Kanmantoo shows signs of life in South Australia

Feb 23, 2021 | News

Social media has been abuzz so far this week with investors asking which of the copper stocks are the pick of the bunch?
Somewhat of a forgotten copper player is South Australian focused Hillgrove Resources Ltd.
Hillgrove has the Kanmantoo copper mine and today announced an exploration target of between 8-16mt @ between 1-2% copper and 0.2-0.4 g/t gold.

The exploration target indicates the potential for significant growth of the underground resource and that a significant increase in mine life may be possible at Kanmantoo, where 137,000t copper was produced between 2011-2019.

A copper-gold processing plant and TSF remain in place at Kanmantoo for Hillgrove to leverage from.