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Havilah Resources Limited (ASX:HAV)

ALERT: Price-sensitive ASX Announcement for HAV
Current share price for HAV : $0.820 0 (0%)+
Release
27 Jul 2026 2:22PM
Price at Release
$0.820
Full Release
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Summary
Havilah Resources Limited has commenced reverse circulation drilling at the Brooks Dam prospect, located approximately 12 km northwest of the Kalkaroo copper-gold deposit in northeastern South Australia. This activity follows delays caused by severe weather conditions. The drilling is part of a Strategic Alliance Agreement with Sandfire Resources Limited and aims to penetrate the hard gossan-chert horizon to explore for possible primary sulphide mineralization. Concurrently, Sandfire Resources is conducting a large-scale drilling program at the Kalkaroo Copper-Gold Project, with plans to complete a pre-feasibility study by the second half of the fiscal year 2028. Havilah has also received regulatory approvals for further drilling activities, contingent on individual program notifications.
Key Points
  • RC drilling commenced at Brooks Dam prospect.
  • Drilling funded under Strategic Alliance Agreement with Sandfire.
  • Severe weather caused prior delays.
  • Objective is to explore for primary sulphide mineralization.
  • Sandfire conducting a large-scale drilling program at Kalkaroo.
  • Pre-feasibility study expected to complete by H2 FY28.
  • Regulatory approvals received for further drilling activities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.