RE: The challenge of mineral discovery under cover - Coring Magazine17 Sep 2025 11:21
What is fantastic is that Havieron is still totally open at depth, and when Shaun Day was asked about his often stated wish to follow the Havieron ore body "down to the centre of the earth", he said on the last webinar:
"We've already got 1,000M of vertical extent on that, where we have a resource, and holes 200-300M further below that, where we continue to intercept the ore body, so, although only a few data points, there's no structural reason why this is a cut off."
"Don't forget the first 1,000M, just on the SE Crescent, gives us 20 years of mining life, at least at the 2.8M tonnes scenario. So we are spoilt for mine life."
"Having said that, one of the things we put in the study (Havieron FS) is a bulk handling system. Think of this as a dedicated decline, with a conveyor in it. Conveyors are great. Good ESG, but better economics. Those efficient material handling systems actually make the ore body more economic at depth".