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An announcement from Stavely Minerals Ltd ( (AU:SVY) ) is now available.
Stavely Minerals has reported strong early progress on an updated 2026 Scoping Study for its Thursday’s Gossan and Cayley Lode deposits at the Stavely Copper-Gold Project in western Victoria, moving toward a development case targeting around 20,000 tonnes per annum of copper-equivalent production and an aspirational mine life of more than 10 years. The company has held its first project meeting with an independent study manager, is advancing updated Mineral Resource estimates and mine optimisations, and is revisiting metallurgical, processing, transport and marketing parameters in light of substantially higher copper, gold and silver prices and a more favourable exchange rate than in its incomplete 2022 Scoping Study, aiming to better demonstrate the project’s value and improve its appeal to institutional investors.
The most recent analyst rating on (AU:SVY) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Stavely Minerals Ltd stock, see the AU:SVY Stock Forecast page.
More about Stavely Minerals Ltd
Stavely Minerals Limited is an Australian mineral exploration and development company focused on copper, gold and silver, with its flagship 100%-owned Stavely Copper-Gold Project in western Victoria. Key deposits at the project include Thursday’s Gossan and the high-grade Cayley Lode, which the company aims to advance toward meaningful production scale attractive to institutional investors.
Average Trading Volume: 1,266,425
Technical Sentiment Signal: Hold
Current Market Cap: A$11.64M
See more insights into SVY stock on TipRanks’ Stock Analysis page.