Havilah Resources Limited Announces Re-Structuring and Down-Sizing Certain Staff Positions, Includes Chief Executive Officer (Formerly Performed by Mr. Walter Richards) and Joint Company Secretary and Business Manager (Formerly Performed by Ms. Claire Redman)

Havilah Resources Limited is an Australia-based company, which is engaged in the exploration for and evaluation of mineral resources (predominantly copper, gold, cobalt and iron ore) in South Australia. The Company’s projects include Kalkaroo, Mutooroo, Grants, Maldorky and Prospect Hill. The Kalkaroo Project is located in northeastern South Australia. The Mutooroo project is located within commuting distance of Broken Hill, and 16 kilometers (km) south of the Transcontinental railway line and Barrier Highway. The Grants iron ore project lies eight km south of the Barrier Highway and the Transcontinental Railway, and a one-hour drive southwest of Broken Hill. The Maldorky iron ore deposit lies approximately 26 km south of the Barrier Highway and the Transcontinental Railway, 300 km east of Port Pirie and a one-hour drive southwest of Broken Hill. The Prospect Hill tin project is located on the northern margins of the Flinders Ranges.