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Stavely Minerals Advances Gold Exploration in Western Victoria

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Stavely Minerals Advances Gold Exploration in Western Victoria

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Stavely Minerals Ltd ( (AU:SVY) ) has shared an announcement.

Stavely Minerals Limited has announced an update on its gold exploration activities at the Stavely Copper-Gold Project in Western Victoria. The company completed a Reverse Circulation drilling program at the Fairview North and South gold prospects, with assays pending. The exploration aims to confirm the orientation and dip of gold mineralization, preparing for a more extensive program to extend known mineralization. This development highlights Stavely’s strategic focus on gold exploration alongside its copper assets, potentially enhancing its market position and offering new opportunities for stakeholders.

More about Stavely Minerals Ltd

Stavely Minerals Limited is a company focused on mineral exploration, particularly in the copper and gold sectors. Its primary asset is the high-grade Cayley Lode copper-gold-silver deposit in Western Victoria, Australia. The company holds tenure over approximately 130km of the Stavely Arc, a region known for its potential in various world-class styles of gold mineralization.

Average Trading Volume: 718,958

Technical Sentiment Signal: Sell

Current Market Cap: A$5.71M

See more data about SVY stock on TipRanks’ Stock Analysis page.

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