Havilah Resources (ASX:HAV) has released its activity report for the quarter ending 31 October 2024. The report details significant progress in its mineral projects located in South Australia. Key highlights include a strategic partnership with JX Advanced Metals Corporation for the Mutooroo project, successful drilling results, and capital raising efforts to support exploration.
Havilah Resources' latest activity report highlights the company's strategic advancements and exploration successes. The partnership with JX Advanced Metals Corporation aims to further develop the Mutooroo copper-cobalt project. Recent drilling activities at Mutooroo and Croziers have shown promising results, with significant mineralized intersections recorded. Financially, Havilah raised over $4 million to fund ongoing initiatives. Looking forward, the company plans to monetize the Kalkaroo project, explore new strategic alliances, and focus on expanding resources within the Curnamona Province. Havilah remains committed to leveraging its substantial resource base to capitalize on emerging market opportunities.
Our strategic partnership with JX Advanced Metals Corporation marks a pivotal step in advancing the Mutooroo copper-cobalt project. The recent drilling results are promising and we are optimistic about the potential expansion of our resource base. Our capital raising efforts are crucial in driving continued exploration and development activities across our projects.