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The latest update is out from Havilah Resources Limited ( (AU:HAV) ).
Havilah Resources Limited announced the completion of a significant drilling program at the Mutooroo copper-cobalt-gold project, in partnership with JX Advanced Metals Corporation. The program, consisting of 35 drillholes totaling 7,511 metres, has successfully identified potential resource expansions beyond the existing JORC resource envelope, particularly towards the north of the deposit. The results confirmed substantial sulphide mineralization and higher than average gold grades, suggesting a promising economic potential for the project, especially given the current high gold prices.
More about Havilah Resources Limited
Havilah Resources Limited is a company involved in the mining industry, focusing on the exploration and development of copper, cobalt, and gold projects. The company is particularly engaged in the Mutooroo Project Area, located southwest of Broken Hill, where it aims to expand its resource base through ongoing drilling activities.
YTD Price Performance: -6.82%
Average Trading Volume: 124,827
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$69.55M
For a thorough assessment of HAV stock, go to TipRanks’ Stock Analysis page.
