- Write by:
-
Thursday, March 26, 2020 - 12:34:00 PM
-
515 Visit
-
Print
Mining News Pro - Havilah Resources announced that it is sidestepping what it dubbed “the virus turmoil” and is continuing with its planned drilling campaign by using its own drill rig at its Kalkaroo project in South Australia.
The Dulwich-based company said that following the receipt of drilling approvals from the Department for Energy and Mining, management decided to kick off its 2020 exploration drilling program.
According to Havilah, the strategy allows it to drill cost-effectively and provides flexibility in choosing the order of drilling targets.
“Given Kalkaroo is a large gold deposit in its own right, containing over 3.1 million ounces and recognizing the current high Australian dollar gold price, directors consider it prudent to focus on gaining as much drilling information as possible about the shallow gold resources at Kalkaroo,” the media statement reads.
“With Havilah’s drilling capability the key drilling information can be obtained efficiently and Havilah’s in-house geologists and mining engineers are able to model and evaluate the new data quickly.”
The firm said it will focus on resource delineation drilling of shallow gold mineralisation in the Tertiary age Namba Formation cover sediments; increasing the density of drill holes in the saprolite gold zone at West Kalkaroo to improve confidence in the gold resource within a conceptual starter open pit; testing the sparsely drilled mineralised Kalkaroo fault zone over approximately two kilometres length from West Kalkaroo to East Kalkaroo for shallow saprolite gold and REE mineralisation; and investigating rare earths mineralisation previously reported from West Kalkaroo.
Short Link:
https://www.miningnews.ir/En/News/506895
Mining News Pro - Alkane Resources has announced further results from its drilling program at the Kaiser deposit, which ...
Mining News Pro - Calibre Mining (TSX: CXB) posted another record quarter of production during Q2 2022, recording ...
Mining News Pro - Money is made in the discrepancy between price and value, says Rick Rule.
Mining News Pro - Gold miner Pan African Resources has announced that exploratory drilling into the down-dip extention ...
Mining News Pro - Meridian Mining has announced new results from its 25,000-metre drill program at its Cabacal ...
Mining News Pro - Newcrest Mining, which owns 70% of the Havieron gold-copper project in Australia, flagged on Thursday ...
Mining News Pro - Los Andes Copper reported on Thursday “excellent initial results” from ongoing drilling at its 100% ...
Mining News Pro - Battery Mineral Resources announced Tuesday encouraging drill core assay results from the 2021 drill ...
Mining News Pro - Ivanhoe Mines (TSX: IVN) said on Monday is expects to produce between 290,000 to 340,000 tonnes of ...
No comments have been posted yet ...