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Havilah Resources Reports Positive Mutooroo Study Results

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Havilah Resources Reports Positive Mutooroo Study Results

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An announcement from Havilah Resources Limited ( (AU:HAV) ) is now available.

Havilah Resources Limited has reported positive results from its Mutooroo study program, which was funded by JX Advanced Metals Corporation. The study included a 7,511 metre drilling program that extended sulphide mineralisation beyond current resource limits and confirmed previous intersections. Metallurgical testwork showed high copper recoveries and the production of high-grade concentrates, aligning with JXAM’s requirements. The results have led to discussions with JXAM about a potential pre-feasibility study and equity interest in the project, indicating significant potential for resource expansion and future mining operations.

More about Havilah Resources Limited

Havilah Resources Limited is a company operating in the mining industry, focusing on the exploration and development of copper, cobalt, and gold resources. The company’s market focus includes projects like the Mutooroo copper-cobalt-gold project located in the Mutooroo Project Area, southwest of Broken Hill.

Average Trading Volume: 113,526

Technical Sentiment Signal: Sell

Current Market Cap: A$55.98M

See more data about HAV stock on TipRanks’ Stock Analysis page.

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