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Havilah Resources Limited ( (AU:HAV) ) has issued an announcement.
Havilah Resources Limited and Sandfire Resources Limited have entered into a binding agreement to advance the Kalkaroo Copper-Gold Project and initiate a strategic exploration alliance in South Australia’s Curnamona Province. The agreement allows Sandfire to earn an 80% interest in the project through a two-stage earn-in structure, involving significant financial commitments for project development and regional exploration. This collaboration aims to unlock the potential of one of Australia’s largest undeveloped copper-gold deposits, leveraging Sandfire’s mining expertise and Havilah’s geological knowledge, with implications for regional economic growth and stakeholder engagement.
More about Havilah Resources Limited
Havilah Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources, particularly copper and gold. The company is engaged in projects within the Curnamona Province in northeastern South Australia, aiming to transform it into a major copper province.
Average Trading Volume: 239,806
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$94.6M
For detailed information about HAV stock, go to TipRanks’ Stock Analysis page.