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Stavely Minerals Ltd ( (AU:SVY) ) has issued an update.
Stavely Minerals Ltd has commenced a new phase of Reverse Circulation (RC) drilling at the Fairview North gold prospect within its Stavely Copper-Gold Project. This follows promising assay results from previous drilling, which revealed high-grade gold zones. The current drilling aims to confirm the orientation of gold mineralization and extend it along the strike. The company is also conducting a soil auger program to inform future drilling at Fairview South. These efforts are part of Stavely’s strategy to capitalize on the project’s gold potential, with further definition drilling planned for various zones and an expansion of reconnaissance air-core drilling.
More about Stavely Minerals Ltd
Stavely Minerals Ltd is a mining company focused on the exploration and development of copper and gold projects. Their primary focus is on the Stavely Copper-Gold Project located in western Victoria, Australia.
Average Trading Volume: 1,621,007
Technical Sentiment Signal: Sell
Current Market Cap: A$8.5M
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