Havilah Resources Limited has advanced its exploration programs with significant developments at two key prospects in northeastern South Australia. The company successfully completed a reverse circulation drilling program at its Johnson Dam prospect, executing nine drillholes totalling 1,485 metres. Early geological logs indicate that the targeted rock sequences were intersected in most holes, and the samples have now been sent for assay analysis. This work builds on the earlier hard rock uranium and multi-metal discovery announced in May 2025, highlighting the company’s commitment to expanding its resource base. The drilling rig has now shifted approximately 60 kilometres southeast to the Mingary Mine prospect, where a new phase of reverse circulation drilling has commenced. This area has already shown encouraging indications from previous lower-risk drilling, including an intersection of 30 metres delivering 0.64% copper and 0.43 grams per tonne gold at 89 metres depth in one of the recent drillholes. Historical drilling from both Havilah Resources Limited and its predecessor revealed that copper–gold sulphide mineralisation extends over nearly one kilometre of strike length. Surface mapping and rock chip sampling have provided positive signals, suggesting that the mineralised shear zone may extend further north and south of these earlier drill results. Importantly, there is potential for this deposit to feed into a regional processing plant planned at the Mutooroo copper-cobalt-gold deposit, fitting into a broader spoke and hub mining development concept. The technical progress and strategic drilling locations have led market observers to assess the sentiment around the stock. On the bullish side, the successful drilling at Johnson Dam and the promising early results from Mingary Mine signal that Havilah Resources Limited is on track to potentially expand its copper and gold inventory. This could add significant value to the company by increasing the future available resources and supporting regional mining infrastructure. In contrast, a bearish perspective might point to the inherent risks of exploration, including the uncertainty around assay results and the possibility that further work may not fully validate the current geological models. The forward-looking nature of these exploration updates advises investors to remain cautious while monitoring upcoming assay results for more definitive information.