From To(m) Interval Cu% Au ppm Mo ppm----------------------------------------------------NPAC 37 93 119 26 0.79 0.61 196NPAC 39 97 149 52 1.44 0.89 162NPAC 43 92 107 15 2.00 1.27 934NPAC 44 84 119 35 0.80 0.50 536NPAC 49 82 89 7 1.80 0.28 666----------------------------------------------------
The objective of the drilling program was to define a JORC resource for the previously incompletely drilled secondary copper sulphide mineralization at North Portia. Potential coppergold ore from North Portia could provide supplementary feed to a mining operation at Kalkaroo in order to boost total copper and gold production. North Portia lies approximately 30 km north of Kalkaroo, within an acceptable trucking distance.
The material drilled is typically completely weathered to saprolite clays, and as a consequence is very soft and would not require blasting to mine. The main copper sulphide minerals are chalcocite, bornite and chalcopyrite. The molybdenum levels at North Portia, are often quite significant (see results for drillholes NPAC 43 and NPAC 49 above) and could add appreciable value to the potential ore, depending on metallurgical recovery factors.
Havilah's drilling appears to have closed off the economic mineralization along strike, but not down plunge. Drilling information is now adequate to calculate a resource figure for the secondary copper-gold resource at North Portia, which will be published in due course.
About Havilah Resources Ltd
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.
| ||
|
