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Stavely Minerals Ltd ( (AU:SVY) ) just unveiled an update.
Stavely Minerals Ltd has announced an extension of gold anomalism at its Fairview South prospect, part of the Stavely Copper-Gold Project. Recent soil auger sampling has identified significant gold mineralization south of a previous drill hole, guiding the next phase of reverse circulation (RC) drilling. The company plans to mobilize a drill rig in late October to further explore this promising area. The results are expected to enhance Stavely’s exploration strategy by focusing on extending known mineralization, with assays from additional drill holes pending. This development could potentially strengthen Stavely’s position in the gold exploration market, offering promising opportunities for stakeholders.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is a company operating in the mining industry, focusing primarily on the exploration and development of copper and gold projects. The company is actively engaged in the Stavely Copper-Gold Project located in western Victoria, Australia, where it aims to expand its mineral resources and enhance its market position in the precious metals sector.
Average Trading Volume: 1,908,242
Technical Sentiment Signal: Sell
Current Market Cap: A$14.38M
See more data about SVY stock on TipRanks’ Stock Analysis page.