ASX MEDIA RELEASE
21 December 2021
2021 AGM TECHNICAL REVIEW PRESENTATION
onlyHavilah Resources Limited (Havilah or Company) is pleased to circulate the 2021 Technical Review presentation that will be presented at the 2021 Annual General Meeting today by Dr Chris Giles, Havilah's Technical Director.
useThe presentation provides a summary of Havilah's corporate and technical achievements during 2021 and its strategic planning for the year ahead. Havilah is well placed going into 2022 and shareholders can look forward to an exciting year of news flow on exploration and mineral project advances.
The presentation will also be available on the Company's website at www.havilah-resources.com.au.personalThis release has been authorised on behalf of the Havilah Resources Limited Board by Mr Simon Gray.
ForContact: Dr Chris Giles, Technical Director, on (08) 7111 3627 or email info@havilah-resources.com.au
Havilah Resources Limited | ABN 39 077 435 520 | Website : www.havilah-resources.com.au |
ASX : HAV | Tel : +61 (08) 7111 3627 | Email : info@havilah-resources.com.au |
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An Advanced Stage 100% Owned Multi-Commodity Minerals Portfolio
AGM 2021 TECHNICAL1 PRESENTATION | 20/12/2021 | |
Havilah Resources | Photo acknowledgement to Geoff Borg | |
Cautionary andCompetent Person'sStatements
Cautionary Statement
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. Neither Havilah Resources Limited (Havilah) nor any member of the Havilah Group of companies, gives no warranties in relation to the statements and information in this presentation. Investors should seek appropriate advice on their own objectives, financial situation and needs.
It is not recommended that any person makes any investment decision in relation to Havilah based on this presentation. This presentation should be read in conjunction onlywith the latest Annual Report together with any announcements made by Havilah in accordance with its continuous disclosure obligations arising under the Corporations
Act 2001.
This presentation contains certain statements which may constitute 'forward-looking statements'. Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, performance or achievements to differ materially from those expressed, implied or projected in any forward-looking statements Havilah disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. Investors are cautioned that forward-looking statements are not guarantees of future performance and investors are cautioned not to put undue reliance on forward-looking statements due to the i herent uncertainty therein.
Given the ongoing uncertainty relating to the duration and extent of the global COVID-19 pandemic, and the impact it may have on the demand and price for commodities,
n ur suppliers and workforce, and on global financial markets, the Company continues to face uncertainties that may impact its operating and financing activities.
Competent Person's Statement
useinformation was prepared and first disclosed under the JORC Code 2004 and is presented on the basis that the information has not materially changed since it was last reported. Havilah confirms that all material assumptions and technical parameters underpinning the reserves and resources continue to apply and have not materially changed. Except
The information in this presentation that relates to Exploration Targets, Exploration Results, Mineral Resources and Ore Reserves is based on data compiled by geologist, Dr Chris
Gil s, a Competent Person who is a member of The Australian Institute of Geoscientists. Dr Giles is Technical Director of the Company, a full-time employee and is a substantial
shareholder. Dr Giles has sufficient experience, which is relevant to the style of mineralisation and type of deposit and activities described herein to qualify as a Competent Person as defined in the 2012 Edition of 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Dr Giles consents to the inclusion in the
pre entation of the matters based on his information in the form and context in which it appears.
Information for the Kalkaroo Ore Reserve & Mineral Resource and the Mutooroo Inferred cobalt & gold Mineral Resources complies with the JORC Code 2012. All other
where explicitly stated, this presentation contains references to prior exploration results and JORC Mineral Resources, all of which have been cross-referenced to previous ASX announcements made by Havilah. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant ASX announcements.
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2021 West Kalkaroo progress and achievements
March - after 12 months compilation work, Program for Environment Protection and Rehabilitation (PEPR) document lodged with Department for Energy and Mining (DEM).
onlyAugust to present - addressed DEM feedback with additional consultant reports and reviews (delayed in part by unavailability of consultants). Expect to relodge PEPR during 1Q 2022 for final approval process.
February - July infill and resource expansion drilling with excellent confirmatory results.
Ongoing metallurgy work, mine design, mine scheduling required for PFS.
useEngagement with financiers, potential investors, mining contractors, equipment suppliers,
con truction contractors, native title claimants.
Expect to be able to close the above tasks once the PEPR is approved and West Kalkaroo PFS is completed.
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A considerable amount of effort has generated solid progress on a number of fronts
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2021 Other project progress
Mutooroo
Three RC drillholes confirmed good widths of sulphide mineralisation at the Cockburn prospect beneath an undrilled gossan identified by Havilah geologists.
Regional reconnaissance identified many outstanding prospects for drilling follow up.
onlyDrilling at Mutooroo deposit demonstrated lode extensions at depth (assay results are being compiled).
NU E ergy Resources
Decision to proceed with NU Energy IPO that will hold uranium rights over >11,000 km2 in the world class Frome Basin sand-hosted uranium province in South Australia.
- Planned priority offer to Havilah shareholders and in specie distribution.
Jupituser MT anomaly
Collaborative research work with Adelaide University team narrowed target area. Aeromagnetic susceptibility analysis identified cross-cutting structures.
Highlights potential mafic-ultramafic dyke complex that could be prospective for platinum group metals and nickel.
Substantial progress on achieving medium term objectives | |||
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Havilah Resources Ltd. published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 23:09:07 UTC.