Deeper ore sections, where the ore is well developed, indicate grades of around 2 percent copper and 0.2 percent cobalt. The drilling in the FS is aimed at determining a JORC measured resource and a minimum production schedule of around 10,000t of contained copper and 1.000t of contained cobalt per annum. "This JV is a very favourable outcome for Havilah because our focus on the mining side will be complemented by Heilongjiang Resources concentration on the sales and marketing of the mine products," Havilah chairman Dr Bob Johnson said. Mutooroo is located 17 km south of the Barrier Highway and the intercontinental railway, which links directly to Port Pirie about 300 km to the west. It is envisaged a bulk concentrate will be produced at the mine and shipped overseas for extraction of the valuable components. Heilongjiang Resources' is a company formed by the Heilongjiang Provincial Institute of Geological Research, a commercial entity of the Heilongjiang Bureau of Geology and Mineral Resources under authority of the Heilongjiang Provincial Government in northeastern China.
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