Havilah Resources April 2025 Quarterly Activity Update

Havilah Resources Limited (ASX: HAV) has released its activity report for the quarter that ended 30 April 2025, highlighting continued progress across its key projects and strategic initiatives. The Kalkaroo copper-gold-cobalt project is at the forefront, where strong interest from potential partners, boosted by recent copper sector M&A activity, supports ongoing strategic funding discussions. With a 3.1Moz open-pit gold resource, Kalkaroo is well-positioned amid surging gold prices, which exceeded US$3,500/oz (AU$5,400/oz) in April.

At the Mutooroo copper-cobalt-gold project, Havilah is in advanced negotiations with JX Advanced Metals Corporation (JXAM) for pre-feasibility study funding and a potential equity stake. Regional exploration has also advanced at targets, including Johnson Dam and Croziers. The Company focuses on securing project-level funding or partnerships to monetise assets and fund exploration. With copper and gold prices significantly higher over the past 15 months, Havilah is strategically poised to capitalize on market tailwinds.

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