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An announcement from Stavely Minerals Ltd ( (AU:SVY) ) is now available.
Stavely Minerals Limited has announced plans to conduct an Induced Polarisation geophysical survey at its S41 gold prospect within the Stavely Copper-Gold Project. This survey aims to identify sulphide mineralisation potentially linked to late-stage gold deposits, enhancing the understanding of the site’s mineral potential. Previous drilling results have confirmed gold mineralisation, although distribution remains inconsistent. Additionally, recent drilling at the Junction Copper-Silver discovery has confirmed similar mineralisation to earlier findings, though further drilling is needed to confirm the extent of high-grade deposits.
More about Stavely Minerals Ltd
Stavely Minerals Limited operates in the mineral exploration industry, primarily focusing on copper and gold projects. The company is actively developing its 100%-owned Stavely Copper-Gold Project in Victoria, exploring promising sites like the S41 breccia-hosted gold prospect.
YTD Price Performance: 11.11%
Average Trading Volume: 1,020,123
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$10.88M
Learn more about SVY stock on TipRanks’ Stock Analysis page.
