HAV Price sensitive 27 Jul 2026, 2:22 PM

Exploration Drilling and Kalkaroo Update - Clarification

Havilah Resources Ltd

Havilah Resources Commences Drilling at Brooks Dam Prospect

Key points

  • RC drilling has started at Brooks Dam prospect after weather delays
  • Drilling funded by Strategic Alliance Agreement with Sandfire
  • Target is the Kalkaroo stratabound host horizon with geochemical anomalies
  • Sandfire has made progress on Kalkaroo deposit with new camp and facilities

Full summary

Havilah Resources Limited has initiated reverse circulation drilling at the Brooks Dam prospect, approximately 12 km northwest of the Kalkaroo copper-gold deposit. The drilling, funded under a Strategic Alliance Agreement with Sandfire, aims to penetrate the hard gossan-chert horizon to determine the thickness and extent of potential primary sulphide mineralisation. The prospect is marked by strong copper, gold, lead, and zinc geochemical anomalies. Sandfire has also made progress with an 80-bed onsite camp and core processing facility at Kalkaroo.

Guidance

No specific financial guidance provided in the announcement

Outlook

The company expects more frequent updates on drilling results and field activities as exploration progresses.

Summary generated by a large language model. Please interpret with care.

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