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An update from Stavely Minerals Ltd ( (AU:SVY) ) is now available.
Stavely Minerals Limited announced the results of its Phase 2 Reverse Circulation drilling program at the Fairview North gold prospect, part of its Stavely Copper-Gold Project in western Victoria. The drilling successfully extended the strike extent of shallow gold mineralization to over 300 meters, with significant intercepts indicating promising gold grades. The company plans to proceed with Phase 3 drilling to further explore the potential of the Fairview North, Fairview South, and S41 gold prospects, highlighting the project’s promising gold potential and its strategic focus on expanding its mineral resource base.
More about Stavely Minerals Ltd
Stavely Minerals Limited is a company engaged in the exploration and development of mineral resources, focusing primarily on copper and gold projects. The company operates the Stavely Copper-Gold Project located in western Victoria, Australia, where it is actively involved in drilling and exploration activities to assess and expand its mineral resources.
Average Trading Volume: 2,110,325
Technical Sentiment Signal: Sell
Current Market Cap: A$15.07M
Learn more about SVY stock on TipRanks’ Stock Analysis page.