Havilah Resources Enters Exploration Agreement With BGC For Bassanio IOCG Target

Havilah Resources Ltd (ASX:HAV) has entered into an agreement covering exploration by Benagerie Gold & Copper Pty Ltd (BGC) of Bassanio Iron Oxide Copper Gold (IOCG) target in northeast South Australia.

BGC is a wholly-owned subsidiary of Consolidated Mining and Civil Pty Ltd (CMC) of Broken Hill, which acquired from Havilah the mining lease covering the adjacent Portia Gold Project.

CMC, which was Havilah’s former mining partner at Portia, is undertaking further due diligence and permitting at the North Portia Copper-Gold Project.

The exploration agreement provides for BGC to complete two diamond drill holes at pre-agreed target positions on the Bassanio IOCG target, west of Portia, in the first year.