Havilah Resources NL (ASX:HAV) 58.6% Fe In Lilydale Iron Ore Sample
Perth, Nov 16, 2009 AEST (ABN Newswire) - Havilah Resources NL (ASX:HAV) wishes to advise that it has received whole rock and trace element analyses for a sample (ORT1) of outcropping ironstone from its Lilydale iron ore project. Twin objectives were to check levels of contaminant elements, and to confirm the 55% Fe content previously returned by a portable Niton XRF analyzer for this sample.
Havilah also advises that today it has commenced a detailed gravity survey to cover 8 km of strike of the Braemar Iron Formation within EL 3519 where it is interpreted to be thickest and best developed.
The gravity survey will assist in identifying drilling targets within this large area, because the highest concentrations of iron or densest rocks should be marked by elevated gravity readings. The best drilling targets are not immediately obvious at the surface because the Braemar Iron Formation is poorly exposed on EL 3519.
The Lilydale iron ore projects lies 50 km southeast of Yunta, which is located on the Transcontinental Railway, some 200km east of Port Pirie. Aeromagnetic anomalies associated with magnetic ironstone indicate at least 20 km of strike of the Braemar Iron Formation lie within Havilah's 100% owned EL 3519.
Values for the key elements taken from the complete assay sheet are summarized in the following table:
------------------------------------------ID Fe SiO2 Al2O3 CaO K2O MgO------------------------------------------ % % % % % % ORT1 58.6 10 2.32 0.26 0.028 0.16==========================================------------------------------------ Mn Na2O P TiO2 V LOI------------------------------------ % % % % % %0.016 0.04 0.078 0.16 0.009 2.7====================================
This shows a comparatively high iron content of 58.6% and relatively low levels of the main unwanted elements such as Al, P, Ti and V.
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.
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