Havilah Resources announced that BHP Group (ASX:BHP) will not exercise the Kalkaroo call option to acquire the Kalkaroo Copper-Gold-Cobalt Project in northeastern South Australia.
Work completed by BHP and OZ Minerals confirmed and enhanced their previous study's findings, such as improved copper recoveries and concentrate grades from sulphide ore and a longer conceptual open pit mine life.
Havilah has retained full ownership of all surrounding exploration areas and has engaged Deutsche Bank to reach out to parties interested in the Kalkaroo Project.