Perth, Nov 16, 2009 (ABN Newswire) - Havilah Resources NL (ASX:HAV) wishes to advise that it has received whole rock and trace element analyses for a sample (ORT1) of outcropping ironstone from its Lilydale iron ore project. Twin objectives were to check levels of contaminant elements, and to confirm the 55% Fe content previously returned by a portable Niton XRF analyzer for this sample.
Havilah also advises that today it has commenced a detailed gravity survey to cover 8 km of strike of the Braemar Iron Formation within EL 3519 where it is interpreted to be thickest and best developed.
The gravity survey will assist in identifying drilling targets within this large area, because the highest concentrations of iron or densest rocks should be marked by elevated gravity readings. The best drilling targets are not immediately obvious at the surface because the Braemar Iron Formation is poorly exposed on EL 3519.
The Lilydale iron ore projects lies 50 km southeast of Yunta, which is located on the Transcontinental Railway, some 200km east of Port Pirie. Aeromagnetic anomalies associated with magnetic ironstone indicate at least 20 km of strike of the Braemar Iron Formation lie within Havilah's 100% owned EL 3519.
Values for the key elements taken from the complete assay sheet are summarized in the following table:
Havilah also advises that today it has commenced a detailed gravity survey to cover 8 km of strike of the Braemar Iron Formation within EL 3519 where it is interpreted to be thickest and best developed.
The gravity survey will assist in identifying drilling targets within this large area, because the highest concentrations of iron or densest rocks should be marked by elevated gravity readings. The best drilling targets are not immediately obvious at the surface because the Braemar Iron Formation is poorly exposed on EL 3519.
The Lilydale iron ore projects lies 50 km southeast of Yunta, which is located on the Transcontinental Railway, some 200km east of Port Pirie. Aeromagnetic anomalies associated with magnetic ironstone indicate at least 20 km of strike of the Braemar Iron Formation lie within Havilah's 100% owned EL 3519.
Values for the key elements taken from the complete assay sheet are summarized in the following table:
------------------------------------------
ID Fe SiO2 Al2O3 CaO K2O MgO
------------------------------------------
% % % % % %
ORT1 58.6 10 2.32 0.26 0.028 0.16
==========================================
------------------------------------
Mn Na2O P TiO2 V LOI
------------------------------------
% % % % % %
0.016 0.04 0.078 0.16 0.009 2.7
====================================
This shows a comparatively high iron content of 58.6% and relatively low levels of the main unwanted elements such as Al, P, Ti and V.| Tweet |
About Havilah Resources Nl
Havilah Resources NL (ASX:HAV) was formed in late 1996 to explore for gold and other metals in South Australia. In mid 1997 Lion Selection Group Ltd became a cornerstone investor in Havilah and subsequently invested A$1.9m.
Havilah listed on the ASX on 21st March 2002, following a successful A$6 million capital raising. Since then the Company has patiently acquired a strategic, 100% owned ground holding in the Curnamona Province, now covering more than 6000 square kilometres of highly prospective Broken Hill age rocks.
As part of its copper strategy, Havilah aims to achieve annual copper and gold production of 55,000 tonnes and 100,000 ounces respectively, from mining operations to be developed on its three advanced projects, namely Kalkaroo, Mutooroo and Benagerie over the next three years. This will be accompanied by appreciable by-product cobalt, molybdenum and sulphuric acid production. Accordingly, Havilah is focused on completing feasibility studies on these three projects by the end of 2008.
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