Articles On Hillgrove Resources (ASX:HGO)

Hillgrove Resources has boosted the copper resource at the Kavanagh deposit at its Kanmantoo mine in South Australia, highlighting its potential to go stronger for longer at the underground mine. Kavanagh’s copper metal inventory has increa...

Hillgrove Resources (HGO) lifts the copper mineral resource estimate (MRE) for the Kavanagh deposit located at Kanmantoo in South Australia The MRE has been increased 13 per cent to 61,000 tonnes at 1.1 per cent copper, reflecting assays f...

Drilling at Hillgrove’s Kanmantoo project has returned significant drill results that demonstrated the continuity and endowment of the Nugent copper-gold lode system. Of the 24 holes drilled, 23 intersected the Nugent system with a top resu...

DRC Drilling has now been engaged to undertake a 1,200m drilling program across the copper-gold project. The primary decline has advanced to a position suitable to establish the first underground drilling platform. This means Hillgrove Res...

Hillgrove has hit a milestone with the delivery of the first load of high-grade underground Kanmantoo ore to the run-of-mine stockpile. This ore was recovered from the ventilation drive which is currently being advanced by the Komatsu MC51...

Hillgrove’s continuous mining trial at its Kanmantoo copper project is making progress with Komatsu successfully completing the portal for the primary decline. PYBAR has now been engaged to extend the decline through traditional drill and b...

ShareCafeThe Week that Was – March 21-25, 2022 We at ShareCafe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. To make it easier to do so,...

ShareCafeHillgrove Goes Full Bore at Kanmantoo Hillgrove Resources is looking to advance faster development of its underground discovery at the historic Kanmantoo copper gold mine southeast of Adelaide after good results from four diamond d...

Funding discussions have advanced to definitive agreements, with the required capital for the restart expected to be entirely funded by debt. Moreover, with drilling continuing to deliver wide zones of copper mineralisation, Hillgrove’s nex...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

“It was an exciting quarter for the company and the Kanmantoo site, which has seen us complete an updated mineral resource estimate that increased copper metal by 82% from 34,400 tonnes to 62,500 tonnes of copper as a result of the 2021 dri...

“Kanmantoo Underground Stage 1 presents a unique opportunity to produce copper in a Tier 1 jurisdiction at a time of record prices, generating post-tax cash flows of $196 million in the initial stage, with resource upside through depth exte...

“Kanmantoo Underground Stage 1 presents a unique opportunity to produce copper in a Tier 1 jurisdiction at a time of record prices, generating post-tax cash flows of $196 million in the initial stage, with resource upside through depth exte...

US stocks fall ahead of Fed meeting On Wall Street, all three major benchmarks finished lower ahead of the final US Fed meeting of the year, to be held today (US time). After last week’s best weekly gain since February, the S&P 500 fell...

Hillgrove has unleashed a resource upgrade and economic assessment sparkling with examples of how lucrative underground mining at Kanmantoo copper-gold mine can be. The company now expects the project to deliver post-tax free cash flow a sl...

Kanmantoo Copper Gold Mine is an advanced, fully permitted project with key infrastructure in place for a low capex restart

Development of the underground decline at Hillgrove’s Kanmantoo project has started with the world’s first portal cut using a transformational continuous mining technology. What separates Komatsu’s continuous mining technology from traditio...

Hillgrove Resources’ Kanmantoo underground decline in South Australia has commenced,  bringing forward potential first copper production and reducing future development costs. The decline is the first portal cut using transformational cont...

Hillgrove has started an extensive 16,000m drill program aimed at increasing resources at its Kanmantoo copper project in South Australia. This will target extensions to known lodes with initial drilling aimed at bringing the Nugent Pit int...

Hillgrove is poised to start a major drill program targeting extensions to known lodes at its Kanmantoo copper project following the arrival of the first rig. Drilling to test extensions to the Nugent, SW Kavanagh, Spitfire and North Kavana...

