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Havilah Resources Limited ( (AU:HAV) ) has issued an update.
Havilah Resources has reported assay results from an 11-hole, 2,240-metre reverse circulation drilling program at its Birksgate prospect, about 50 km north-northwest of the Kalkaroo copper-gold deposit in northeastern South Australia. The program targeted conceptual stratabound horizons within the Birksgate anticline and syncline to assess the extent and continuity of copper-bearing units.
Significant copper intercepts in holes BKRC013 and BKRC014 on the eastern limb of the anticline, including intervals grading up to 0.38% copper with associated gold and molybdenum, confirm stratabound copper-gold-molybdenum mineralisation roughly 6 km from the original 2014 Birksgate discovery. Geological logging indicates this mineralisation is hosted within a distinctive stratigraphic package interpreted as laterally equivalent to the Kalkaroo host horizon and distributed over a wide area.
Drilling on the western limb and in the anticline core did not return notable copper grades, but elevated manganese and iron suggest proximity to a broader skarn system. One southern step-out hole encountered thicker-than-expected cover yet still returned elevated copper values and a metal signature similar to earlier skarn intersections, underscoring the need for further drilling to define the system’s extent.
Technical Director Chris Giles said the results demonstrate widespread copper mineralisation over approximately 6 km across the regional syncline–anticline pair at Birksgate, implying more than 50 km of prospective strike length for stratabound copper. For Havilah, these results expand the scale of the exploration target and reinforce Birksgate’s potential to host a large stratabound copper system, which could enhance the company’s project pipeline and strategic positioning in Australian copper exploration.
The most recent analyst rating on (AU:HAV) stock is a Hold with a A$0.67 price target. To see the full list of analyst forecasts on Havilah Resources Limited stock, see the AU:HAV Stock Forecast page.
More about Havilah Resources Limited
Havilah Resources Limited is an Australian mineral exploration company focused on copper, gold and associated metals in South Australia’s Curnamona Province. The company is advancing prospects such as the Kalkaroo copper-gold deposit and the nearby Birksgate skarn prospect, targeting stratabound mineralisation with potential for large-scale copper systems.
Average Trading Volume: 541,434
Technical Sentiment Signal: Buy
Current Market Cap: A$226.5M
See more data about HAV stock on TipRanks’ Stock Analysis page.

