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Havilah Resources' iron ore projects show development potential as prices rise

Havilah Resources Ltd (ASX:HAV) technical director Chris Giles updates Proactive Investors on the junior explorer's development work at its Grants Iron Ore Project in South Australia. 
The company announced an initial exploration target last week of a tonnage range between 3.47 to 3.79 billion tonnes at a grade range of 23.9-27.6%.
This conceptual target is based on drilling funded by SIMEC Mining as part of their due diligence investigation of the commercialisation potential of Havilah’s Maldorky and Grants iron ore projects.

Quick facts: Havilah Resources Ltd

Price: 0.145 AUD

Market: ASX
Market Cap: $39.29 m

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