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Hillgrove Resources Ltd (HLGVF)
Hillgrove Resources Ltd is a mineral exploration company located in the Adelaide Hills. It has completed open-pit mining at Kanmantoo. The group commenced development of an underground mine and completed the transition to underground copper production. Its Kanmantoo Copper Mine, located in South Australia's Tier 1 mining jurisdiction, has ramped up to an annual copper production rate of approximately 12,000 tonnes. It is also testing the next suite of potential targets. In addition to the Kanmantoo operation, the group currently holds around 100 per cent of a series of Exploration Licenses covering south-east South Australia in the Cambrian-Ordovician Kanmantoo Province. Over 95 per cent of the Kanmantoo Province is covered by the Tertiary Murray Basin, which has limited past exploration.
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