Hillgrove Resources Limited

HGO

AU000000HGO6

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 11:40:22 23/05/2024 am IST			5-day change	1st Jan Change
0.084 ^AUD	-3.45%		-4.55%	-10.64%

06:31am	Hillgrove Resources Extends Mineralization at Kanmantoo Mine; Shares Fall 5%	MT
29/04	Hillgrove Resources Accelerates Production at Kanmantoo Project	MT

Hillgrove Resources Limited - DECLINE REACHES FIRST UNDERGROUND DRILLING PLATFORM

April 28, 2022 at 08:03 pm IST

Hillgrove Resources Limited (Hillgrove, the Company) (ASX:HGO) is pleased to advise that the primary decline has advanced to a position suitable to establish the first underground drilling platform. Hillgrove has engaged DRC Drilling to undertake a 1,200m drilling program, which aims at stope definition drilling of the Spitfire lode that is planned to be mined in the early stages of the mining plan.

The decline advance will cease as the stope definition drilling is undertaken. Pybar has demobilised equipment and people during this period. Komatsu has concluded the trials as planned and will commence demobilisation next week. By the time the drilling is complete, it is expected that the successful mining contractor will have been engaged and ready to commence, pending a positive investment decision.

Contact:

Mr Lachlan Wallace

CEO & Managing Director

Tel: +61 (0)8 7070 1698

Mr Joe Sutanto

Chief Commercial Officer & Company Secretary

Tel: +61 (0)8 7070 1698

Latest news about Hillgrove Resources Limited

Hillgrove Resources Extends Mineralization at Kanmantoo Mine; Shares Fall 5%	10:01am	MT
Hillgrove Resources Accelerates Production at Kanmantoo Project	29/04	MT
Hillgrove Resources Accelerates Kanmantoo Copper Production in March	04/04	MT
Hillgrove Resources Completes AU$10 Million Placement; Shares Down 9%	26/02	MT
Hillgrove Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2023	26/02	CI
Hillgrove Resources Receives Proceeds from First Copper Concentrate Sale from South Australian Mine	19/02	MT
Hillgrove Resources Produces First Copper Concentrate from South Australian Mine	12/02	MT
Hillgrove Resources Commences Kanmantoo Bulk Mining	10/01	MT
Hillgrove Resources Commissions Crusher at Kanmantoo Project Processing Facility; Shares Rise 4%	20/12	MT
Hillgrove Resources Transports Kanmantoo Project Copper Concentrates to Port Adelaide	04/12	MT
Hillgrove Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23/23/23	CI
Hillgrove Resources Limited Appoints Dr. Roger John Higgins as A Non-Executive Director	06/23/06	CI
Hillgrove Resources Establishes Exploration Target for Kanmantoo Project	23/23/23	MT
Hillgrove Resources Ltd. Provides Exploration Target Update	23/23/23	CI
Hillgrove Resources Starts Early Works for Underground Development at South Australian Copper Project	17/23/17	MT
Hillgrove Resources to Start Extension Drilling at South Australian Copper Project	14/23/14	MT
Hillgrove Resources Limited Announces Mine Extension Drilling to Commence At Kanmantoo	14/23/14	CI
Hillgrove Resources to Raise AU$19 Million in Share Placement	02/23/02	MT
Hillgrove Resources Limited Reports Earnings Results for the Full Year Ended December 31, 2022	28/23/28	CI
Hillgrove Resources Limited Auditor Raises 'Going Concern' Doubt	28/23/28	CI
Hillgrove Resources Hits Copper-Gold at South Australia's Kanmantoo Mine Lease	27/23/27	MT
Hillgrove Resources Limited Provides Drilling Update At Kanmantoo Mine Lease	27/23/27	CI
Hillgrove Resources Limited Reports Earnings Results for the Half Year Ended June 30, 2022	29/22/29	CI
Hillgrove Resources to Receive $4.1 Million Under Kanmantoo Project Royalty Deal	24/22/24	MT
Hillgrove Resources Limited Provides the Spitfire Drilling Update	08/22/08	CI

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Company Profile

Hillgrove Resources Limited is an Australia-based mining company. The Company's flagship project The Kanmantoo Underground project is located approximately 55km from Adelaide. The Kanmantoo features the recently completed Giant, Nugent and Emily Star Open Pits, and a fully permitted and operational ore processing plant, and tailings storage facility with spare capacity. The Company's pipeline of exploration opportunities over more than 6,100 square kilometers (km2) of tenements. These tenements comprise three project areas: the Mine Lease Exploration, Near Mine Exploration and the Regional Exploration areas within the Kanmantoo Province in the south-east of South Australia. In addition to the Kanmantoo operation, The Company holds over 6,150 km2 of granted Exploration Licenses in South-eastern South Australia which are prospective for the discovery of economic copper deposits within a variety of geological settings (Southeastern Copper Project).

Sector

Specialty Mining & Metals

Calendar

31/05/2024 - Annual General Meeting

More about the company

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