Hillgrove Resources has secured three drill rigs for the next stage of exploration at its Kanmantoo Underground project in SA – with the first rig scheduled to arrive and kick off drilling on 18 October.  The drilling will be completed by D...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. The program is sponsored by emerging company specialist RM Corporate Finance. In this episode, Barry chats to Lachlan...

Work is poised to start on the underground exploration and development decline at Hillgrove’s Kanmantoo copper project with the arrival of the Komatsu MC51 continuous miner. Besides providing the company with a headstart on its future minin...

ASX Capital Raise Roundup is a fortnightly look at ASX capital raisings. Market volatility certainly increased this week as we enter the traditionally weaker September and October months. Many share prices are declining, albeit on low tradi...

Hillgrove Resources has signed a contract with Komatsu subsidiary Joy Global Australia to establish a portal, exploration decline and underground drill platforms at its Kanmantoo copper mine in South Australia. The agreement will enable acc...

Investors have lined up behind Hillgrove committing to a $10m placement to fund exploration and development at its Kanmantoo copper-gold mine. Institutional and sophisticated investors, several of which were new to the company, strongly ov...

The ASX was set for another negative day if futures and Wall Street’s drop were any guide — but even with a bad start, Australia’s bourse finished in the green. The ASX 200 fell as much as 0.50% in the first few minutes of trade but closed...

Australia’s bourse had its biggest decline since February 26 falling by over 2%. The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since Apr...

Most junior resources companies must go through the arduous process of exploring their projects, getting them permitted, securing funding, and completing development work before ever seeing the fruits of their labour. Hillgrove Resources (A...

Hillgrove Resources has revealed opportunities to expand the Kanmantoo copper mine in South Australia, with a decline to commence in late 2021. Hillgrove chief executive officer Lachlan Wallace presented at the Copper to the World conferenc...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Hillgrove Resources has received a grant from the South Australian Government to trial Komatsu’s latest underground mining technology at its Kanmantoo copper mine. Hillgrove will be using Komatsu’s MC51 continuous mining equipment to develo...

The ASX 200 rose 0.41% to close at 7,535 while the ASX Emerging Companies Index gained another 1.36% to close at 2,362 points. All sectors were in the green except energy and utilities which lost 1.44% and 1.19%. The best performing sectors...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Investors – where to put your money when everything looks so bloody good? Iron ore touched $200/t once again to close out a volatile month in positive territory. Gold bounced back to record its biggest month-on-month gain since July last ye...

There’s no doubt it’s a positive time for those trading in resources, with two commodities in particular – copper and iron ore – hitting all-time price highs in the last few days alone. The basis on which those highs have been achieved is...

The copper price has reached an all-time high (ATH) of US$10,420/tonne after rising by 3.2% late Friday. This puts the price of the red metal at more than double its March 2020 lows. Dr Copper is in the house.   What’s driving demand? The r...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

The ASX finished the day in the red and the tech sector dropped more than any other sector. The ASX 200 closed at 7,062 which was 0.48 per cent down from yesterday and tech stocks shed over 3.5 per cent. The only other sector to fall over 1...

Summary Hillgrove Resources’ share price has skyrocketed 64.8% today and is currently trading at AU$0.089. Today, Veris’ share has given a breakout from a consolidation phase on the chart. The Red Sky Energy share price is also runnin...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

COPPER hopeful Hillgrove Resources has upgraded resources for its flagship Kanmantoo mine outside Adelaide, with several lodes defined at depth ...

A quick wrap of the key winners and losers on Tuesday, June 30. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 908 stocks went up, 474 went down, and 731...

A quick wrap of the key winners and losers on Wednesday, June 24. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 741 stocks rose, 697 declined and 764 we...

Junior explorer Talisman Mining (ASX: TLM) has flagged another asset sale to help fund exploration efforts elsewhere. The company will divest its Sinclair nickel project to the $2.9b Saracen Minerals (ASX:SAR) in a $10m cash deal. As part o...

Hot Chili (ASX:HCH) has stumbled across a new, large high-grade zone at depth at its Cortadera project in Chile after recording “one of the world’s standout copper-gold porphyry drill results”. Recent drilling delivered a hit of 622m at 0.6...