TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Stavely Minerals Ltd ( (AU:SVY) ).
Stavely Minerals Ltd has commenced Phase 3 of its Reverse Circulation (RC) drilling program at the Fairview South gold prospect, part of its Stavely Copper-Gold Project in western Victoria. The company has reported promising assay results from initial drilling, indicating significant gold mineralization extending hundreds of meters to the south of previous intercepts. This new phase of drilling aims to explore these southern extensions and test additional targets, including the S41 breccia-hosted gold target, which shows potential for significant gold discovery. The results could enhance Stavely Minerals’ position in the mining industry by confirming the presence of extensive gold mineralization, potentially benefiting stakeholders through increased resource estimates and future development opportunities.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of copper and gold projects. Its primary market focus is on the Stavely Copper-Gold Project located in western Victoria, Australia.
Average Trading Volume: 1,734,692
Technical Sentiment Signal: Sell
Current Market Cap: A$11.64M
For an in-depth examination of SVY stock, go to TipRanks’ Overview page.