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Havilah Resources Limited ( (AU:HAV) ) just unveiled an update.
Havilah Resources Limited announced further details on its recent high-grade uranium drilling results at the Johnson Dam prospect. The drilling program, which included nine reverse circulation drill holes, revealed significant uranium mineralization in two of the holes, with one delivering the highest grade intercept recorded at the site. Despite challenges such as drilling issues and structural complexities, the program has enhanced geological understanding and confirmed the potential for a new hard rock uranium deposit. Future efforts will focus on expanding the known mineralized zone and possibly delineating an initial mineral resource.
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. Its primary products include uranium, copper, cobalt, and rare earth elements, with a market focus on discovering and developing hard rock uranium deposits.
Average Trading Volume: 182,889
Technical Sentiment Signal: Sell
Current Market Cap: A$64.41M
For a thorough assessment of HAV stock, go to TipRanks’ Stock Analysis page.