InvestSMART

Havilah Resources Limited (ASX:HAV)

ALERT: Price-sensitive ASX Announcement for HAV
Current share price for HAV : $0.805 0.02 (2.55%)+
Announcement
Release
31 Jul 2026 9:16AM
Price at Release
$0.785
Full Release
download
Summary
Havilah Resources Limited, an Australian company, presented its 'Prospect – Prove – Partner' strategy at a Sharewise Webinar. The company focuses on the Curnamona Province, known for its high geological prospectivity and large stratabound mineralized systems. Havilah has partnered with Sandfire Resources and Hillgrove Resources on the Kalkaroo Copper-Gold Project and the Mutooroo Copper-Cobalt-Gold Project, respectively. The presentation highlighted a $105M stage 1 payment for Kalkaroo, a planned $70M PFS, and an infill and extension drilling program. Mutooroo involves a $10M PFS work and a potential 80% project interest for Hillgrove if certain conditions are met. Havilah aims to leverage these partnerships to expedite project development and exploration in its under-explored tenements, thereby enhancing shareholder value.
Key Points
  • Havilah Resources' strategy focuses on the Curnamona Province.
  • Kalkaroo Copper-Gold Project involves Sandfire Resources and has a planned $70M PFS.
  • $105M stage 1 payment received for Kalkaroo in 2026.
  • Mutooroo Copper-Cobalt-Gold Project involves Hillgrove Resources.
  • $10M PFS work planned for the Mutooroo project.
  • 20% retained interest for Havilah in partnered projects.
  • Targeted drilling in Curnamona Province facilitated by Sandfire funding.
  • Exploration success aimed to enhance shareholder value.
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.