451 MILLION TONNE RESOURCE
Low Sovereign Risk, Mining Friendly South Australia
IRON ORE
OUR FLAGSHIP
IRON ORE PROJECTS
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JORC Resources of 451 million tonnes of 24-30% Fe in Grants and Maldorky deposits.
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Grants Basin is one of the largest iron ore discoveries in Australia in recent decades with an
Exploration Target of 3.5-3.8 billion tonnes of 24-28% Fe (only 25% of the basin area is drilled)
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Potentially decades supply of high quality upgraded iron ore likely to be suitable for pelletising.
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Soft, granular ore with carbonate-clay matrix and a low work index, well suited to upgrading.
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Upgrades to a premium 65% product with low impurity elements for an efficient 40% yield and 85-88% overall iron recovery.
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Located in northeastern South Australia near Broken Hill – a low sovereign risk, tier 1 ESG destination.
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Grants and Grants Basin projects lie within a few km of the heavy duty transcontinental railway line that connects directly to a proposed transshipment facility at Port Playford 350 km to the west that is planned to be operational in 2022.
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Drilling is planned at the earliest opportunity to define a shallow iron ore resource at Grants Basin that can form the basis for a mining scoping study.
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Bulk samples will be collected to test dry magnetic separation processing technology, which has the advantage of minimal ground water usage and ease of tailings disposal.
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It is expected that energy will come from new and nearby existing renewable energy sources.
MALDORKY
– 147 million tonne @ 30.1% Fe JORC Indicated Resource.
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- Minor overburden and simple ore body geometry resulting in a very low waste:ore ratio open pit mine (approx. 0.19:1).
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- Iron ore is comparatively soft and weakly abrasive due to lack of silica and the carbonate-clay matrix.
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- Ugrades to a low impurity 65% Fe product for an efficient 40% yield and 85-88% overall Fe recovery.
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- Mining Lease application process is well advanced.
GRANTS & GRANTS BASIN
- Grants is a hull shaped deposit that is up to 200 metres thick and contains 304 million tonne @ 24% Fe Inferred JORC resource.
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- Grants Basin contains an Exploration Target 3.5-3.8 billion tonnes @ 24-28% Fe, with only 25% of the large basin area reconnaissance drilled to date. The deepest hole intersected 488 metres of continuous iron ore @ 24.6% Fe.
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- In both cases the iron ore outcrops and the deposit geometries are favourable for low waste:ore open pits.
- Lie 8 km south of the Transcontinental railway line with direct links to several shipping port options to the east. One hour from Broken Hill via the main Barrier Highway.
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- Ore mineralogy is similar to Maldorky and beneficiation characteristics are expected to be similar.
451 MILLION TONNES OF IRON ORE IN JORC MINERAL RESOURCES
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CORPORATE PORTFOLIO
5
Projects
Tonnes of Copper
1.3M
Ounces of Gold
3.2M
451M
Tonnes of Iron Ore
43.4k
Tonnes of Cobalt
KEY ASSETS
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Copper, gold, cobalt JORC Mineral Resource inventory – 1.3 million tonnes of copper, 3.2 million ounces of gold and 43.4 thousand tonnes of cobalt.
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Kalkaroo copper-gold-cobalt deposit – 100 million tonne open pit JORC Ore Reserves of 0.474 million tonnes of copper and 1.4 million ounces of gold.
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Mutooroo copper-cobalt-gold deposit – 13.1 million tonnes of 1.53% copper, 0.16% cobalt and 0.20 g/t gold open pit massive sulphide deposit.
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Iron ore – three deposits namely Maldorky and Grants JORC Resources and Grants Basin, with potentially several billion tonnes of iron ore mineralisation.
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Over 11,000 km² of highly prospective mineral tenements in South Australia – unmatched elsewhere in Australia.
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*Items shown in photographs on this website may not necessarily be assets of Havilah Resources.
486 METRES OF IRON ORE IN DRILLHOLE
ACQUISITION OF NEW IRON ORE TENEMENT
