Havilah Resources Limited
Havilah Resources Limited holds a multi-project copper/base-metals portfolio in South Australia: the Kalkaroo copper-gold(-cobalt) project, the Mutooroo copper-cobalt-gold project, the Maldorky and Grants iron ore projects, and the Prospect Hill tin project. Kalkaroo's Mineral Resource stands at 232.5Mt at 0.49% Cu and 0.37 g/t Au (0.79% CuEq at a 0.4% CuEq cut-off), containing 1.14Mt copper and 2.77Moz gold; a 2018-era Pre-Feasibility Study (RPMGlobal) modelled a pre-tax NPV(7.5%) of A$564M and 26% IRR at US$2.89/lb Cu and US$1,200/oz Au -- both price assumptions well below current spot. This remains the most recent COMPLETED economic study for Kalkaroo (confirmed no newer PFS/FS exists as of Aug 2026) and IS the figure carried in this database's dcfNpvUsd/irrPct/mineLifeYears fields, flagged here as dated rather than silently presented as reflecting current commodity prices. In Nov 2025 Havilah executed definitive agreements for Sandfire Resources to earn up to 80% of Kalkaroo via a staged earn-in (~A$117.6M effective upfront consideration plus A$30M in regional exploration funding), with a NEW PFS due within 18-24 months (by ~H2 FY28) including a minimum 20,000m infill/extension drill program -- expected to supersede this 2018 figure once complete; Havilah retains 100% pending completion of Sandfire's earn-in stages. Separately, Havilah is progressing a Mutooroo farm-in with Hillgrove Resources (ASX:HGO), signed after the June 2026 quarter-end.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Technical Director and Executive Director of Havilah Resources Limited. Internationally experienced exploration geologist involved in discoveries of operating gold mines across Indonesia, Tanzania and Australia. Founding member of Havilah; played a key role in the strategic accumulation of the Group's mineral tenement holding in the Curnamona Province of northeastern South Australia. Responsible for delineating 8 new mineral resources and overseeing exploration programs.
Chief Operating Officer of Havilah Resources Limited (B.Eng, Mining). Mining engineer with over 25 years' experience specializing in resource evaluation, mine planning and open pit optimisation using state of the art 3D mining software. Has worked across all Havilah projects and holds responsibility for technical delivery of the company's mineral projects.
Chief Geologist of Havilah Resources Limited (B.App.Sc, MSc Geology). More than 26 years of exploration experience in the Curnamona Craton; has led Havilah's exploration programs for 16 years, including design, supervision and conducting of exploration programs for copper and gold, resource drilling, geological modeling and mining approvals for multiple deposits.
Director and Company Secretary of Havilah Resources Limited.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Havilah's clearest outside backing is a small, historical stake held by global miner and trader Glencore, tied to its past joint-venture rights over Havilah's Kalkaroo project rather than a fresh cash purchase. We found real director's-interest filings on the ASX but couldn't confirm within available time whether they reflect buying or selling.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
dcfNpvUsd is a USD conversion of the PFS's native A$564M pre-tax NPV7.5%, using the study's own stated A$1=US$0.75 assumption -- not a directly disclosed USD figure. [Task #871] ouncesFound deliberately left null: Kalkaroo's 2.77Moz gold is a byproduct figure within a COPPER-primary Mineral Resource (232.5Mt @ 0.49% Cu / 0.37 g/t Au, reported as CuEq) -- per the Task #324 operational convention (copper resources reported in tonnes/lbs contained metal, not troy oz; see EXG/QML/MMG's identical reasoning on this same audit batch), the byproduct gold figure is not written in ouncesFound's place, which would misrepresent this copper-primary deposit's size.