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South Australia - SA Explorers

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Mutooroo – Copper-Cobalt<br />

Havilah Resources / Heilongjiang Resources<br />

Mutooroo<br />

• Current Resource 11.5 Mt @ 1.1% Cu and 0.1% Co<br />

• Drilling results indicate wide sulphide zone within potential resource<br />

- Best results include 27m @ 1.75% Cu and 0.22% Co<br />

• Feasibility study due for completion late 2007<br />

- Aiming for annual production of 20 000t Cu and 2 000t Co<br />

• Application for mining lease submitted<br />

• Potential to be <strong>Australia</strong>’s largest cobalt producer<br />

September April 2007

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