Havilah Resources was granted by the South Australian Minister for Energy and Mining three Mineral Leases (MLs) and two Miscellaneous Purposes Licenses (MPLs) for the Kalkaroo Copper-Gold Project in South Australia.
|Photo overlooking Kalkaroo Station and Kalkaroo Copper-Gold Project area. Image source ©Havilah Resources|
In a statement, Havilah commented that the decision now secured the Company’s right to mine the Kalkaroo Project.
“The next step in the permitting process is to obtain permission to mine, which requires the submission and approval of a Program for Environment Protection and Rehabilitation (PEPR), as required under South Australia’s Mining Act,” said Havilah.
Work continues on the finalisation of the updated prefeasibility study (PFS), due for completion in the last quarter of 2019. Work is continuing on investigating development opportunities, which includes progressing discussions with potential investment partners.
Havilah’s steady progress on the Kalkaroo Project over a period of 15 years is a testament to the patience, persistence and vision of Havilah’s personnel.
Throughout this entire period, Havilah has consistently strived to add value to the project in order to increase the likelihood of the development of the project and to attract investment development partners who can assist to bring the Kalkaroo Project into production.
Commenting on the granting of the three MLs and two MPLs for Kalkaroo, CEO, Mr Walter Richards said that the grant of the mining tenements for the Kalkaroo Copper-Gold Project was a significant milestone for Havilah.
“We look forward to progressing the Kalkaroo Project to the next stages of development including the finalisation of the updated PFS,” Mr Richards said.