Havilah Resources Initiates Follow-Up Drilling at Johnson Dam Prospect

Havilah Resources Limited ( (AU:HAV) ) has issued an update.

Havilah Resources Limited has commenced a second round of reverse circulation drilling at the Johnson Dam prospect, located near the Kalkaroo copper-gold-cobalt deposit. This initiative aims to explore and potentially extend the hard rock uranium and multi-metal discovery made in 2023. The drilling targets a linear aeromagnetic high and an associated airborne radiometric uranium anomaly, which suggests the presence of a mineralized and altered fault zone. The exploration could have significant implications for Havilah’s operations, potentially enhancing its resource base and market positioning in the mining sector.

More about Havilah Resources Limited

Havilah Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with copper, gold, cobalt, and uranium, with a significant market focus on multi-metal mineralization.

Average Trading Volume: 109,761

Technical Sentiment Signal: Sell

Current Market Cap: A$56.83M

For a thorough assessment of HAV stock, go to TipRanks’ Stock Analysis page.